Bound rate, simple mean, manufactured products in Senegal

Senegal: Bound rate, simple mean, manufactured products was 30.0% in 2021. ▬ Flat

Latest (2021)
30.0%
Change on year
unchanged
World rank
60th
of 157 countries
All-time high
30.0%
in 2003
All-time low
30.0%
in 2001
Years of data
21
2001–2021

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

01020302001201120212001: 30 %2002: 30 %2003: 30 %2004: 30 %2005: 30 %2006: 30 %2007: 30 %2008: 30 %2009: 30 %2010: 30 %2011: 30 %2012: 30 %2013: 30 %2014: 30 %2015: 30 %2016: 30 %2017: 30 %2018: 30 %2019: 30 %2020: 30 %2021: 30 %

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

Analysis

The most recent figure for bound rate, simple mean, manufactured products in Senegal is 30.0%, measured in 2021. That is the highest value across all 21 years on record.

The figure is unchanged over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Senegal peaked at 30.0% in 2003 and was at its lowest, 30.0%, in 2001.

Senegal ranks 60th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 30.0% 30.0% 30.0% 9
2010s 30.0% 30.0% 30.0% 10
2020s 30.0% 30.0% 30.0% 2

Countries ranked near Senegal

  1. 57 Argentina 31.4% compare
  2. 58 Uruguay 30.8% compare
  3. 59 Brazil 30.6% compare
  4. 61 Papua New Guinea 29.4% compare
  5. 62 Peru 29.2% compare
  6. 63 Myanmar 28.7% compare

See the full ranking of 158 places →

More private sector data for Senegal

All data for Senegal →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Senegal?
Bound rate, simple mean, manufactured products in Senegal was 30.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Senegal?
The highest recorded value was 30.0% in 2003.
What is the lowest bound rate, simple mean, manufactured products recorded in Senegal?
The lowest recorded value was 30.0% in 2001.
How does Senegal rank for bound rate, simple mean, manufactured products?
Senegal ranks 60th out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in Senegal?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Senegal 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.