Barbados BB: Bound Rate: Simple Mean: Primary Products

Barbados BB: Bound Rate: Simple Mean: Primary Products data was reported at 97.170 % in 2021. This records a decrease from the previous number of 97.190 % for 2020. Barbados BB: Bound Rate: Simple Mean: Primary Products data is updated yearly, averaging 95.850 % from Dec 1996 (Median) to 2021, with 15 observations. The data reached an all-time high of 97.190 % in 2020 and a record low of 95.250 % in 1996. Barbados BB: Bound Rate: Simple Mean: Primary Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Barbados – Table BB.World Bank.WDI: Trade Tariffs. 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).;World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.;;

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