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

Bound rate, simple mean, all products (%) in Barbados was 78.93 as of 2020. Its highest value over the past 24 years was 78.93 in 2020, while its lowest value was 78.01 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 78.01
1999 78.18
2000 78.18
2001 78.18
2002 78.18
2003 78.18
2004 78.18
2006 78.18
2007 78.18
2010 78.18
2011 78.18
2012 78.24
2013 78.24
2020 78.93

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs