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

Bound rate, simple mean, manufactured products (%) in Lesotho was 61.33 as of 2020. Its highest value over the past 19 years was 61.60 in 2001, while its lowest value was 61.27 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
2001 61.60
2004 61.44
2005 61.44
2006 61.44
2007 61.27
2008 61.27
2009 61.27
2010 61.27
2011 61.27
2012 61.31
2013 61.31
2014 61.31
2015 61.31
2016 61.31
2017 61.33
2018 61.33
2019 61.33
2020 61.33

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs