Tonga - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Tonga was 17.10 as of 2020. Its highest value over the past 11 years was 17.10 in 2020, while its lowest value was 17.09 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. 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
2009 17.10
2010 17.10
2011 17.10
2012 17.10
2013 17.10
2015 17.09
2016 17.09
2017 17.09
2020 17.10

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Tonga was 17.64 as of 2020. Its highest value over the past 11 years was 17.64 in 2020, while its lowest value was 17.56 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.

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

See also:

Year Value
2009 17.56
2010 17.56
2011 17.56
2012 17.56
2013 17.56
2015 17.63
2016 17.63
2017 17.63
2020 17.64

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Tonga was 19.17 as of 2020. Its highest value over the past 11 years was 19.17 in 2020, while its lowest value was 19.04 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. 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
2009 19.04
2010 19.04
2011 19.04
2012 19.04
2013 19.04
2015 19.15
2016 19.15
2017 19.15
2020 19.17

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs