Bound rate, simple mean, all products in Jamaica
Jamaica: Bound rate, simple mean, all products was 50.6% in 2021. ▬ Flat
Bound rate, simple mean, all products in Jamaica, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Jamaica is 50.6%, measured in 2021. That is the highest value across all 17 years on record.
That represents a change of up 1.9% over ten years.
Over the whole period, bound rate, simple mean, all products in Jamaica peaked at 50.6% in 2020 and was at its lowest, 49.6%, in 2007.
Jamaica ranks 37th of 157 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 49.7% | 49.7% | 49.7% | 2 |
| 2000s | 49.7% | 49.6% | 49.7% | 7 |
| 2010s | 49.9% | 49.6% | 50.4% | 6 |
| 2020s | 50.6% | 50.6% | 50.6% | 2 |
Countries ranked near Jamaica
- 34 Grenada 56.6% compare
- 35 Trinidad and Tobago 56.0% compare
- 36 India 52.0% compare
- 38 Guinea-Bissau 48.5% compare
- 39 Sierra Leone 47.3% compare
- 40 Niger 45.2% compare
More private sector data for Jamaica
- Merchandise exports 1.69 billion current US$ (2025)
- Manufactures exports 3.0% (2023)
- Food exports 30.4% (2023)
- Merchandise imports 7.68 billion current US$ (2025)
- Manufactures imports 51.4% (2023)
- Food imports 20.5% (2023)
- Merchandise trade 41.3% (2025)
- Commercial service exports 5.22 billion current US$ (2024)
- Transport services 47.1% (2024)
- Computer, communications and other services 37.8% (2024)
Frequently asked questions
- What is bound rate, simple mean, all products in Jamaica?
- Bound rate, simple mean, all products in Jamaica was 50.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Jamaica?
- The highest recorded value was 50.6% in 2020.
- What is the lowest bound rate, simple mean, all products recorded in Jamaica?
- The lowest recorded value was 49.6% in 2007.
- How does Jamaica rank for bound rate, simple mean, all products?
- Jamaica ranks 37th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Jamaica?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is flat.
- Where does this Jamaica 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
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.