Morocco - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Morocco was 39.28 as of 2020. Its highest value over the past 23 years was 39.33 in 2014, while its lowest value was 39.28 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
1997 39.31
2000 39.31
2001 39.31
2002 39.33
2003 39.33
2005 39.33
2006 39.33
2007 39.33
2008 39.33
2009 39.33
2010 39.33
2011 39.33
2012 39.33
2014 39.33
2015 39.29
2016 39.29
2017 39.28
2019 39.28
2020 39.28

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Morocco was 41.33 as of 2020. Its highest value over the past 23 years was 41.33 in 2020, while its lowest value was 41.21 in 2002.

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
1997 41.26
2000 41.26
2001 41.26
2002 41.21
2003 41.21
2005 41.21
2006 41.21
2007 41.21
2008 41.21
2009 41.21
2010 41.21
2011 41.21
2012 41.21
2014 41.21
2015 41.30
2016 41.30
2017 41.33
2019 41.33
2020 41.33

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Morocco was 47.36 as of 2020. Its highest value over the past 23 years was 47.99 in 2001, while its lowest value was 47.20 in 2015.

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
1997 47.99
2000 47.99
2001 47.99
2002 47.68
2003 47.68
2005 47.68
2006 47.68
2007 47.68
2008 47.68
2009 47.68
2010 47.68
2011 47.68
2012 47.68
2014 47.68
2015 47.20
2016 47.20
2017 47.36
2019 47.36
2020 47.36

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs