Bound rate, simple mean, all products in Ghana

Ghana: Bound rate, simple mean, all products was 92.8% in 2021. ▬ Flat

Latest (2021)
92.8%
Change on year
unchanged
World rank
10th
of 157 countries
All-time high
92.8%
in 2007
All-time low
92.2%
in 2000
Years of data
16
2000–2021

Bound rate, simple mean, all products in Ghana, 2000–2021

0204060801002000201020212000: 92.2 %2001: 92.3 %2002: 92.3 %2003: 92.3 %2004: 92.3 %2007: 92.8 %2008: 92.8 %2009: 92.8 %2010: 92.5 %2013: 92.5 %2016: 92.5 %2017: 92.5 %2018: 92.8 %2019: 92.8 %2020: 92.8 %2021: 92.8 %

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

Analysis

The most recent figure for bound rate, simple mean, all products in Ghana is 92.8%, measured in 2021.

Compared with earlier readings it is up 0.3% over ten years.

Over the whole period, bound rate, simple mean, all products in Ghana peaked at 92.8% in 2007 and was at its lowest, 92.2%, in 2000.

Ghana ranks 10th of 157 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 92.5% 92.2% 92.8% 8
2010s 92.6% 92.5% 92.8% 6
2020s 92.8% 92.8% 92.8% 2

Countries ranked near Ghana

  1. 7 Mozambique 97.7% compare
  2. 8 Democratic Republic of Congo 96.1% compare
  3. 9 Kenya 94.7% compare
  4. 11 Zimbabwe 89.6% compare
  5. 12 Rwanda 89.2% compare
  6. 13 Mauritius 85.9% compare

See the full ranking of 158 places →

More private sector data for Ghana

All data for Ghana →

Frequently asked questions

What is bound rate, simple mean, all products in Ghana?
Bound rate, simple mean, all products in Ghana was 92.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Ghana?
The highest recorded value was 92.8% in 2007.
What is the lowest bound rate, simple mean, all products recorded in Ghana?
The lowest recorded value was 92.2% in 2000.
How does Ghana rank for bound rate, simple mean, all products?
Ghana ranks 10th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Ghana?
Over the last ten years it is up 0.3%. The long-run trend across the full record is flat.
Where does this Ghana 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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CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.