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

Bound rate, simple mean, all products (%) in Turkey was 30.14 as of 2020. Its highest value over the past 25 years was 30.14 in 2020, while its lowest value was 28.01 in 1995.

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 28.01
1996 28.20
1997 28.20
1998 28.20
1999 28.20
2000 28.20
2001 28.20
2002 28.50
2003 28.50
2004 28.54
2005 28.68
2006 28.64
2007 28.72
2008 28.67
2009 28.74
2010 29.01
2011 28.86
2013 30.13
2015 30.10
2016 30.10
2017 30.14
2018 30.14
2019 30.14
2020 30.14

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs