Malaysia - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Malaysia was 15.41 as of 2020. Its highest value over the past 24 years was 15.48 in 2008, while its lowest value was 15.38 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. 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 15.38
1997 15.38
1998 15.38
1999 15.38
2000 15.38
2001 15.38
2002 15.43
2003 15.42
2004 15.43
2005 15.43
2006 15.43
2007 15.43
2008 15.48
2009 15.47
2010 15.47
2011 15.47
2012 15.47
2013 15.43
2014 15.41
2016 15.41
2020 15.41

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs