Dem. Rep. Congo - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Dem. Rep. Congo was 95.49 as of 2020. Its highest value over the past 17 years was 95.65 in 2009, while its lowest value was 95.40 in 2010.

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
2003 95.65
2006 95.65
2007 95.65
2008 95.65
2009 95.65
2010 95.40
2014 95.49
2019 95.49
2020 95.49

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Dem. Rep. Congo was 96.10 as of 2020. Its highest value over the past 17 years was 96.26 in 2009, while its lowest value was 96.07 in 2010.

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
2003 96.26
2006 96.26
2007 96.26
2008 96.26
2009 96.26
2010 96.07
2014 96.10
2019 96.10
2020 96.10

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Dem. Rep. Congo was 97.79 as of 2020. Its highest value over the past 17 years was 98.25 in 2009, while its lowest value was 97.79 in 2014.

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
2003 98.25
2006 98.25
2007 98.25
2008 98.25
2009 98.25
2010 98.21
2014 97.79
2019 97.79
2020 97.79

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs