Bound rate, simple mean, primary products in Barbados
Barbados: Bound rate, simple mean, primary products was 97.2% in 2022. ▬ Flat
Bound rate, simple mean, primary products in Barbados, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Barbados recorded 97.2% for bound rate, simple mean, primary products in 2022.
The figure is up 1.4% over ten years.
Over the whole period, bound rate, simple mean, primary products in Barbados peaked at 97.2% in 2020 and was at its lowest, 95.2%, in 1996.
That places Barbados 15th out of 157 countries with data for 2022, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 95.5% | 95.2% | 95.8% | 2 |
| 2000s | 95.8% | 95.8% | 95.8% | 7 |
| 2010s | 95.8% | 95.8% | 95.8% | 4 |
| 2020s | 97.2% | 97.2% | 97.2% | 3 |
Countries ranked near Barbados
- 13 Myanmar 99.5% compare
- 14 Democratic Republic of Congo 97.8% compare
- 16 Saint Lucia 96.5% compare
- 17 Ghana 96.1% compare
- 18 Kenya 96.0% compare
More private sector data for Barbados
- Merchandise exports 428.00 million current US$ (2025)
- Manufactures exports 39.9% (2024)
- Food exports 43.5% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Manufactures imports 52.6% (2024)
- Food imports 22.7% (2024)
- Merchandise trade 33.1% (2025)
- Commercial service exports 1.50 billion current US$ (2017)
- Transport services 16.1% (2017)
- Computer, communications and other services 69.8% (2017)
Frequently asked questions
- What is bound rate, simple mean, primary products in Barbados?
- Bound rate, simple mean, primary products in Barbados was 97.2% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Barbados?
- The highest recorded value was 97.2% in 2020.
- What is the lowest bound rate, simple mean, primary products recorded in Barbados?
- The lowest recorded value was 95.2% in 1996.
- How does Barbados rank for bound rate, simple mean, primary products?
- Barbados ranks 15th out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary products rising or falling in Barbados?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is flat.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).