Bound rate, simple mean, all products in Senegal

Senegal: Bound rate, simple mean, all products was 30.0% in 2021. ▬ Flat

Latest (2021)
30.0%
Change on year
unchanged
World rank
68th
of 157 countries
All-time high
30.0%
in 2003
All-time low
30.0%
in 2001
Years of data
21
2001–2021

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

01020302001201120212001: 30 %2002: 30 %2003: 30 %2004: 30 %2005: 30 %2006: 30 %2007: 30 %2008: 30 %2009: 30 %2010: 30 %2011: 30 %2012: 30 %2013: 30 %2014: 30 %2015: 30 %2016: 30 %2017: 30 %2018: 30 %2019: 30 %2020: 30 %2021: 30 %

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

Analysis

In 2021, bound rate, simple mean, all products in Senegal stood at 30.0%. That is the highest value across all 21 years on record.

The figure is unchanged over ten years.

Over the whole period, bound rate, simple mean, all products in Senegal peaked at 30.0% in 2003 and was at its lowest, 30.0%, in 2001.

Senegal ranks 68th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.0% 30.0% 30.0% 9
2010s 30.0% 30.0% 30.0% 10
2020s 30.0% 30.0% 30.0% 2

Countries ranked near Senegal

  1. 65 Uruguay 31.7% compare
  2. 66 Brazil 31.5% compare
  3. 67 Turkey 30.1% compare
  4. 69 Mali 29.6% compare
  5. 70 Benin 29.5% compare
  6. 71 Peru 29.5% compare

See the full ranking of 158 places →

More private sector data for Senegal

All data for Senegal →

Frequently asked questions

What is bound rate, simple mean, all products in Senegal?
Bound rate, simple mean, all products in Senegal was 30.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Senegal?
The highest recorded value was 30.0% in 2003.
What is the lowest bound rate, simple mean, all products recorded in Senegal?
The lowest recorded value was 30.0% in 2001.
How does Senegal rank for bound rate, simple mean, all products?
Senegal ranks 68th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Senegal?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Senegal 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 — 21 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.