Bound rate, simple mean, all products in Namibia

Namibia: Bound rate, simple mean, all products was 19.4% in 2021. ▬ Flat

Latest (2021)
19.4%
Change on year
unchanged
World rank
88th
of 157 countries
All-time high
19.4%
in 2017
All-time low
19.1%
in 2002
Years of data
20
2001–2021

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

051015202001201120212001: 19.2 %2002: 19.1 %2004: 19.1 %2005: 19.1 %2006: 19.1 %2007: 19.1 %2008: 19.1 %2009: 19.1 %2010: 19.1 %2011: 19.1 %2012: 19.3 %2013: 19.3 %2014: 19.3 %2015: 19.3 %2016: 19.3 %2017: 19.4 %2018: 19.4 %2019: 19.4 %2020: 19.4 %2021: 19.4 %

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

Analysis

In 2021, bound rate, simple mean, all products in Namibia stood at 19.4%. That is the highest value across all 20 years on record.

The figure is up 1.4% over ten years.

Over the whole period, bound rate, simple mean, all products in Namibia peaked at 19.4% in 2017 and was at its lowest, 19.1%, in 2002.

Namibia ranks 88th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 19.1% 19.1% 19.2% 8
2010s 19.3% 19.1% 19.4% 10
2020s 19.4% 19.4% 19.4% 2

Countries ranked near Namibia

  1. 85 Guinea 20.9% compare
  2. 86 Mauritania 20.8% compare
  3. 87 Cambodia 19.4% compare
  4. 88 South Africa 19.4% compare
  5. 90 Eswatini 19.2% compare
  6. 91 Botswana 19.0% compare

See the full ranking of 158 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is bound rate, simple mean, all products in Namibia?
Bound rate, simple mean, all products in Namibia was 19.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Namibia?
The highest recorded value was 19.4% in 2017.
What is the lowest bound rate, simple mean, all products recorded in Namibia?
The lowest recorded value was 19.1% in 2002.
How does Namibia rank for bound rate, simple mean, all products?
Namibia ranks 88th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Namibia?
Over the last ten years it is up 1.4%. The long-run trend across the full record is flat.
Where does this Namibia 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 — 20 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.