Nepal - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Nepal was 24.29 as of 2011. Its highest value over the past 7 years was 24.29 in 2011, while its lowest value was 24.18 in 2004.

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
2004 24.18
2005 24.18
2006 24.18
2007 24.29
2009 24.29
2010 24.29
2011 24.29

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Nepal was 26.19 as of 2011. Its highest value over the past 7 years was 26.19 in 2011, while its lowest value was 26.03 in 2004.

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
2004 26.03
2005 26.03
2006 26.03
2007 26.19
2009 26.19
2010 26.19
2011 26.19

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Nepal was 32.60 as of 2011. Its highest value over the past 7 years was 32.60 in 2011, while its lowest value was 32.46 in 2004.

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
2004 32.46
2005 32.46
2006 32.46
2007 32.60
2009 32.60
2010 32.60
2011 32.60

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs