Bound rate, simple mean, all products in Uruguay

Uruguay: Bound rate, simple mean, all products was 31.7% in 2022. ▬ Flat

Latest (2022)
31.7%
Change on year
unchanged
World rank
65th
of 157 countries
All-time high
31.7%
in 2017
All-time low
31.5%
in 2008
Years of data
27
1995–2022

Bound rate, simple mean, all products in Uruguay, 1995–2022

01020301995200820221995: 31.6 %1996: 31.6 %1997: 31.6 %1998: 31.6 %1999: 31.6 %2000: 31.6 %2001: 31.6 %2002: 31.6 %2004: 31.6 %2005: 31.6 %2006: 31.6 %2007: 31.6 %2008: 31.5 %2009: 31.5 %2010: 31.5 %2011: 31.5 %2012: 31.5 %2013: 31.6 %2014: 31.6 %2015: 31.6 %2016: 31.6 %2017: 31.7 %2018: 31.7 %2019: 31.7 %2020: 31.7 %2021: 31.7 %2022: 31.7 %

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

Analysis

The most recent figure for bound rate, simple mean, all products in Uruguay is 31.7%, measured in 2022. That is the highest value across all 27 years on record.

The figure is up 0.4% over ten years.

Over the whole period, bound rate, simple mean, all products in Uruguay peaked at 31.7% in 2017 and was at its lowest, 31.5%, in 2008.

Uruguay ranks 65th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 31.6% 31.6% 31.6% 5
2000s 31.6% 31.5% 31.6% 9
2010s 31.6% 31.5% 31.7% 10
2020s 31.7% 31.7% 31.7% 3

Countries ranked near Uruguay

  1. 62 Honduras 32.1% compare
  2. 63 Argentina 31.8% compare
  3. 64 Sri Lanka 31.7% compare
  4. 66 Brazil 31.5% compare
  5. 67 Turkey 30.1% compare
  6. 68 Senegal 30.0% compare

See the full ranking of 158 places →

More private sector data for Uruguay

All data for Uruguay →

Frequently asked questions

What is bound rate, simple mean, all products in Uruguay?
Bound rate, simple mean, all products in Uruguay was 31.7% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Uruguay?
The highest recorded value was 31.7% in 2017.
What is the lowest bound rate, simple mean, all products recorded in Uruguay?
The lowest recorded value was 31.5% in 2008.
How does Uruguay rank for bound rate, simple mean, all products?
Uruguay ranks 65th out of 157 countries with data for 2022.
Is bound rate, simple mean, all products rising or falling in Uruguay?
Over the last ten years it is up 0.4%. The long-run trend across the full record is flat.
Where does this Uruguay 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.