South Africa - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in South Africa was 17.12 as of 2010. Its highest value over the past 14 years was 17.20 in 2006, while its lowest value was 17.12 in 2007.

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
1996 17.13
1997 17.13
1999 17.13
2001 17.13
2004 17.20
2005 17.20
2006 17.20
2007 17.12
2008 17.12
2009 17.12
2010 17.12

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in South Africa was 19.36 as of 2010. Its highest value over the past 14 years was 19.36 in 2010, while its lowest value was 18.94 in 1996.

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
1996 18.94
1997 19.19
1999 19.19
2001 19.19
2004 19.21
2005 19.21
2006 19.21
2007 19.36
2008 19.36
2009 19.36
2010 19.36

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in South Africa was 28.12 as of 2010. Its highest value over the past 14 years was 28.12 in 2010, while its lowest value was 26.08 in 1996.

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
1996 26.08
1997 27.41
1999 27.41
2001 27.41
2004 27.30
2005 27.30
2006 27.30
2007 28.12
2008 28.12
2009 28.12
2010 28.12

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs