Oman - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Oman was 11.14 as of 2020. Its highest value over the past 19 years was 11.14 in 2020, while its lowest value was 11.05 in 2003.

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
2001 11.08
2002 11.08
2003 11.05
2004 11.05
2005 11.05
2006 11.05
2007 11.13
2008 11.13
2009 11.13
2012 11.11
2013 11.11
2014 11.11
2015 11.11
2016 11.11
2017 11.14
2018 11.14
2019 11.14
2020 11.14

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Oman was 14.07 as of 2020. Its highest value over the past 19 years was 14.07 in 2020, while its lowest value was 13.64 in 2003.

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
2001 13.69
2002 13.69
2003 13.64
2004 13.64
2005 13.64
2006 13.64
2007 13.76
2008 13.76
2009 13.76
2012 14.03
2013 14.03
2014 14.03
2015 14.03
2016 14.03
2017 14.07
2018 14.07
2019 14.07
2020 14.07

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Oman was 22.51 as of 2020. Its highest value over the past 19 years was 22.63 in 2002, while its lowest value was 22.41 in 2012.

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
2001 22.63
2002 22.63
2003 22.43
2004 22.43
2005 22.43
2006 22.43
2007 22.52
2008 22.52
2009 22.52
2012 22.41
2013 22.41
2014 22.41
2015 22.41
2016 22.41
2017 22.51
2018 22.51
2019 22.51
2020 22.51

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs