Belgium - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Belgium was 4.01 as of 2011. Its highest value over the past 16 years was 4.17 in 2006, while its lowest value was 4.01 in 2008.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 4.10
1996 4.09
1997 4.08
1998 4.08
1999 4.08
2000 4.08
2001 4.08
2002 4.11
2003 4.10
2004 4.17
2005 4.17
2006 4.17
2007 4.13
2008 4.01
2009 4.01
2010 4.01
2011 4.01

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Belgium was 4.21 as of 2011. Its highest value over the past 16 years was 5.73 in 1996, while its lowest value was 4.21 in 2008.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 5.47
1996 5.73
1997 5.50
1998 5.47
1999 5.56
2000 5.69
2001 5.05
2002 5.55
2003 5.16
2004 5.46
2005 5.49
2006 5.47
2007 5.53
2008 4.21
2009 4.21
2010 4.21
2011 4.21

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Belgium was 5.01 as of 2011. Its highest value over the past 16 years was 11.62 in 1996, while its lowest value was 5.01 in 2008.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 10.36
1996 11.62
1997 10.59
1998 10.46
1999 10.89
2000 11.49
2001 8.54
2002 10.71
2003 8.97
2004 10.07
2005 10.24
2006 10.16
2007 10.41
2008 5.01
2009 5.01
2010 5.01
2011 5.01

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs