Brunei - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Brunei was 24.74 as of 2020. Its highest value over the past 24 years was 24.96 in 2008, while its lowest value was 24.74 in 2017.

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 24.93
1997 24.93
1998 24.93
1999 24.93
2000 24.93
2001 24.93
2002 24.93
2003 24.93
2004 24.93
2005 24.93
2006 24.93
2007 24.96
2008 24.96
2009 24.77
2010 24.77
2011 24.77
2014 24.78
2016 24.76
2017 24.74
2018 24.74
2019 24.74
2020 24.74

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Brunei was 24.28 as of 2020. Its highest value over the past 24 years was 26.54 in 2008, while its lowest value was 24.28 in 2017.

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 24.35
1997 24.35
1998 24.35
1999 24.35
2000 24.35
2001 24.35
2002 24.35
2003 24.35
2004 24.35
2005 24.35
2006 24.35
2007 26.53
2008 26.54
2009 26.47
2010 26.44
2011 26.43
2014 26.51
2016 24.31
2017 24.28
2018 24.28
2019 24.28
2020 24.28

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Brunei was 23.04 as of 2020. Its highest value over the past 24 years was 32.01 in 2009, while its lowest value was 22.41 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 22.41
1997 22.41
1998 22.41
1999 22.41
2000 22.41
2001 22.41
2002 22.41
2003 22.41
2004 22.47
2005 22.47
2006 22.47
2007 31.80
2008 31.86
2009 32.01
2010 31.90
2011 31.86
2014 31.44
2016 23.09
2017 23.04
2018 23.04
2019 23.04
2020 23.04

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs