Bound rate, simple mean, all products in Albania

Albania: Bound rate, simple mean, all products was 6.8% in 2021. ▬ Flat

Latest (2021)
6.8%
Change on year
unchanged
World rank
119th
of 157 countries
All-time high
6.9%
in 2009
All-time low
6.8%
in 2012
Years of data
22
2000–2021

Bound rate, simple mean, all products in Albania, 2000–2021

02462000201020212000: 6.8 %2001: 6.8 %2002: 6.8 %2003: 6.8 %2004: 6.8 %2005: 6.8 %2006: 6.8 %2007: 6.8 %2008: 6.8 %2009: 6.9 %2010: 6.9 %2011: 6.9 %2012: 6.8 %2013: 6.8 %2014: 6.8 %2015: 6.8 %2016: 6.8 %2017: 6.8 %2018: 6.8 %2019: 6.8 %2020: 6.8 %2021: 6.8 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

In 2021, bound rate, simple mean, all products in Albania stood at 6.8%.

Compared with earlier readings it is down 1.0% over ten years.

Over the whole period, bound rate, simple mean, all products in Albania peaked at 6.9% in 2009 and was at its lowest, 6.8%, in 2012.

Albania ranks 119th of 157 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.8% 6.8% 6.9% 10
2010s 6.8% 6.8% 6.9% 10
2020s 6.8% 6.8% 6.8% 2

Countries ranked near Albania

  1. 116 Georgia 7.1% compare
  2. 117 Singapore 6.9% compare
  3. 118 North Macedonia 6.9% compare
  4. 120 Moldova 6.8% compare
  5. 121 Kazakhstan 6.0% compare
  6. 122 Ukraine 5.8% compare

See the full ranking of 158 places →

More private sector data for Albania

All data for Albania →

Frequently asked questions

What is bound rate, simple mean, all products in Albania?
Bound rate, simple mean, all products in Albania was 6.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Albania?
The highest recorded value was 6.9% in 2009.
What is the lowest bound rate, simple mean, all products recorded in Albania?
The lowest recorded value was 6.8% in 2012.
How does Albania rank for bound rate, simple mean, all products?
Albania ranks 119th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Albania?
Over the last ten years it is down 1.0%. The long-run trend across the full record is flat.
Where does this Albania data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Bound rate, simple mean, all 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.