Statizoid

Ecuador vs Thailand: Bound rate, simple mean, primary products

Ecuador
23.6%
in 2022
Thailand
25.3%
in 2021
Ecuador rank
91st
Thailand rank
89th

Bound rate, simple mean, primary products over time

  • Ecuador
  • Thailand
0102030199520082022

How they compare

Thailand currently reports 25.3% against 23.6% in Ecuador, a difference of 1.6%.

That makes Thailand's figure about 1.1 times Ecuador's.

Across all 15 years both countries report, Thailand has been ahead every year.

Globally, Ecuador ranks 91st and Thailand ranks 89th of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, primary products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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).