Bound rate, simple mean, all products in Bangladesh

Bangladesh: Bound rate, simple mean, all products was 158.9% in 2022. ▬ Flat

Latest (2022)
158.9%
Change on year
unchanged
World rank
1st
of 157 countries
All-time high
158.9%
in 2019
All-time low
155.9%
in 1998
Years of data
22
1998–2022

Bound rate, simple mean, all products in Bangladesh, 1998–2022

0501001501998201020221998: 155.9 %1999: 155.9 %2000: 155.9 %2001: 155.9 %2002: 155.9 %2003: 156.7 %2004: 156.7 %2005: 156.7 %2006: 156.7 %2007: 156.7 %2008: 156.2 %2009: 156.2 %2010: 156.2 %2011: 156.2 %2012: 158.1 %2013: 158.1 %2015: 158.1 %2016: 158.1 %2019: 158.9 %2020: 158.9 %2021: 158.9 %2022: 158.9 %

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

Analysis

In 2022, bound rate, simple mean, all products in Bangladesh stood at 158.9%. That is the highest value across all 22 years on record.

The figure is up 0.5% over ten years.

Over the whole period, bound rate, simple mean, all products in Bangladesh peaked at 158.9% in 2019 and was at its lowest, 155.9%, in 1998.

Bangladesh ranks 1st of 157 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 155.9% 155.9% 155.9% 2
2000s 156.4% 155.9% 156.7% 10
2010s 157.7% 156.2% 158.9% 7
2020s 158.9% 158.9% 158.9% 3

Countries ranked near Bangladesh

  1. 2 Nigeria 121.3% compare
  2. 3 Tanzania 120.0% compare
  3. 4 Zambia 107.6% compare

See the full ranking of 158 places →

More private sector data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is bound rate, simple mean, all products in Bangladesh?
Bound rate, simple mean, all products in Bangladesh was 158.9% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Bangladesh?
The highest recorded value was 158.9% in 2019.
What is the lowest bound rate, simple mean, all products recorded in Bangladesh?
The lowest recorded value was 155.9% in 1998.
How does Bangladesh rank for bound rate, simple mean, all products?
Bangladesh ranks 1st out of 157 countries with data for 2022.
Is bound rate, simple mean, all products rising or falling in Bangladesh?
Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
Where does this Bangladesh 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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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.