Sri Lanka - Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Sri Lanka was 31.71 as of 2020. Its highest value over the past 23 years was 31.99 in 2014, while its lowest value was 29.27 in 1998.

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 29.31
1998 29.27
2000 29.27
2001 29.27
2003 30.27
2004 30.20
2005 30.15
2006 30.15
2007 30.30
2008 30.30
2009 30.30
2010 30.30
2011 30.29
2012 31.99
2014 31.99
2015 31.72
2017 31.72
2018 31.71
2019 31.71
2020 31.71

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs