Bound rate, simple mean, all products in Sri Lanka
Sri Lanka: Bound rate, simple mean, all products was 31.7% in 2021. ▲ Rising
Bound rate, simple mean, all products in Sri Lanka, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Sri Lanka is 31.7%, measured in 2021.
Compared with earlier readings it is up 4.7% over ten years.
Over the whole period, bound rate, simple mean, all products in Sri Lanka peaked at 32.0% in 2012 and was at its lowest, 29.3%, in 1998.
Sri Lanka ranks 64th of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.3% | 29.3% | 29.3% | 2 |
| 2000s | 30.0% | 29.3% | 30.3% | 9 |
| 2010s | 31.4% | 30.3% | 32.0% | 8 |
| 2020s | 31.7% | 31.7% | 31.7% | 2 |
Countries ranked near Sri Lanka
More private sector data for Sri Lanka
- Merchandise exports 13.58 billion current US$ (2025)
- Manufactures exports 66.0% (2024)
- Food exports 27.3% (2024)
- Merchandise imports 21.48 billion current US$ (2025)
- Manufactures imports 59.7% (2024)
- Food imports 15.3% (2024)
- Merchandise trade 32.2% (2025)
- Commercial service exports 6.87 billion current US$ (2024)
- Transport services 31.5% (2024)
- Computer, communications and other services 41.2% (2024)
Frequently asked questions
- What is bound rate, simple mean, all products in Sri Lanka?
- Bound rate, simple mean, all products in Sri Lanka was 31.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Sri Lanka?
- The highest recorded value was 32.0% in 2012.
- What is the lowest bound rate, simple mean, all products recorded in Sri Lanka?
- The lowest recorded value was 29.3% in 1998.
- How does Sri Lanka rank for bound rate, simple mean, all products?
- Sri Lanka ranks 64th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Sri Lanka?
- Over the last ten years it is up 4.7%. The long-run trend across the full record is rising.
- Where does this Sri Lanka 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 — 21 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.