Burkina Faso - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs