Dominican Republic - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Dominican Republic was 33.04 as of 2020. Its highest value over the past 24 years was 33.10 in 2004, while its lowest value was 32.94 in 2005.

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
1996 33.10
1997 33.10
1998 33.10
1999 33.10
2000 33.10
2001 33.10
2002 33.10
2003 33.10
2004 33.10
2005 32.94
2006 32.94
2007 33.00
2008 33.00
2010 33.00
2011 33.00
2012 32.97
2013 32.97
2015 32.97
2016 32.97
2017 33.04
2018 33.04
2020 33.04

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Dominican Republic was 34.55 as of 2020. Its highest value over the past 24 years was 34.55 in 2020, while its lowest value was 34.27 in 2005.

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
1996 34.37
1997 34.35
1998 34.37
1999 34.37
2000 34.35
2001 34.37
2002 34.37
2003 34.37
2004 34.37
2005 34.27
2006 34.28
2007 34.36
2008 34.36
2010 34.36
2011 34.36
2012 34.51
2013 34.51
2015 34.51
2016 34.51
2017 34.55
2018 34.55
2020 34.55

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Dominican Republic was 38.89 as of 2020. Its highest value over the past 24 years was 38.91 in 2016, while its lowest value was 38.50 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
1996 38.66
1997 38.50
1998 38.66
1999 38.66
2000 38.50
2001 38.66
2002 38.66
2003 38.66
2004 38.66
2005 38.74
2006 38.74
2007 38.81
2008 38.81
2010 38.81
2011 38.81
2012 38.91
2013 38.91
2015 38.91
2016 38.91
2017 38.89
2018 38.89
2020 38.89

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs