Nepal - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Nepal was 24.12 as of 2020. Its highest value over the past 16 years was 24.14 in 2012, while its lowest value was 24.07 in 2004.

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
2004 24.07
2005 24.07
2006 24.07
2007 24.14
2008 24.14
2009 24.14
2010 24.14
2011 24.14
2012 24.14
2013 24.12
2014 24.12
2015 24.12
2016 24.12
2018 24.12
2019 24.12
2020 24.12

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Nepal was 26.33 as of 2020. Its highest value over the past 16 years was 26.33 in 2020, while its lowest value was 25.94 in 2004.

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
2004 25.94
2005 25.94
2006 25.94
2007 26.00
2008 26.00
2009 26.00
2010 26.00
2011 26.00
2012 26.00
2013 26.26
2014 26.26
2015 26.26
2016 26.26
2018 26.33
2019 26.33
2020 26.33

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Nepal was 32.88 as of 2020. Its highest value over the past 16 years was 32.88 in 2020, while its lowest value was 32.32 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. 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
2004 32.41
2005 32.41
2006 32.41
2007 32.32
2008 32.32
2009 32.32
2010 32.32
2011 32.32
2012 32.32
2013 32.62
2014 32.62
2015 32.62
2016 32.62
2018 32.88
2019 32.88
2020 32.88

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs