Guinea Bissau - Bound Rate, Simple Mean, All Products

Bound rate, simple mean, all products (%) in Guinea Bissau was reported at 48.52 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Guinea Bissau - Bound rate, simple mean, all products - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.



Guinea Bissau - Bound Rate, Simple Mean, All Products
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.

Guinea Bissau | World Bank Development Indicators