Jamaica - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Jamaica was 42.32 as of 2020. Its highest value over the past 24 years was 42.57 in 1996, while its lowest value was 42.28 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
1996 42.57
1999 42.51
2000 42.51
2001 42.51
2002 42.51
2003 42.51
2004 42.39
2006 42.39
2007 42.28
2010 42.28
2011 42.28
2012 42.28
2013 42.28
2015 42.28
2016 42.28
2020 42.32

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Jamaica was 50.58 as of 2020. Its highest value over the past 24 years was 50.58 in 2020, while its lowest value was 49.64 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 49.68
1999 49.68
2000 49.68
2001 49.68
2002 49.68
2003 49.68
2004 49.69
2006 49.69
2007 49.64
2010 49.64
2011 49.64
2012 49.64
2013 49.64
2015 50.44
2016 50.44
2020 50.58

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Jamaica was 73.93 as of 2020. Its highest value over the past 24 years was 74.36 in 2003, while its lowest value was 73.54 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
1996 73.92
1999 74.36
2000 74.36
2001 74.36
2002 74.36
2003 74.36
2004 74.20
2006 74.20
2007 73.86
2010 73.86
2011 73.86
2012 73.86
2013 73.86
2015 73.54
2016 73.54
2020 73.93

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs