Belize - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Belize was 51.94 as of 2020. Its highest value over the past 24 years was 52.09 in 1996, while its lowest value was 51.91 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. 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 52.09
1999 52.08
2001 52.08
2002 52.08
2003 52.08
2006 52.01
2007 52.01
2008 52.01
2009 51.91
2010 51.91
2011 51.91
2012 51.91
2013 51.94
2014 51.94
2015 51.94
2016 51.94
2017 51.94
2018 51.94
2019 51.94
2020 51.94

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs