Nicaragua - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Nicaragua was 41.59 as of 2010. Its highest value over the past 15 years was 41.61 in 1995, while its lowest value was 41.58 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
1995 41.61
1998 41.59
1999 41.59
2000 41.59
2001 41.59
2002 41.59
2004 41.58
2005 41.58
2007 41.59
2009 41.59
2010 41.59

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Nicaragua was 41.73 as of 2010. Its highest value over the past 15 years was 41.73 in 2010, while its lowest value was 41.68 in 1995.

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
1995 41.68
1998 41.73
1999 41.73
2000 41.73
2001 41.73
2002 41.73
2004 41.69
2005 41.69
2007 41.73
2009 41.73
2010 41.73

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Nicaragua was 42.26 as of 2010. Its highest value over the past 15 years was 42.26 in 2010, while its lowest value was 41.95 in 1995.

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
1995 41.95
1998 42.21
1999 42.21
2000 42.21
2001 42.21
2002 42.21
2004 42.14
2005 42.14
2007 42.26
2009 42.26
2010 42.26

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs