Statizoid

Laos vs Oman: Bound rate, simple mean, primary products

Laos
21.1%
in 2022
Oman
22.5%
in 2021
Laos rank
96th
Oman rank
94th

Bound rate, simple mean, primary products over time

  • Laos
  • Oman
0510152025200120112022

How they compare

Oman currently reports 22.5% against 21.1% in Laos, a difference of 1.5%.

That makes Oman's figure about 1.1 times Laos's.

Across all 8 years both countries report, Oman has been ahead every year.

Globally, Laos ranks 96th and Oman ranks 94th 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).