Thailand - Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Thailand was 25.27 as of 2015. Its highest value over the past 20 years was 28.17 in 2003, while its lowest value was 25.27 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 25.95
1999 25.83
2000 25.83
2001 25.83
2003 28.17
2004 28.06
2005 28.04
2006 28.03
2007 28.01
2008 27.91
2009 27.89
2010 27.89
2011 27.88
2013 27.51
2014 27.45
2015 25.27

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs