The Gambia - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in The Gambia was 68.31 as of 2020. Its highest value over the past 17 years was 68.31 in 2020, while its lowest value was 52.83 in 2003.

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
2003 52.83
2007 52.83
2008 52.83
2009 52.83
2010 64.33
2011 64.33
2012 64.33
2013 64.33
2018 68.31
2020 68.31

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in The Gambia was 103.47 as of 2020. Its highest value over the past 17 years was 103.47 in 2020, while its lowest value was 96.58 in 2003.

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
2003 96.58
2007 96.58
2008 96.58
2009 96.58
2010 101.96
2011 101.96
2012 101.96
2013 101.96
2018 103.47
2020 103.47

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in The Gambia was 106.32 as of 2020. Its highest value over the past 17 years was 106.32 in 2020, while its lowest value was 104.65 in 2003.

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
2003 104.65
2007 104.65
2008 104.65
2009 104.65
2010 105.89
2011 105.89
2012 105.89
2013 105.89
2018 106.32
2020 106.32

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs