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

Bound rate, simple mean, primary products (%) in Malaysia was 11.83 as of 2020. Its highest value over the past 24 years was 109.74 in 2002, while its lowest value was 11.26 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. 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 11.26
1997 11.26
1998 11.26
1999 11.26
2000 11.26
2001 11.26
2002 109.74
2003 107.82
2004 98.21
2005 95.97
2006 95.01
2007 94.37
2008 95.53
2009 94.05
2010 93.60
2011 93.54
2012 92.70
2013 92.96
2014 11.89
2016 11.89
2020 11.83

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs