The Gambia - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in The Gambia was 106.32 as of 2020. Its highest value over the past 17 years was 106.32 in 2020, while its lowest value was 104.65 in 2003.

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
2003 104.65
2007 104.65
2008 104.65
2009 104.65
2010 105.89
2011 105.89
2012 105.89
2013 105.89
2018 106.32
2020 106.32

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs