Bound rate, simple mean, all products in Ecuador
Ecuador: Bound rate, simple mean, all products was 21.9% in 2022. ▬ Flat
Bound rate, simple mean, all products in Ecuador, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Ecuador is 21.9%, measured in 2022. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 0.7% over ten years.
Over the whole period, bound rate, simple mean, all products in Ecuador peaked at 21.9% in 2018 and was at its lowest, 21.6%, in 1996.
Ecuador ranks 82nd of 157 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 21.6% | 21.6% | 21.6% | 4 |
| 2000s | 21.6% | 21.6% | 21.7% | 10 |
| 2010s | 21.8% | 21.7% | 21.9% | 9 |
| 2020s | 21.9% | 21.9% | 21.9% | 3 |
Countries ranked near Ecuador
More private sector data for Ecuador
- Merchandise exports 37.15 billion current US$ (2025)
- Manufactures exports 4.9% (2024)
- Food exports 53.7% (2024)
- Merchandise imports 32.65 billion current US$ (2025)
- Manufactures imports 59.2% (2024)
- Food imports 12.2% (2024)
- Merchandise trade 53.6% (2025)
- Commercial service exports 4.02 billion current US$ (2025)
- Transport services 35.5% (2025)
- Computer, communications and other services 27.1% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Ecuador?
- Bound rate, simple mean, all products in Ecuador was 21.9% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Ecuador?
- The highest recorded value was 21.9% in 2018.
- What is the lowest bound rate, simple mean, all products recorded in Ecuador?
- The lowest recorded value was 21.6% in 1996.
- How does Ecuador rank for bound rate, simple mean, all products?
- Ecuador ranks 82nd out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Ecuador?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
- Where does this Ecuador 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
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.