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

Bound rate, simple mean, primary products (%) in Zambia was 120.44 as of 2020. Its highest value over the past 23 years was 120.56 in 2006, while its lowest value was 120.44 in 2018.

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
1997 120.52
2001 120.52
2002 120.52
2003 120.52
2004 120.56
2005 120.56
2006 120.56
2007 120.55
2008 120.55
2009 120.55
2010 120.55
2011 120.55
2012 120.45
2013 120.45
2015 120.45
2016 120.45
2018 120.44
2020 120.44

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs