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

Bound rate, simple mean, primary products (%) in Sri Lanka was 47.65 as of 2020. Its highest value over the past 23 years was 47.88 in 2014, while its lowest value was 47.10 in 1997.

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
1997 47.10
1998 47.18
2000 47.18
2001 47.18
2003 47.54
2004 47.43
2005 47.31
2006 47.30
2007 47.41
2008 47.41
2009 47.41
2010 47.41
2011 47.41
2012 47.88
2014 47.88
2015 47.63
2017 47.63
2018 47.65
2019 47.65
2020 47.65

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs