Bound rate, simple mean, all products in Switzerland

Switzerland: Bound rate, simple mean, all products was 0.0% in 2021. ◆ Volatile

Latest (2021)
0.0%
World rank
155th
of 157 countries
All-time high
12.5%
in 2002
All-time low
0.0%
in 1995
Years of data
27
1995–2021

Bound rate, simple mean, all products in Switzerland, 1995–2021

0510151995200820211995: 0 %1996: 0 %1997: 0 %1998: 0 %1999: 0 %2000: 0 %2001: 0 %2002: 12.5 %2003: 12.4 %2004: 12.1 %2005: 12.5 %2006: 12.3 %2007: 11.8 %2008: 10.8 %2009: 10.8 %2010: 11.1 %2011: 11.6 %2012: 12.5 %2013: 12.4 %2014: 12.4 %2015: 0 %2016: 0 %2017: 0 %2018: 0 %2019: 0 %2020: 0 %2021: 0 %

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

Analysis

In 2021, bound rate, simple mean, all products in Switzerland stood at 0.0%. That is the lowest value across all 27 years on record.

The figure is down 100.0% over ten years.

Over the whole period, bound rate, simple mean, all products in Switzerland peaked at 12.5% in 2002 and was at its lowest, 0.0%, in 1995.

That places Switzerland 155th out of 157 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.0% 0.0% 0.0% 5
2000s 9.5% 0.0% 12.5% 10
2010s 6.0% 0.0% 12.5% 10
2020s 0.0% 0.0% 0.0% 2

Countries ranked near Switzerland

  1. 152 United States 3.6% compare
  2. 153 Japan 3.1% compare
  3. 154 Norway 2.8% compare
  4. 155 Hong Kong 0.0% compare
  5. 155 Macao 0.0% compare

See the full ranking of 158 places →

More private sector data for Switzerland

All data for Switzerland →

Frequently asked questions

What is bound rate, simple mean, all products in Switzerland?
Bound rate, simple mean, all products in Switzerland was 0.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Switzerland?
The highest recorded value was 12.5% in 2002.
What is the lowest bound rate, simple mean, all products recorded in Switzerland?
The lowest recorded value was 0.0% in 1995.
How does Switzerland rank for bound rate, simple mean, all products?
Switzerland ranks 155th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Switzerland?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Switzerland 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 — 27 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.