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

Bound rate, simple mean, all products (%) in Malaysia was 14.52 as of 2020. Its highest value over the past 24 years was 36.21 in 2002, while its lowest value was 14.51 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 14.51
1997 14.51
1998 14.51
1999 14.51
2000 14.51
2001 14.51
2002 36.21
2003 35.79
2004 33.75
2005 33.25
2006 33.04
2007 32.90
2008 33.26
2009 32.93
2010 32.83
2011 32.81
2012 32.63
2013 34.43
2014 14.55
2016 14.55
2020 14.52

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs