Bound rate, simple mean, all products in Russia

Russia: Bound rate, simple mean, all products was 7.4% in 2021. ▬ Flat

Latest (2021)
7.4%
Change on year
unchanged
World rank
115th
of 157 countries
All-time high
7.4%
in 2017
All-time low
7.3%
in 2007
Years of data
15
2007–2021

Bound rate, simple mean, all products in Russia, 2007–2021

024682007201420212007: 7.3 %2008: 7.3 %2009: 7.3 %2010: 7.3 %2011: 7.3 %2012: 7.3 %2013: 7.3 %2014: 7.3 %2015: 7.3 %2016: 7.3 %2017: 7.4 %2018: 7.4 %2019: 7.4 %2020: 7.4 %2021: 7.4 %

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

Analysis

Russia recorded 7.4% for bound rate, simple mean, all products in 2021. That is the highest value across all 15 years on record.

That represents a change of up 1.1% over ten years.

Over the whole period, bound rate, simple mean, all products in Russia peaked at 7.4% in 2017 and was at its lowest, 7.3%, in 2007.

That places Russia 115th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.3% 7.3% 7.3% 3
2010s 7.3% 7.3% 7.4% 10
2020s 7.4% 7.4% 7.4% 2

Countries ranked near Russia

  1. 112 Armenia 8.7% compare
  2. 113 Tajikistan 7.9% compare
  3. 114 Kyrgyzstan 7.6% compare
  4. 116 Georgia 7.1% compare
  5. 117 Singapore 6.9% compare
  6. 118 North Macedonia 6.9% compare

See the full ranking of 158 places →

More private sector data for Russia

All data for Russia →

Frequently asked questions

What is bound rate, simple mean, all products in Russia?
Bound rate, simple mean, all products in Russia was 7.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Russia?
The highest recorded value was 7.4% in 2017.
What is the lowest bound rate, simple mean, all products recorded in Russia?
The lowest recorded value was 7.3% in 2007.
How does Russia rank for bound rate, simple mean, all products?
Russia ranks 115th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Russia?
Over the last ten years it is up 1.1%. The long-run trend across the full record is flat.
Where does this Russia 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.

Download this data

CSV · JSON — 15 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.