Botswana - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Botswana was 17.16 as of 2020. Its highest value over the past 19 years was 17.25 in 2001, while its lowest value was 17.08 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. 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
2001 17.25
2002 17.13
2004 17.13
2005 17.13
2006 17.13
2007 17.08
2008 17.08
2009 17.08
2010 17.08
2011 17.08
2012 17.12
2013 17.12
2014 17.12
2015 17.12
2016 17.12
2017 17.16
2018 17.16
2019 17.16
2020 17.16

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Botswana was 18.98 as of 2020. Its highest value over the past 19 years was 18.98 in 2020, while its lowest value was 18.74 in 2002.

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
2001 18.87
2002 18.74
2004 18.74
2005 18.74
2006 18.74
2007 18.75
2008 18.75
2009 18.75
2010 18.75
2011 18.75
2012 18.90
2013 18.90
2014 18.90
2015 18.90
2016 18.90
2017 18.98
2018 18.98
2019 18.98
2020 18.98

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Botswana was 25.82 as of 2020. Its highest value over the past 19 years was 25.82 in 2020, while its lowest value was 25.25 in 2002.

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 25.36
2002 25.25
2004 25.25
2005 25.25
2006 25.25
2007 25.51
2008 25.51
2009 25.51
2010 25.51
2011 25.51
2012 25.62
2013 25.62
2014 25.62
2015 25.62
2016 25.62
2017 25.82
2018 25.82
2019 25.82
2020 25.82

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs