Panama - Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Panama was 22.96 as of 2020. Its highest value over the past 23 years was 22.96 in 2020, while its lowest value was 22.78 in 2005.

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
1997 22.93
1998 22.83
1999 22.83
2000 22.83
2001 22.83
2002 22.83
2003 22.83
2004 22.80
2005 22.78
2006 22.80
2007 22.80
2008 22.90
2009 22.90
2010 22.90
2011 22.90
2012 22.91
2013 22.91
2015 22.91
2020 22.96

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs