Cuba - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Cuba was 11.08 as of 2020. Its highest value over the past 24 years was 11.39 in 2008, while its lowest value was 10.99 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
1996 11.16
1997 11.16
1998 11.16
1999 11.16
2000 11.16
2001 11.16
2002 11.16
2003 11.39
2004 11.39
2005 11.39
2006 11.39
2007 11.39
2008 11.39
2009 11.31
2010 11.31
2011 11.31
2012 11.31
2013 11.31
2015 10.99
2016 10.99
2017 10.99
2019 11.08
2020 11.08

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Cuba was 21.77 as of 2020. Its highest value over the past 24 years was 21.77 in 2020, while its lowest value was 19.77 in 1996.

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
1996 19.77
1997 19.77
1998 19.77
1999 19.77
2000 19.77
2001 19.77
2002 19.77
2003 20.37
2004 20.37
2005 20.37
2006 20.37
2007 20.37
2008 20.37
2009 20.91
2010 20.91
2011 20.91
2012 20.91
2013 20.91
2015 21.62
2016 21.62
2017 21.62
2019 21.77
2020 21.77

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Cuba was 33.89 as of 2020. Its highest value over the past 24 years was 33.89 in 2020, while its lowest value was 33.09 in 1996.

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
1996 33.09
1997 33.09
1998 33.09
1999 33.09
2000 33.09
2001 33.09
2002 33.09
2003 33.41
2004 33.41
2005 33.41
2006 33.41
2007 33.41
2008 33.41
2009 33.68
2010 33.68
2011 33.68
2012 33.68
2013 33.68
2015 33.79
2016 33.79
2017 33.79
2019 33.89
2020 33.89

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs