Bound rate, simple mean, all products in Gambia
Gambia: Bound rate, simple mean, all products was 103.5% in 2021. ▲ Rising
Bound rate, simple mean, all products in Gambia, 2003–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Gambia recorded 103.5% for bound rate, simple mean, all products in 2021. That is the highest value across all 11 years on record.
The figure is up 1.5% over ten years.
Over the whole period, bound rate, simple mean, all products in Gambia peaked at 103.5% in 2018 and was at its lowest, 96.6%, in 2003.
Gambia ranks 5th of 157 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 96.6% | 96.6% | 96.6% | 4 |
| 2010s | 102.3% | 102.0% | 103.5% | 5 |
| 2020s | 103.5% | 103.5% | 103.5% | 2 |
Countries ranked near Gambia
More private sector data for Gambia
- Merchandise exports 514.00 million current US$ (2025)
- Manufactures exports 1.0% (2024)
- Food exports 90.7% (2024)
- Merchandise imports 894.00 million current US$ (2025)
- Manufactures imports 44.7% (2024)
- Food imports 22.0% (2024)
- Merchandise trade 54.3% (2025)
- Commercial service exports 484.54 million current US$ (2024)
- Transport services 66.7% (2024)
- Computer, communications and other services 6.5% (2024)
Frequently asked questions
- What is bound rate, simple mean, all products in Gambia?
- Bound rate, simple mean, all products in Gambia was 103.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Gambia?
- The highest recorded value was 103.5% in 2018.
- What is the lowest bound rate, simple mean, all products recorded in Gambia?
- The lowest recorded value was 96.6% in 2003.
- How does Gambia rank for bound rate, simple mean, all products?
- Gambia ranks 5th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Gambia?
- Over the last ten years it is up 1.5%. The long-run trend across the full record is rising.
- Where does this Gambia 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 — 11 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.