Ecuador - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Ecuador was 21.24 as of 2020. Its highest value over the past 24 years was 21.24 in 2020, while its lowest value was 21.17 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. 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
1996 21.18
1997 21.18
1998 21.18
1999 21.18
2000 21.18
2001 21.18
2002 21.17
2003 21.17
2004 21.17
2005 21.17
2006 21.17
2007 21.17
2008 21.23
2009 21.23
2010 21.23
2011 21.23
2012 21.23
2014 21.21
2015 21.21
2016 21.21
2017 21.21
2018 21.24
2019 21.24
2020 21.24

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Ecuador was 21.85 as of 2020. Its highest value over the past 24 years was 21.85 in 2020, while its lowest value was 21.63 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 21.63
1997 21.63
1998 21.63
1999 21.63
2000 21.63
2001 21.63
2002 21.63
2003 21.63
2004 21.63
2005 21.63
2006 21.63
2007 21.63
2008 21.70
2009 21.70
2010 21.70
2011 21.70
2012 21.70
2014 21.84
2015 21.84
2016 21.84
2017 21.84
2018 21.85
2019 21.85
2020 21.85

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Ecuador was 23.65 as of 2020. Its highest value over the past 24 years was 23.66 in 2017, while its lowest value was 23.13 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
1996 23.14
1997 23.14
1998 23.14
1999 23.14
2000 23.14
2001 23.14
2002 23.13
2003 23.13
2004 23.13
2005 23.13
2006 23.13
2007 23.13
2008 23.20
2009 23.20
2010 23.20
2011 23.20
2012 23.20
2014 23.66
2015 23.66
2016 23.66
2017 23.66
2018 23.65
2019 23.65
2020 23.65

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs