Turkey - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Turkey was 17.08 as of 2020. Its highest value over the past 25 years was 17.84 in 2010, while its lowest value was 17.08 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
1995 17.47
1996 17.39
1997 17.39
1998 17.39
1999 17.39
2000 17.39
2001 17.39
2002 17.32
2003 17.32
2004 17.33
2005 17.55
2006 17.51
2007 17.42
2008 17.37
2009 17.45
2010 17.84
2011 17.63
2013 17.25
2015 17.16
2016 17.16
2017 17.08
2018 17.08
2019 17.08
2020 17.08

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Turkey was 30.14 as of 2020. Its highest value over the past 25 years was 30.14 in 2020, while its lowest value was 28.01 in 1995.

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
1995 28.01
1996 28.20
1997 28.20
1998 28.20
1999 28.20
2000 28.20
2001 28.20
2002 28.50
2003 28.50
2004 28.54
2005 28.68
2006 28.64
2007 28.72
2008 28.67
2009 28.74
2010 29.01
2011 28.86
2013 30.13
2015 30.10
2016 30.10
2017 30.14
2018 30.14
2019 30.14
2020 30.14

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Turkey was 57.61 as of 2020. Its highest value over the past 25 years was 57.61 in 2020, while its lowest value was 53.39 in 1995.

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
1995 53.39
1996 54.51
1997 54.51
1998 54.51
1999 54.51
2000 54.51
2001 54.51
2002 55.60
2003 55.60
2004 55.67
2005 55.62
2006 55.61
2007 56.52
2008 56.51
2009 56.51
2010 56.51
2011 56.51
2013 57.46
2015 57.58
2016 57.58
2017 57.61
2018 57.61
2019 57.61
2020 57.61

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs