Dominican Republic - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Dominican Republic was 33.04 as of 2020. Its highest value over the past 24 years was 33.10 in 2004, while its lowest value was 32.94 in 2005.

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 33.10
1997 33.10
1998 33.10
1999 33.10
2000 33.10
2001 33.10
2002 33.10
2003 33.10
2004 33.10
2005 32.94
2006 32.94
2007 33.00
2008 33.00
2010 33.00
2011 33.00
2012 32.97
2013 32.97
2015 32.97
2016 32.97
2017 33.04
2018 33.04
2020 33.04

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs