Trinidad and Tobago - Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Trinidad and Tobago was 69.15 as of 2013. Its highest value over the past 17 years was 69.25 in 2011, while its lowest value was 68.49 in 1996.

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
1996 68.49
1999 69.12
2001 69.12
2002 69.12
2003 69.12
2004 69.25
2005 69.25
2006 69.25
2007 69.15
2008 69.15
2010 69.25
2011 69.25
2012 69.15
2013 69.15

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs