Bound rate, simple mean, all products in United Kingdom
United Kingdom: Bound rate, simple mean, all products was 4.4% in 2019. ▼ Falling
Bound rate, simple mean, all products in United Kingdom, 2000–2019
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
United Kingdom recorded 4.4% for bound rate, simple mean, all products in 2019. That is the lowest value across all 20 years on record.
The figure is down 25.6% over ten years.
Over the whole period, bound rate, simple mean, all products in United Kingdom peaked at 6.3% in 2001 and was at its lowest, 4.4%, in 2015.
That places United Kingdom 125th out of 157 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 20 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.1% | 5.9% | 6.3% | 10 |
| 2010s | 5.2% | 4.4% | 6.0% | 10 |
Countries ranked near United Kingdom
- 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 Slovakia 4.4% compare
- 125 Slovenia 4.4% compare
- 125 Spain 4.4% compare
- 125 Sweden 4.4% compare
More private sector data for United Kingdom
- Merchandise exports 555.83 billion current US$ (2025)
- Manufactures exports 59.3% (2025)
- Food exports 6.7% (2025)
- Merchandise imports 948.64 billion current US$ (2025)
- Manufactures imports 56.7% (2025)
- Food imports 9.8% (2025)
- Merchandise trade 37.6% (2025)
- Commercial service exports 714.58 billion current US$ (2025)
- Transport services 9.9% (2025)
- Computer, communications and other services 55.2% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in United Kingdom?
- Bound rate, simple mean, all products in United Kingdom was 4.4% in 2019, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in United Kingdom?
- The highest recorded value was 6.3% in 2001.
- What is the lowest bound rate, simple mean, all products recorded in United Kingdom?
- The lowest recorded value was 4.4% in 2015.
- How does United Kingdom rank for bound rate, simple mean, all products?
- United Kingdom ranks 125th out of 157 countries with data for 2019.
- Is bound rate, simple mean, all products rising or falling in United Kingdom?
- Over the last ten years it is down 25.6%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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 — 20 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.