Sierra Leone - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Sierra Leone was 48.20 as of 2020. Its highest value over the past 16 years was 48.20 in 2020, while its lowest value was 48.15 in 2004.

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
2004 48.15
2006 48.15
2010 48.19
2011 48.19
2012 48.19
2020 48.20

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Sierra Leone was 47.33 as of 2020. Its highest value over the past 16 years was 47.41 in 2012, while its lowest value was 47.33 in 2020.

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
2004 47.36
2006 47.36
2010 47.41
2011 47.41
2012 47.41
2020 47.33

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Sierra Leone was 44.84 as of 2020. Its highest value over the past 16 years was 44.84 in 2020, while its lowest value was 44.70 in 2004.

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
2004 44.70
2006 44.70
2010 44.79
2011 44.79
2012 44.79
2020 44.84

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs