Belize - Bound rate
Bound rate, simple mean, manufactured products (%)
Bound rate, simple mean, manufactured products (%) in Belize was 51.94 as of 2020. Its highest value over the past 24 years was 52.09 in 1996, while its lowest value was 51.91 in 2009.
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 |
|---|---|
| 1996 | 52.09 |
| 1999 | 52.08 |
| 2001 | 52.08 |
| 2002 | 52.08 |
| 2003 | 52.08 |
| 2006 | 52.01 |
| 2007 | 52.01 |
| 2008 | 52.01 |
| 2009 | 51.91 |
| 2010 | 51.91 |
| 2011 | 51.91 |
| 2012 | 51.91 |
| 2013 | 51.94 |
| 2014 | 51.94 |
| 2015 | 51.94 |
| 2016 | 51.94 |
| 2017 | 51.94 |
| 2018 | 51.94 |
| 2019 | 51.94 |
| 2020 | 51.94 |
Bound rate, simple mean, all products (%)
Bound rate, simple mean, all products (%) in Belize was 59.31 as of 2020. Its highest value over the past 24 years was 59.31 in 2020, while its lowest value was 58.33 in 2009.
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 |
|---|---|
| 1996 | 58.36 |
| 1999 | 58.39 |
| 2001 | 58.39 |
| 2002 | 58.39 |
| 2003 | 58.39 |
| 2006 | 58.37 |
| 2007 | 58.37 |
| 2008 | 58.37 |
| 2009 | 58.33 |
| 2010 | 58.33 |
| 2011 | 58.33 |
| 2012 | 58.33 |
| 2013 | 59.30 |
| 2014 | 59.30 |
| 2015 | 59.30 |
| 2016 | 59.30 |
| 2017 | 59.30 |
| 2018 | 59.31 |
| 2019 | 59.31 |
| 2020 | 59.31 |
Bound rate, simple mean, primary products (%)
Bound rate, simple mean, primary products (%) in Belize was 83.50 as of 2020. Its highest value over the past 24 years was 83.50 in 2020, while its lowest value was 81.49 in 1996.
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 |
|---|---|
| 1996 | 81.49 |
| 1999 | 81.89 |
| 2001 | 81.89 |
| 2002 | 81.89 |
| 2003 | 81.89 |
| 2006 | 81.63 |
| 2007 | 81.63 |
| 2008 | 81.63 |
| 2009 | 81.63 |
| 2010 | 81.63 |
| 2011 | 81.63 |
| 2012 | 81.63 |
| 2013 | 83.48 |
| 2014 | 83.48 |
| 2015 | 83.48 |
| 2016 | 83.48 |
| 2017 | 83.48 |
| 2018 | 83.50 |
| 2019 | 83.50 |
| 2020 | 83.50 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
