Seychelles - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Seychelles was 14.93 as of 2020. Its highest value over the past 5 years was 14.93 in 2020, while its lowest value was 13.81 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. 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
2015 13.81
2016 13.81
2017 13.81
2018 14.93
2019 14.93
2020 14.93

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs