Bound rate, simple mean, all products in Rwanda

Rwanda: Bound rate, simple mean, all products was 89.2% in 2021. ▬ Flat

Latest (2021)
89.2%
Change on year
unchanged
World rank
12th
of 157 countries
All-time high
89.6%
in 2000
All-time low
89.2%
in 2018
Years of data
19
2000–2021

Bound rate, simple mean, all products in Rwanda, 2000–2021

0204060802000201020212000: 89.6 %2001: 89.6 %2002: 89.6 %2003: 89.6 %2005: 89.5 %2006: 89.5 %2008: 89.4 %2009: 89.4 %2010: 89.4 %2011: 89.4 %2012: 89.2 %2013: 89.2 %2014: 89.2 %2015: 89.2 %2016: 89.2 %2018: 89.2 %2019: 89.2 %2020: 89.2 %2021: 89.2 %

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

Analysis

Rwanda recorded 89.2% for bound rate, simple mean, all products in 2021. That is the lowest value across all 19 years on record.

The figure is down 0.3% over ten years.

Over the whole period, bound rate, simple mean, all products in Rwanda peaked at 89.6% in 2000 and was at its lowest, 89.2%, in 2018.

That places Rwanda 12th out of 157 countries with data for 2021, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 89.5% 89.4% 89.6% 8
2010s 89.3% 89.2% 89.4% 9
2020s 89.2% 89.2% 89.2% 2

Countries ranked near Rwanda

  1. 9 Kenya 94.7% compare
  2. 10 Ghana 92.8% compare
  3. 11 Zimbabwe 89.6% compare
  4. 13 Mauritius 85.9% compare
  5. 14 Myanmar 84.3% compare
  6. 15 Lesotho 80.2% compare

See the full ranking of 158 places →

More private sector data for Rwanda

All data for Rwanda →

Frequently asked questions

What is bound rate, simple mean, all products in Rwanda?
Bound rate, simple mean, all products in Rwanda was 89.2% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Rwanda?
The highest recorded value was 89.6% in 2000.
What is the lowest bound rate, simple mean, all products recorded in Rwanda?
The lowest recorded value was 89.2% in 2018.
How does Rwanda rank for bound rate, simple mean, all products?
Rwanda ranks 12th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Rwanda?
Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
Where does this Rwanda 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.