Oman - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs