Belize - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs