Bound rate, simple mean, all products in Cape Verde
Cape Verde: Bound rate, simple mean, all products was 15.9% in 2022. ▬ Flat
Bound rate, simple mean, all products in Cape Verde, 2008–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, all products in Cape Verde stood at 15.9%.
Compared with earlier readings it is up 1.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Cape Verde peaked at 16.0% in 2013 and was at its lowest, 15.7%, in 2008.
That places Cape Verde 99th out of 157 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.7% | 15.7% | 15.7% | 2 |
| 2010s | 15.9% | 15.7% | 16.0% | 6 |
| 2020s | 15.9% | 15.9% | 15.9% | 3 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise exports 96.00 million current US$ (2025)
- Manufactures exports 13.6% (2024)
- Food exports 86.4% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Manufactures imports 50.8% (2024)
- Food imports 32.6% (2024)
- Merchandise trade 70.0% (2025)
- Commercial service exports 916.28 million current US$ (2025)
- Transport services 31.7% (2025)
- Computer, communications and other services 34.6% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Cape Verde?
- Bound rate, simple mean, all products in Cape Verde was 15.9% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Cape Verde?
- The highest recorded value was 16.0% in 2013.
- What is the lowest bound rate, simple mean, all products recorded in Cape Verde?
- The lowest recorded value was 15.7% in 2008.
- How does Cape Verde rank for bound rate, simple mean, all products?
- Cape Verde ranks 99th out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Cape Verde?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is flat.
- Where does this Cape Verde 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
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.