St. Vincent and the Grenadines - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in St. Vincent and the Grenadines was 53.90 as of 2020. Its highest value over the past 24 years was 53.91 in 2007, while its lowest value was 53.81 in 2010.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 53.87
1999 53.91
2000 53.91
2001 53.91
2002 53.91
2003 53.91
2006 53.91
2007 53.91
2010 53.81
2011 53.81
2012 53.90
2013 53.90
2015 53.90
2016 53.90
2017 53.90
2018 53.90
2019 53.90
2020 53.90

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in St. Vincent and the Grenadines was 62.95 as of 2020. Its highest value over the past 24 years was 62.95 in 2020, while its lowest value was 62.45 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. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.

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

See also:

Year Value
1996 62.45
1999 62.54
2000 62.54
2001 62.54
2002 62.54
2003 62.54
2006 62.54
2007 62.54
2010 62.63
2011 62.63
2012 62.95
2013 62.95
2015 62.95
2016 62.95
2017 62.95
2018 62.95
2019 62.95
2020 62.95

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in St. Vincent and the Grenadines was 93.04 as of 2020. Its highest value over the past 24 years was 93.04 in 2020, while its lowest value was 91.91 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. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. 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 91.91
1999 92.41
2000 92.41
2001 92.41
2002 92.41
2003 92.41
2006 92.41
2007 92.41
2010 92.58
2011 92.58
2012 93.04
2013 93.04
2015 93.04
2016 93.04
2017 93.04
2018 93.04
2019 93.04
2020 93.04

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs