Guinea - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs