Norway - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Norway was 3.40 as of 2020. Its highest value over the past 25 years was 4.56 in 2007, while its lowest value was 3.29 in 1995.

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
1995 3.29
1996 3.30
1997 3.30
1998 3.30
1999 3.30
2000 3.30
2001 3.30
2002 4.55
2003 4.55
2004 4.55
2005 4.55
2006 4.55
2007 4.56
2008 4.54
2009 4.54
2010 4.54
2011 4.55
2012 4.55
2013 4.54
2014 4.53
2015 3.38
2016 3.38
2017 3.40
2018 3.40
2019 3.40
2020 3.40

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Norway was 2.83 as of 2020. Its highest value over the past 25 years was 23.89 in 2012, while its lowest value was 2.81 in 2015.

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
1995 2.83
1996 2.85
1997 2.85
1998 2.85
1999 2.85
2000 2.85
2001 2.85
2002 23.51
2003 23.19
2004 22.66
2005 23.03
2006 23.01
2007 22.85
2008 21.87
2009 21.54
2010 21.43
2011 21.37
2012 23.89
2013 23.75
2014 23.56
2015 2.81
2016 2.81
2017 2.83
2018 2.83
2019 2.83
2020 2.83

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Norway was 0.56 as of 2020. Its highest value over the past 25 years was 88.45 in 2002, while its lowest value was 0.54 in 2015.

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
1995 0.66
1996 0.64
1997 0.64
1998 0.64
1999 0.64
2000 0.64
2001 0.64
2002 88.45
2003 87.01
2004 84.70
2005 86.32
2006 86.24
2007 84.26
2008 80.02
2009 78.61
2010 78.13
2011 77.85
2012 79.77
2013 79.22
2014 78.53
2015 0.54
2016 0.54
2017 0.56
2018 0.56
2019 0.56
2020 0.56

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs