Bound rate, simple mean, all products in Sierra Leone
Sierra Leone: Bound rate, simple mean, all products was 47.3% in 2021. ▬ Flat
Bound rate, simple mean, all products in Sierra Leone, 2004–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Sierra Leone is 47.3%, measured in 2021. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 0.2% over ten years.
Over the whole period, bound rate, simple mean, all products in Sierra Leone peaked at 47.4% in 2010 and was at its lowest, 47.3%, in 2020.
That places Sierra Leone 39th out of 157 countries with data for 2021, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 47.4% | 47.4% | 47.4% | 2 |
| 2010s | 47.4% | 47.4% | 47.4% | 3 |
| 2020s | 47.3% | 47.3% | 47.3% | 2 |
Countries ranked near Sierra Leone
- 36 India 52.0% compare
- 37 Jamaica 50.6% compare
- 38 Guinea-Bissau 48.5% compare
- 40 Niger 45.2% compare
- 41 Burkina Faso 44.3% compare
- 42 Costa Rica 43.0% compare
More private sector data for Sierra Leone
- Merchandise exports 1.53 billion current US$ (2025)
- Manufactures exports 25.1% (2018)
- Food exports 45.6% (2018)
- Merchandise imports 1.89 billion current US$ (2025)
- Manufactures imports 63.9% (2018)
- Food imports 32.3% (2018)
- Merchandise trade 45.9% (2025)
- Commercial service exports 49.60 million current US$ (2024)
- Transport services 68.7% (2024)
- Computer, communications and other services 16.6% (2024)
Frequently asked questions
- What is bound rate, simple mean, all products in Sierra Leone?
- Bound rate, simple mean, all products in Sierra Leone was 47.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Sierra Leone?
- The highest recorded value was 47.4% in 2010.
- What is the lowest bound rate, simple mean, all products recorded in Sierra Leone?
- The lowest recorded value was 47.3% in 2020.
- How does Sierra Leone rank for bound rate, simple mean, all products?
- Sierra Leone ranks 39th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Sierra Leone?
- Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
- Where does this Sierra Leone 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 — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.