Bound rate, simple mean, all products in Montenegro
Montenegro: Bound rate, simple mean, all products was 5.3% in 2021. ▬ Flat
Bound rate, simple mean, all products in Montenegro, 2012–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, all products in Montenegro stood at 5.3%. That is the highest value across all 10 years on record.
Compared with earlier readings it is up 0.2% over ten years.
Over the whole period, bound rate, simple mean, all products in Montenegro peaked at 5.3% in 2017 and was at its lowest, 5.3%, in 2012.
That places Montenegro 123rd out of 157 countries with data for 2021, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.3% | 5.3% | 5.3% | 8 |
| 2020s | 5.3% | 5.3% | 5.3% | 2 |
Countries ranked near Montenegro
- 120 Moldova 6.8% compare
- 121 Kazakhstan 6.0% compare
- 122 Ukraine 5.8% compare
- 124 Canada 4.9% compare
- 125 Austria 4.4% compare
- 125 Belgium 4.4% compare
- 125 Bulgaria 4.4% compare
- 125 Croatia 4.4% compare
- 125 Cyprus 4.4% compare
- 125 Czechia 4.4% compare
- 125 Denmark 4.4% compare
- 125 Estonia 4.4% compare
- 125 Finland 4.4% compare
- 125 France 4.4% compare
- 125 Germany 4.4% compare
- 125 Greece 4.4% compare
- 125 Hungary 4.4% compare
- 125 Ireland 4.4% compare
- 125 Italy 4.4% compare
- 125 Latvia 4.4% compare
- 125 Lithuania 4.4% compare
- 125 Malta 4.4% compare
- 125 Netherlands 4.4% compare
- 125 Poland 4.4% compare
- 125 Portugal 4.4% compare
- 125 Romania 4.4% compare
- 125 Slovakia 4.4% compare
- 125 Slovenia 4.4% compare
- 125 Spain 4.4% compare
- 125 Sweden 4.4% compare
- 125 United Kingdom 4.4% compare
More private sector data for Montenegro
- Merchandise exports 646.00 million current US$ (2025)
- Manufactures exports 35.1% (2024)
- Food exports 16.8% (2024)
- Merchandise imports 5.06 billion current US$ (2025)
- Manufactures imports 63.7% (2024)
- Food imports 23.6% (2024)
- Merchandise trade 61.8% (2025)
- Commercial service exports 3.07 billion current US$ (2025)
- Transport services 51.7% (2025)
- Computer, communications and other services 38.2% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Montenegro?
- Bound rate, simple mean, all products in Montenegro was 5.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Montenegro?
- The highest recorded value was 5.3% in 2017.
- What is the lowest bound rate, simple mean, all products recorded in Montenegro?
- The lowest recorded value was 5.3% in 2012.
- How does Montenegro rank for bound rate, simple mean, all products?
- Montenegro ranks 123rd out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Montenegro?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this Montenegro 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.