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

Bound rate, simple mean, all products (%) in Lesotho was 80.19 as of 2020. Its highest value over the past 19 years was 80.19 in 2020, while its lowest value was 78.30 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
2001 78.48
2004 78.43
2005 78.43
2006 78.43
2007 78.30
2008 78.30
2009 78.30
2010 78.30
2011 78.30
2012 79.91
2013 79.91
2014 79.91
2015 79.91
2016 79.91
2017 80.19
2018 80.19
2019 80.19
2020 80.19

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs