Barbados - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Barbados was 73.47 as of 2020. Its highest value over the past 24 years was 73.47 in 2020, while its lowest value was 73.33 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. 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 73.33
1999 73.43
2000 73.43
2001 73.43
2002 73.43
2003 73.43
2004 73.43
2006 73.37
2007 73.37
2010 73.37
2011 73.37
2012 73.39
2013 73.39
2020 73.47

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs