Kuwait - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Kuwait was 97.73 as of 2020. Its highest value over the past 18 years was 97.73 in 2020, while its lowest value was 97.09 in 2003.

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
2002 97.36
2003 97.09
2004 97.09
2005 97.09
2006 97.09
2007 97.69
2008 97.69
2009 97.69
2010 97.69
2011 97.69
2012 97.65
2013 97.65
2014 97.65
2015 97.65
2016 97.65
2017 97.73
2018 97.73
2019 97.73
2020 97.73

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Kuwait was 98.32 as of 2020. Its highest value over the past 18 years was 98.32 in 2020, while its lowest value was 97.76 in 2003.

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
2002 97.97
2003 97.76
2004 97.76
2005 97.76
2006 97.76
2007 98.23
2008 98.23
2009 98.23
2010 98.23
2011 98.23
2012 98.26
2013 98.26
2014 98.26
2015 98.26
2016 98.26
2017 98.32
2018 98.32
2019 98.32
2020 98.32

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Kuwait was 100.00 as of 2020. Its highest value over the past 18 years was 100.00 in 2020, while its lowest value was 100.00 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
2002 100.00
2003 100.00
2004 100.00
2005 100.00
2006 100.00
2007 100.00
2008 100.00
2009 100.00
2010 100.00
2011 100.00
2012 100.00
2013 100.00
2014 100.00
2015 100.00
2016 100.00
2017 100.00
2018 100.00
2019 100.00
2020 100.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs