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

Bound rate, simple mean, all products (%) in Colombia was 42.84 as of 2020. Its highest value over the past 25 years was 42.84 in 2020, while its lowest value was 41.85 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
1995 41.94
1996 41.89
1997 41.89
1998 41.89
1999 41.89
2000 41.89
2001 41.89
2002 41.85
2003 41.85
2004 41.85
2005 41.85
2006 41.85
2007 41.85
2008 42.00
2009 42.00
2010 42.00
2011 42.00
2012 42.00
2013 42.71
2014 42.71
2015 42.71
2016 42.71
2017 42.84
2018 42.84
2019 42.84
2020 42.84

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs