Colombia - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Colombia was 65.82 as of 2020. Its highest value over the past 25 years was 66.99 in 2001, while its lowest value was 65.43 in 2013.

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
1995 66.50
1996 66.99
1997 66.99
1998 66.99
1999 66.99
2000 66.99
2001 66.99
2002 66.50
2003 66.50
2004 66.50
2005 66.50
2006 66.50
2007 66.50
2008 65.93
2009 65.93
2010 65.93
2011 65.93
2012 65.93
2013 65.43
2014 65.43
2015 65.43
2016 65.43
2017 65.82
2018 65.82
2019 65.82
2020 65.82

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs