Burkina Faso - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Burkina Faso was 93.99 as of 2020. Its highest value over the past 19 years was 95.24 in 2002, while its lowest value was 93.99 in 2017.

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
2001 95.24
2002 95.24
2003 94.91
2004 94.91
2005 94.91
2006 94.91
2007 94.75
2008 94.75
2009 94.75
2010 94.75
2011 94.75
2012 94.75
2013 94.75
2014 94.75
2015 94.00
2016 94.00
2017 93.99
2018 93.99
2019 93.99
2020 93.99

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs