Bound rate, simple mean, all products in Saint Lucia

Saint Lucia: Bound rate, simple mean, all products was 64.5% in 2020. ▬ Flat

Latest (2020)
64.5%
Change on year
unchanged
World rank
25th
of 157 countries
All-time high
64.5%
in 2015
All-time low
62.1%
in 1996
Years of data
18
1996–2020

Bound rate, simple mean, all products in Saint Lucia, 1996–2020

02040601996200820201996: 62.1 %1999: 62.1 %2000: 62.1 %2001: 62.1 %2002: 62.1 %2003: 62.1 %2005: 62.1 %2006: 62.1 %2007: 62.1 %2010: 62.2 %2011: 62.2 %2012: 62.6 %2013: 62.6 %2014: 62.6 %2015: 64.5 %2016: 64.5 %2019: 64.5 %2020: 64.5 %

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

Analysis

Saint Lucia recorded 64.5% for bound rate, simple mean, all products in 2020. That is the highest value across all 18 years on record.

That represents a change of up 3.7% over ten years.

Over the whole period, bound rate, simple mean, all products in Saint Lucia peaked at 64.5% in 2015 and was at its lowest, 62.1%, in 1996.

Saint Lucia ranks 25th of 157 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 62.1% 62.1% 62.1% 2
2000s 62.1% 62.1% 62.1% 7
2010s 63.2% 62.2% 64.5% 8
2020s 64.5% 64.5% 64.5% 1

Countries ranked near Saint Lucia

  1. 22 Malawi 75.8% compare
  2. 23 Uganda 73.2% compare
  3. 24 Burundi 69.4% compare
  4. 26 Saint Vincent and the Grenadines 63.0% compare
  5. 27 Pakistan 60.9% compare
  6. 28 Dominica 59.8% compare

See the full ranking of 158 places →

More private sector data for Saint Lucia

All data for Saint Lucia →

Frequently asked questions

What is bound rate, simple mean, all products in Saint Lucia?
Bound rate, simple mean, all products in Saint Lucia was 64.5% in 2020, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Saint Lucia?
The highest recorded value was 64.5% in 2015.
What is the lowest bound rate, simple mean, all products recorded in Saint Lucia?
The lowest recorded value was 62.1% in 1996.
How does Saint Lucia rank for bound rate, simple mean, all products?
Saint Lucia ranks 25th out of 157 countries with data for 2020.
Is bound rate, simple mean, all products rising or falling in Saint Lucia?
Over the last ten years it is up 3.7%. The long-run trend across the full record is flat.
Where does this Saint Lucia 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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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.