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

Bound rate, simple mean, all products (%) in Brunei was 24.28 as of 2020. Its highest value over the past 24 years was 26.54 in 2008, while its lowest value was 24.28 in 2017.

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 24.35
1997 24.35
1998 24.35
1999 24.35
2000 24.35
2001 24.35
2002 24.35
2003 24.35
2004 24.35
2005 24.35
2006 24.35
2007 26.53
2008 26.54
2009 26.47
2010 26.44
2011 26.43
2014 26.51
2016 24.31
2017 24.28
2018 24.28
2019 24.28
2020 24.28

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs