Bound rate, simple mean, all products in Solomon Islands

Solomon Islands: Bound rate, simple mean, all products was 79.1% in 2021. ▬ Flat

Latest (2021)
79.1%
Change on year
unchanged
World rank
19th
of 157 countries
All-time high
79.1%
in 2015
All-time low
78.5%
in 2006
Years of data
13
2006–2021

Bound rate, simple mean, all products in Solomon Islands, 2006–2021

0204060802006201320212006: 78.5 %2007: 78.7 %2008: 78.6 %2010: 78.8 %2011: 78.9 %2013: 79 %2015: 79.1 %2016: 79.1 %2017: 79.1 %2018: 79.1 %2019: 79.1 %2020: 79.1 %2021: 79.1 %

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

Analysis

In 2021, bound rate, simple mean, all products in Solomon Islands stood at 79.1%. That is the highest value across all 13 years on record.

Compared with earlier readings it is up 0.2% over ten years.

Over the whole period, bound rate, simple mean, all products in Solomon Islands peaked at 79.1% in 2015 and was at its lowest, 78.5%, in 2006.

Solomon Islands ranks 19th of 157 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 78.6% 78.5% 78.7% 3
2010s 79.0% 78.8% 79.1% 8
2020s 79.1% 79.1% 79.1% 2

Countries ranked near Solomon Islands

  1. 16 Togo 80.0% compare
  2. 17 Chad 79.9% compare
  3. 18 Cameroon 79.9% compare
  4. 20 Barbados 78.9% compare
  5. 21 Saint Kitts and Nevis 76.5% compare
  6. 22 Malawi 75.8% compare

See the full ranking of 158 places →

More private sector data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is bound rate, simple mean, all products in Solomon Islands?
Bound rate, simple mean, all products in Solomon Islands was 79.1% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Solomon Islands?
The highest recorded value was 79.1% in 2015.
What is the lowest bound rate, simple mean, all products recorded in Solomon Islands?
The lowest recorded value was 78.5% in 2006.
How does Solomon Islands rank for bound rate, simple mean, all products?
Solomon Islands ranks 19th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Solomon Islands?
Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
Where does this Solomon Islands 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 — 13 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.