Bound rate, simple mean, all products in Pakistan

Pakistan: Bound rate, simple mean, all products was 60.9% in 2021. ▬ Flat

Latest (2021)
60.9%
Change on year
unchanged
World rank
27th
of 157 countries
All-time high
60.9%
in 2018
All-time low
59.9%
in 2002
Years of data
24
1995–2021

Bound rate, simple mean, all products in Pakistan, 1995–2021

02040601995200820211995: 60.2 %1998: 60.1 %1999: 60.1 %2000: 60.1 %2001: 60.1 %2002: 59.9 %2003: 59.9 %2004: 59.9 %2005: 59.9 %2006: 59.9 %2007: 59.9 %2008: 60 %2009: 60 %2010: 60 %2011: 60 %2012: 60.8 %2013: 60.8 %2014: 60.8 %2015: 60.8 %2016: 60.8 %2018: 60.9 %2019: 60.9 %2020: 60.9 %2021: 60.9 %

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

Analysis

The most recent figure for bound rate, simple mean, all products in Pakistan is 60.9%, measured in 2021. That is the highest value across all 24 years on record.

That represents a change of up 1.4% over ten years.

Over the whole period, bound rate, simple mean, all products in Pakistan peaked at 60.9% in 2018 and was at its lowest, 59.9%, in 2002.

That places Pakistan 27th out of 157 countries with data for 2021, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.1% 60.1% 60.2% 3
2000s 60.0% 59.9% 60.1% 10
2010s 60.7% 60.0% 60.9% 9
2020s 60.9% 60.9% 60.9% 2

Countries ranked near Pakistan

  1. 24 Burundi 69.4% compare
  2. 25 Saint Lucia 64.5% compare
  3. 26 Saint Vincent and the Grenadines 63.0% compare
  4. 28 Dominica 59.8% compare
  5. 29 Belize 59.3% compare
  6. 30 Angola 59.1% compare

See the full ranking of 158 places →

More private sector data for Pakistan

All data for Pakistan →

Frequently asked questions

What is bound rate, simple mean, all products in Pakistan?
Bound rate, simple mean, all products in Pakistan was 60.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Pakistan?
The highest recorded value was 60.9% in 2018.
What is the lowest bound rate, simple mean, all products recorded in Pakistan?
The lowest recorded value was 59.9% in 2002.
How does Pakistan rank for bound rate, simple mean, all products?
Pakistan ranks 27th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Pakistan?
Over the last ten years it is up 1.4%. The long-run trend across the full record is flat.
Where does this Pakistan 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.