Cuba - Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Cuba was 21.77 as of 2020. Its highest value over the past 24 years was 21.77 in 2020, while its lowest value was 19.77 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.

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

See also:

Year Value
1996 19.77
1997 19.77
1998 19.77
1999 19.77
2000 19.77
2001 19.77
2002 19.77
2003 20.37
2004 20.37
2005 20.37
2006 20.37
2007 20.37
2008 20.37
2009 20.91
2010 20.91
2011 20.91
2012 20.91
2013 20.91
2015 21.62
2016 21.62
2017 21.62
2019 21.77
2020 21.77

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs