India - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in India was 35.62 as of 2009. Its highest value over the past 12 years was 36.34 in 1997, while its lowest value was 35.57 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. 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
1997 36.34
1999 36.27
2001 36.32
2004 35.64
2005 35.57
2007 35.62
2008 35.62
2009 35.62

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in India was 50.18 as of 2009. Its highest value over the past 12 years was 50.18 in 2009, while its lowest value was 49.11 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.

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

See also:

Year Value
1997 49.89
1999 49.84
2001 49.87
2004 49.17
2005 49.11
2007 49.97
2008 50.18
2009 50.18

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in India was 89.95 as of 2009. Its highest value over the past 12 years was 90.52 in 2001, while its lowest value was 89.04 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. 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
1997 90.50
1999 90.51
2001 90.52
2004 89.06
2005 89.04
2007 89.81
2008 89.95
2009 89.95

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs