Burkina Faso - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Burkina Faso was 14.67 as of 2020. Its highest value over the past 19 years was 16.90 in 2002, while its lowest value was 14.64 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
2001 16.90
2002 16.90
2003 16.22
2004 16.22
2005 16.22
2006 16.22
2007 15.16
2008 15.16
2009 15.16
2010 15.16
2011 15.16
2012 15.16
2013 15.16
2014 15.16
2015 14.64
2016 14.64
2017 14.67
2018 14.67
2019 14.67
2020 14.67

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Burkina Faso was 44.31 as of 2020. Its highest value over the past 19 years was 44.31 in 2020, while its lowest value was 42.03 in 2001.

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
2001 42.03
2002 42.03
2003 42.28
2004 42.28
2005 42.28
2006 42.28
2007 42.22
2008 42.22
2009 42.22
2010 42.22
2011 42.22
2012 42.22
2013 42.22
2014 42.22
2015 44.03
2016 44.03
2017 44.31
2018 44.31
2019 44.31
2020 44.31

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Burkina Faso was 93.99 as of 2020. Its highest value over the past 19 years was 95.24 in 2002, while its lowest value was 93.99 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. 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
2001 95.24
2002 95.24
2003 94.91
2004 94.91
2005 94.91
2006 94.91
2007 94.75
2008 94.75
2009 94.75
2010 94.75
2011 94.75
2012 94.75
2013 94.75
2014 94.75
2015 94.00
2016 94.00
2017 93.99
2018 93.99
2019 93.99
2020 93.99

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs