Congo - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Congo was 17.85 as of 2015. Its highest value over the past 18 years was 19.71 in 2002, while its lowest value was 17.85 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. 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
1997 19.71
2001 19.71
2002 19.71
2003 19.19
2004 19.19
2005 19.19
2006 19.19
2007 18.34
2008 18.34
2009 18.34
2010 18.34
2011 18.34
2013 17.85
2014 17.85
2015 17.85

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Congo was 27.45 as of 2015. Its highest value over the past 18 years was 27.45 in 2015, while its lowest value was 27.07 in 1997.

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
1997 27.07
2001 27.07
2002 27.07
2003 27.08
2004 27.08
2005 27.08
2006 27.08
2007 27.23
2008 27.23
2009 27.23
2010 27.23
2011 27.23
2013 27.45
2014 27.45
2015 27.45

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Congo was 30.00 as of 2015. Its highest value over the past 18 years was 30.00 in 2015, while its lowest value was 30.00 in 1997.

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
1997 30.00
2001 30.00
2002 30.00
2003 30.00
2004 30.00
2005 30.00
2006 30.00
2007 30.00
2008 30.00
2009 30.00
2010 30.00
2011 30.00
2013 30.00
2014 30.00
2015 30.00

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs