Papua New Guinea - Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Papua New Guinea was 32.46 as of 2020. Its highest value over the past 23 years was 33.82 in 2013, while its lowest value was 31.62 in 2000.

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 31.79
1999 31.79
2000 31.62
2001 31.62
2002 31.62
2003 31.62
2004 31.62
2005 31.62
2006 31.62
2007 32.57
2008 32.92
2009 32.91
2010 33.14
2012 33.72
2013 33.82
2018 32.46
2019 32.46
2020 32.46

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs