Statizoid

Lesotho vs Nigeria: Bound rate, simple mean, primary products

Lesotho
133.6%
in 2021
Nigeria
146.8%
in 2021
Lesotho rank
3rd
Nigeria rank
2nd

Bound rate, simple mean, primary products over time

  • Lesotho
  • Nigeria
050100150199520082021

How they compare

Nigeria currently reports 146.8% against 133.6% in Lesotho, a difference of 13.2%.

That makes Nigeria's figure about 1.1 times Lesotho's.

Across all 13 years both countries report, Nigeria has been ahead every year.

Globally, Lesotho ranks 3rd and Nigeria ranks 2nd 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).