Bound rate, simple mean, all products in Lesotho

Lesotho: Bound rate, simple mean, all products was 80.2% in 2021. ▬ Flat

Latest (2021)
80.2%
Change on year
unchanged
World rank
15th
of 157 countries
All-time high
80.2%
in 2017
All-time low
78.3%
in 2007
Years of data
19
2001–2021

Bound rate, simple mean, all products in Lesotho, 2001–2021

0204060802001201120212001: 78.5 %2004: 78.4 %2005: 78.4 %2006: 78.4 %2007: 78.3 %2008: 78.3 %2009: 78.3 %2010: 78.3 %2011: 78.3 %2012: 79.9 %2013: 79.9 %2014: 79.9 %2015: 79.9 %2016: 79.9 %2017: 80.2 %2018: 80.2 %2019: 80.2 %2020: 80.2 %2021: 80.2 %

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

Analysis

Lesotho recorded 80.2% for bound rate, simple mean, all products in 2021. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 2.4% over ten years.

Over the whole period, bound rate, simple mean, all products in Lesotho peaked at 80.2% in 2017 and was at its lowest, 78.3%, in 2007.

Lesotho ranks 15th of 157 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 78.4% 78.3% 78.5% 7
2010s 79.7% 78.3% 80.2% 10
2020s 80.2% 80.2% 80.2% 2

Countries ranked near Lesotho

  1. 12 Rwanda 89.2% compare
  2. 13 Mauritius 85.9% compare
  3. 14 Myanmar 84.3% compare
  4. 16 Togo 80.0% compare
  5. 17 Chad 79.9% compare
  6. 18 Cameroon 79.9% compare

See the full ranking of 158 places →

More private sector data for Lesotho

All data for Lesotho →

Frequently asked questions

What is bound rate, simple mean, all products in Lesotho?
Bound rate, simple mean, all products in Lesotho was 80.2% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Lesotho?
The highest recorded value was 80.2% in 2017.
What is the lowest bound rate, simple mean, all products recorded in Lesotho?
The lowest recorded value was 78.3% in 2007.
How does Lesotho rank for bound rate, simple mean, all products?
Lesotho ranks 15th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Lesotho?
Over the last ten years it is up 2.4%. The long-run trend across the full record is flat.
Where does this Lesotho 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.