Bound rate, simple mean, manufactured products in Lesotho

Lesotho: Bound rate, simple mean, manufactured products was 61.3% in 2021. ▬ Flat

Latest (2021)
61.3%
Change on year
unchanged
World rank
16th
of 157 countries
All-time high
61.6%
in 2001
All-time low
61.3%
in 2007
Years of data
19
2001–2021

Bound rate, simple mean, manufactured products in Lesotho, 2001–2021

02040602001201120212001: 61.6 %2004: 61.4 %2005: 61.4 %2006: 61.4 %2007: 61.3 %2008: 61.3 %2009: 61.3 %2010: 61.3 %2011: 61.3 %2012: 61.3 %2013: 61.3 %2014: 61.3 %2015: 61.3 %2016: 61.3 %2017: 61.3 %2018: 61.3 %2019: 61.3 %2020: 61.3 %2021: 61.3 %

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

Analysis

Lesotho recorded 61.3% for bound rate, simple mean, manufactured products in 2021.

That represents a change of up 0.1% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Lesotho peaked at 61.6% in 2001 and was at its lowest, 61.3%, in 2007.

That places Lesotho 16th out of 157 countries with data for 2021, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 61.4% 61.3% 61.6% 7
2010s 61.3% 61.3% 61.3% 10
2020s 61.3% 61.3% 61.3% 2

Countries ranked near Lesotho

  1. 13 Mozambique 69.4% compare
  2. 14 Gambia 68.3% compare
  3. 15 Ghana 64.7% compare
  4. 17 Nigeria 60.7% compare
  5. 18 Angola 60.1% compare
  6. 19 Zambia 58.9% compare

See the full ranking of 158 places →

More private sector data for Lesotho

All data for Lesotho →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Lesotho?
Bound rate, simple mean, manufactured products in Lesotho was 61.3% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Lesotho?
The highest recorded value was 61.6% in 2001.
What is the lowest bound rate, simple mean, manufactured products recorded in Lesotho?
The lowest recorded value was 61.3% in 2007.
How does Lesotho rank for bound rate, simple mean, manufactured products?
Lesotho ranks 16th out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in Lesotho?
Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
Where does this Lesotho data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.