Turkey - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs