Maldives - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Maldives was 35.51 as of 2020. Its highest value over the past 20 years was 35.74 in 2006, while its lowest value was 35.50 in 2012.

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
2000 35.73
2001 35.73
2002 35.73
2003 35.74
2004 35.74
2005 35.74
2006 35.74
2008 35.54
2009 35.54
2010 35.54
2011 35.54
2012 35.50
2013 35.50
2014 35.50
2015 35.50
2016 35.50
2017 35.51
2018 35.51
2019 35.51
2020 35.51

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Maldives was 36.57 as of 2020. Its highest value over the past 20 years was 36.75 in 2002, while its lowest value was 36.53 in 2012.

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
2000 36.75
2001 36.75
2002 36.75
2003 36.73
2004 36.73
2005 36.73
2006 36.73
2008 36.62
2009 36.62
2010 36.62
2011 36.62
2012 36.53
2013 36.53
2014 36.53
2015 36.53
2016 36.53
2017 36.57
2018 36.57
2019 36.57
2020 36.57

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Maldives was 40.11 as of 2020. Its highest value over the past 20 years was 40.56 in 2011, while its lowest value was 40.03 in 2012.

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
2000 40.42
2001 40.42
2002 40.42
2003 40.36
2004 40.36
2005 40.37
2006 40.36
2008 40.56
2009 40.56
2010 40.56
2011 40.56
2012 40.03
2013 40.03
2014 40.03
2015 40.03
2016 40.03
2017 40.11
2018 40.11
2019 40.11
2020 40.11

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs