Bound rate, simple mean, all products in Dominica

Dominica: Bound rate, simple mean, all products was 59.8% in 2020. ▬ Flat

Latest (2020)
59.8%
Change on year
up 1.8%
World rank
28th
of 157 countries
All-time high
59.8%
in 2020
All-time low
58.7%
in 1996
Years of data
18
1996–2020

Bound rate, simple mean, all products in Dominica, 1996–2020

02040601996200820201996: 58.7 %1997: 58.7 %1998: 58.7 %1999: 58.7 %2000: 58.7 %2001: 58.7 %2002: 58.7 %2003: 58.7 %2006: 58.7 %2007: 58.7 %2010: 58.7 %2011: 58.7 %2012: 58.7 %2013: 58.7 %2015: 58.7 %2016: 58.7 %2017: 58.7 %2020: 59.8 %

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

Analysis

Dominica recorded 59.8% for bound rate, simple mean, all products in 2020. That is the highest value across all 18 years on record.

Compared with earlier readings it is up 1.8% on the previous year and up 1.8% over ten years.

Over the whole period, bound rate, simple mean, all products in Dominica peaked at 59.8% in 2020 and was at its lowest, 58.7%, in 1996.

Dominica ranks 28th of 157 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 58.7% 58.7% 58.7% 4
2000s 58.7% 58.7% 58.7% 6
2010s 58.7% 58.7% 58.7% 7
2020s 59.8% 59.8% 59.8% 1

Countries ranked near Dominica

  1. 25 Saint Lucia 64.5% compare
  2. 26 Saint Vincent and the Grenadines 63.0% compare
  3. 27 Pakistan 60.9% compare
  4. 29 Belize 59.3% compare
  5. 30 Angola 59.1% compare
  6. 31 Tunisia 58.9% compare

See the full ranking of 158 places →

More private sector data for Dominica

All data for Dominica →

Frequently asked questions

What is bound rate, simple mean, all products in Dominica?
Bound rate, simple mean, all products in Dominica was 59.8% in 2020, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Dominica?
The highest recorded value was 59.8% in 2020.
What is the lowest bound rate, simple mean, all products recorded in Dominica?
The lowest recorded value was 58.7% in 1996.
How does Dominica rank for bound rate, simple mean, all products?
Dominica ranks 28th out of 157 countries with data for 2020.
Is bound rate, simple mean, all products rising or falling in Dominica?
Over the last ten years it is up 1.8%. The long-run trend across the full record is flat.
Where does this Dominica 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.