Jamaica - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Jamaica was 42.32 as of 2020. Its highest value over the past 24 years was 42.57 in 1996, while its lowest value was 42.28 in 2007.

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 42.57
1999 42.51
2000 42.51
2001 42.51
2002 42.51
2003 42.51
2004 42.39
2006 42.39
2007 42.28
2010 42.28
2011 42.28
2012 42.28
2013 42.28
2015 42.28
2016 42.28
2020 42.32

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs