Bound rate, simple mean, all products in Zimbabwe

Zimbabwe: Bound rate, simple mean, all products was 89.6% in 2021. ▬ Flat

Latest (2021)
89.6%
World rank
11th
of 157 countries
All-time high
90.2%
in 2011
All-time low
85.7%
in 1996
Years of data
15
1996–2021

Bound rate, simple mean, all products in Zimbabwe, 1996–2021

0204060801001996200820211996: 85.7 %1997: 86.6 %1998: 86.6 %1999: 86.6 %2000: 86.6 %2001: 86.6 %2002: 87.9 %2003: 87.9 %2007: 88.8 %2010: 88.8 %2011: 90.2 %2012: 90.2 %2015: 88.4 %2016: 88.4 %2021: 89.6 %

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

Analysis

In 2021, bound rate, simple mean, all products in Zimbabwe stood at 89.6%.

Compared with earlier readings it is down 0.6% over ten years.

Over the whole period, bound rate, simple mean, all products in Zimbabwe peaked at 90.2% in 2011 and was at its lowest, 85.7%, in 1996.

That places Zimbabwe 11th out of 157 countries with data for 2021, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 86.4% 85.7% 86.6% 4
2000s 87.5% 86.6% 88.8% 5
2010s 89.2% 88.4% 90.2% 5
2020s 89.6% 89.6% 89.6% 1

Countries ranked near Zimbabwe

  1. 8 Democratic Republic of Congo 96.1% compare
  2. 9 Kenya 94.7% compare
  3. 10 Ghana 92.8% compare
  4. 12 Rwanda 89.2% compare
  5. 13 Mauritius 85.9% compare
  6. 14 Myanmar 84.3% compare

See the full ranking of 158 places →

More private sector data for Zimbabwe

All data for Zimbabwe →

Frequently asked questions

What is bound rate, simple mean, all products in Zimbabwe?
Bound rate, simple mean, all products in Zimbabwe was 89.6% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Zimbabwe?
The highest recorded value was 90.2% in 2011.
What is the lowest bound rate, simple mean, all products recorded in Zimbabwe?
The lowest recorded value was 85.7% in 1996.
How does Zimbabwe rank for bound rate, simple mean, all products?
Zimbabwe ranks 11th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Zimbabwe?
Over the last ten years it is down 0.6%. The long-run trend across the full record is flat.
Where does this Zimbabwe 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.