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

Bound rate, simple mean, manufactured products (%) in Morocco was 39.28 as of 2020. Its highest value over the past 23 years was 39.33 in 2014, while its lowest value was 39.28 in 2017.

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
1997 39.31
2000 39.31
2001 39.31
2002 39.33
2003 39.33
2005 39.33
2006 39.33
2007 39.33
2008 39.33
2009 39.33
2010 39.33
2011 39.33
2012 39.33
2014 39.33
2015 39.29
2016 39.29
2017 39.28
2019 39.28
2020 39.28

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs