Bound rate, simple mean, all products in Slovakia
Slovakia: Bound rate, simple mean, all products was 4.4% in 2021. ▼ Falling
Bound rate, simple mean, all products in Slovakia, 2004–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Slovakia recorded 4.4% for bound rate, simple mean, all products in 2021. That is the lowest value across all 18 years on record.
The figure is down 24.7% over ten years.
Over the whole period, bound rate, simple mean, all products in Slovakia peaked at 6.3% in 2005 and was at its lowest, 4.4%, in 2015.
Slovakia ranks 125th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 5.9% | 6.3% | 6 |
| 2010s | 5.2% | 4.4% | 6.0% | 10 |
| 2020s | 4.4% | 4.4% | 4.4% | 2 |
Countries ranked near Slovakia
- 122 Ukraine 5.8% compare
- 123 Montenegro 5.3% compare
- 124 Canada 4.9% compare
- 125 Austria 4.4% compare
- 125 Belgium 4.4% compare
- 125 Bulgaria 4.4% compare
- 125 Croatia 4.4% compare
- 125 Cyprus 4.4% compare
- 125 Czechia 4.4% compare
- 125 Denmark 4.4% compare
- 125 Estonia 4.4% compare
- 125 Finland 4.4% compare
- 125 France 4.4% compare
- 125 Germany 4.4% compare
- 125 Greece 4.4% compare
- 125 Hungary 4.4% compare
- 125 Ireland 4.4% compare
- 125 Italy 4.4% compare
- 125 Latvia 4.4% compare
- 125 Lithuania 4.4% compare
- 125 Malta 4.4% compare
- 125 Netherlands 4.4% compare
- 125 Poland 4.4% compare
- 125 Portugal 4.4% compare
- 125 Romania 4.4% compare
- 125 Slovenia 4.4% compare
- 125 Spain 4.4% compare
- 125 Sweden 4.4% compare
- 125 United Kingdom 4.4% compare
More private sector data for Slovakia
- Merchandise exports 125.44 billion current US$ (2025)
- Manufactures exports 88.6% (2024)
- Food exports 4.7% (2024)
- Merchandise imports 122.60 billion current US$ (2025)
- Manufactures imports 80.7% (2024)
- Food imports 7.3% (2024)
- Merchandise trade 160.5% (2025)
- Commercial service exports 14.64 billion current US$ (2025)
- Transport services 30.2% (2025)
- Computer, communications and other services 45.7% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Slovakia?
- Bound rate, simple mean, all products in Slovakia was 4.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Slovakia?
- The highest recorded value was 6.3% in 2005.
- What is the lowest bound rate, simple mean, all products recorded in Slovakia?
- The lowest recorded value was 4.4% in 2015.
- How does Slovakia rank for bound rate, simple mean, all products?
- Slovakia ranks 125th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Slovakia?
- Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
- Where does this Slovakia 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 — 18 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.