Brunei - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs