Bound rate, simple mean, all products in Canada
Canada: Bound rate, simple mean, all products was 4.9% in 2021. ▬ Flat
Bound rate, simple mean, all products in Canada, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, all products in Canada stood at 4.9%.
The figure is down 19.2% over ten years.
Over the whole period, bound rate, simple mean, all products in Canada peaked at 6.1% in 2007 and was at its lowest, 4.9%, in 2015.
That places Canada 124th out of 157 countries with data for 2021, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.0% | 5.0% | 5.0% | 5 |
| 2000s | 5.3% | 5.0% | 6.1% | 10 |
| 2010s | 5.5% | 4.9% | 6.1% | 10 |
| 2020s | 4.9% | 4.9% | 4.9% | 2 |
Countries ranked near Canada
- 121 Kazakhstan 6.0% compare
- 122 Ukraine 5.8% compare
- 123 Montenegro 5.3% compare
- 125 Austria 4.4% compare
- 125 Belgium 4.4% compare
- 125 Bulgaria 4.4% compare
- 125 Croatia 4.4% compare
- 125 Cyprus 4.4% compare
- 125 Czechia 4.4% compare
- 125 Denmark 4.4% compare
- 125 Estonia 4.4% compare
- 125 Finland 4.4% compare
- 125 France 4.4% compare
- 125 Germany 4.4% compare
- 125 Greece 4.4% compare
- 125 Hungary 4.4% compare
- 125 Ireland 4.4% compare
- 125 Italy 4.4% compare
- 125 Latvia 4.4% compare
- 125 Lithuania 4.4% compare
- 125 Malta 4.4% compare
- 125 Netherlands 4.4% compare
- 125 Poland 4.4% compare
- 125 Portugal 4.4% compare
- 125 Romania 4.4% compare
- 125 Slovakia 4.4% compare
- 125 Slovenia 4.4% compare
- 125 Spain 4.4% compare
- 125 Sweden 4.4% compare
- 125 United Kingdom 4.4% compare
More private sector data for Canada
- Merchandise exports 554.68 billion current US$ (2025)
- Manufactures exports 42.3% (2024)
- Food exports 13.5% (2024)
- Merchandise imports 577.44 billion current US$ (2025)
- Manufactures imports 75.5% (2024)
- Food imports 9.2% (2024)
- Merchandise trade 48.8% (2025)
- Commercial service exports 170.72 billion current US$ (2025)
- Transport services 16.9% (2025)
- Computer, communications and other services 48.6% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Canada?
- Bound rate, simple mean, all products in Canada was 4.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Canada?
- The highest recorded value was 6.1% in 2007.
- What is the lowest bound rate, simple mean, all products recorded in Canada?
- The lowest recorded value was 4.9% in 2015.
- How does Canada rank for bound rate, simple mean, all products?
- Canada ranks 124th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Canada?
- Over the last ten years it is down 19.2%. The long-run trend across the full record is flat.
- Where does this Canada 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.
Download this data
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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.