Guinea - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Guinea was 10.71 as of 2020. Its highest value over the past 22 years was 11.67 in 2004, while its lowest value was 10.71 in 2017.

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
1998 11.67
2004 11.67
2005 11.43
2008 11.43
2009 11.43
2010 11.43
2012 11.43
2017 10.71
2018 10.71
2019 10.71
2020 10.71

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Guinea was 20.90 as of 2020. Its highest value over the past 22 years was 20.90 in 2020, while its lowest value was 20.16 in 1998.

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
1998 20.16
2004 20.16
2005 20.29
2008 20.29
2009 20.29
2010 20.29
2012 20.29
2017 20.90
2018 20.90
2019 20.90
2020 20.90

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Guinea was 37.66 as of 2020. Its highest value over the past 22 years was 37.96 in 2012, while its lowest value was 37.66 in 1998.

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
1998 37.66
2004 37.66
2005 37.96
2008 37.96
2009 37.96
2010 37.96
2012 37.96
2017 37.66
2018 37.66
2019 37.66
2020 37.66

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs