United Arab Emirates - Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in United Arab Emirates was 14.66 as of 2020. Its highest value over the past 17 years was 14.66 in 2020, while its lowest value was 14.31 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 14.31
2005 14.31
2006 14.31
2007 14.45
2008 14.45
2009 14.45
2011 14.45
2012 14.62
2013 14.62
2014 14.62
2015 14.62
2016 14.62
2017 14.66
2018 14.66
2019 14.66
2020 14.66

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs