Ghana - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Ghana was 64.66 as of 2020. Its highest value over the past 20 years was 74.20 in 2000, while its lowest value was 63.10 in 2013.

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
2000 74.20
2001 73.71
2002 73.71
2003 73.71
2004 73.71
2007 73.12
2008 73.12
2009 73.12
2010 65.80
2013 63.10
2016 63.10
2017 63.10
2018 64.66
2019 64.66
2020 64.66

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Ghana was 92.78 as of 2020. Its highest value over the past 20 years was 92.85 in 2009, while its lowest value was 92.21 in 2000.

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
2000 92.21
2001 92.26
2002 92.26
2003 92.26
2004 92.26
2007 92.85
2008 92.85
2009 92.85
2010 92.49
2013 92.47
2016 92.47
2017 92.47
2018 92.78
2019 92.78
2020 92.78

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Ghana was 96.08 as of 2020. Its highest value over the past 20 years was 96.68 in 2009, while its lowest value was 96.08 in 2018.

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
2000 96.64
2001 96.65
2002 96.65
2003 96.65
2004 96.65
2007 96.68
2008 96.68
2009 96.68
2010 96.59
2013 96.09
2016 96.09
2017 96.09
2018 96.08
2019 96.08
2020 96.08

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs