Suriname - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Suriname was 16.73 as of 2020. Its highest value over the past 24 years was 16.83 in 2007, while its lowest value was 16.73 in 2009.

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
1996 16.82
1999 16.83
2000 16.83
2007 16.83
2009 16.73
2010 16.73
2011 16.79
2012 16.73
2013 16.73
2018 16.73
2019 16.73
2020 16.73

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Suriname was 18.16 as of 2020. Its highest value over the past 24 years was 18.16 in 2020, while its lowest value was 18.10 in 1996.

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
1996 18.10
1999 18.13
2000 18.13
2007 18.13
2009 18.16
2010 18.16
2011 18.13
2012 18.16
2013 18.16
2018 18.16
2019 18.16
2020 18.16

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Suriname was 19.76 as of 2020. Its highest value over the past 24 years was 19.76 in 2020, while its lowest value was 19.73 in 1996.

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
1996 19.73
1999 19.74
2000 19.74
2007 19.74
2009 19.76
2010 19.76
2011 19.74
2012 19.76
2013 19.76
2018 19.76
2019 19.76
2020 19.76

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs