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

Bound rate, simple mean, primary products (%) in Thailand was 25.00 as of 2015. Its highest value over the past 20 years was 33.06 in 2003, while its lowest value was 25.00 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. 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
1995 27.12
1999 27.09
2000 27.09
2001 27.09
2003 33.06
2004 32.70
2005 32.66
2006 32.62
2007 32.37
2008 31.90
2009 31.82
2010 31.81
2011 31.87
2013 30.15
2014 29.97
2015 25.00

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs