Nigeria - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Nigeria was 60.64 as of 2010. Its highest value over the past 15 years was 61.65 in 2008, while its lowest value was 60.41 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. 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 60.41
1996 61.37
1997 61.37
1998 61.37
1999 61.37
2000 61.37
2001 61.37
2002 61.37
2005 61.65
2006 61.65
2008 61.65
2009 60.64
2010 60.64

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Nigeria was 119.42 as of 2010. Its highest value over the past 15 years was 119.42 in 2010, while its lowest value was 118.25 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 118.25
1996 118.37
1997 118.37
1998 118.37
1999 118.37
2000 118.37
2001 118.37
2002 118.37
2005 119.13
2006 119.13
2008 119.13
2009 119.42
2010 119.42

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Nigeria was 147.02 as of 2010. Its highest value over the past 15 years was 147.02 in 2010, while its lowest value was 146.75 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 146.75
1996 146.81
1997 146.81
1998 146.81
1999 146.81
2000 146.81
2001 146.81
2002 146.81
2005 146.85
2006 146.85
2008 146.85
2009 147.02
2010 147.02

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs