Benin - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Benin was 58.25 as of 2020. Its highest value over the past 19 years was 58.99 in 2002, while its lowest value was 58.25 in 2015.

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
2001 58.99
2002 58.99
2003 58.87
2004 58.87
2005 58.87
2006 58.87
2007 58.81
2008 58.81
2009 58.81
2010 58.81
2011 58.81
2012 58.81
2013 58.81
2014 58.81
2015 58.25
2016 58.25
2017 58.25
2018 58.25
2019 58.25
2020 58.25

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs