Bound rate, simple mean, all products in Zambia

Zambia: Bound rate, simple mean, all products was 107.6% in 2021. ▬ Flat

Latest (2021)
107.6%
Change on year
unchanged
World rank
4th
of 157 countries
All-time high
107.6%
in 2018
All-time low
105.3%
in 1997
Years of data
19
1997–2021

Bound rate, simple mean, all products in Zambia, 1997–2021

02550751001997200920211997: 105.3 %2001: 105.3 %2002: 105.3 %2003: 105.3 %2004: 105.8 %2005: 105.8 %2006: 105.8 %2007: 106.1 %2008: 106.1 %2009: 106.1 %2010: 106.1 %2011: 106.1 %2012: 107.3 %2013: 107.3 %2015: 107.3 %2016: 107.3 %2018: 107.6 %2020: 107.6 %2021: 107.6 %

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

Analysis

In 2021, bound rate, simple mean, all products in Zambia stood at 107.6%. That is the highest value across all 19 years on record.

The figure is up 1.4% over ten years.

Over the whole period, bound rate, simple mean, all products in Zambia peaked at 107.6% in 2018 and was at its lowest, 105.3%, in 1997.

That places Zambia 4th out of 157 countries with data for 2021, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 105.3% 105.3% 105.3% 1
2000s 105.7% 105.3% 106.1% 9
2010s 107.0% 106.1% 107.6% 7
2020s 107.6% 107.6% 107.6% 2

Countries ranked near Zambia

  1. 1 Bangladesh 158.9% compare
  2. 2 Nigeria 121.3% compare
  3. 3 Tanzania 120.0% compare
  4. 5 Gambia 103.5% compare
  5. 6 Kuwait 98.2% compare
  6. 7 Mozambique 97.7% compare

See the full ranking of 158 places →

More private sector data for Zambia

All data for Zambia →

Frequently asked questions

What is bound rate, simple mean, all products in Zambia?
Bound rate, simple mean, all products in Zambia was 107.6% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Zambia?
The highest recorded value was 107.6% in 2018.
What is the lowest bound rate, simple mean, all products recorded in Zambia?
The lowest recorded value was 105.3% in 1997.
How does Zambia rank for bound rate, simple mean, all products?
Zambia ranks 4th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Zambia?
Over the last ten years it is up 1.4%. The long-run trend across the full record is flat.
Where does this Zambia 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.