Europe & Central Asia (developing only) - Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Europe & Central Asia (developing only) was at 11.81 %, according to the World Bank collection of development indicators, compiled from officially recognized sources.

 europe and central asia bound rate simple mean manufactured products percent wb data

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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.

Europe & Central Asia (developing only) | Private Sector