Bound rate, simple mean, primary products in Belgium

Belgium: Bound rate, simple mean, primary products was 5.8% in 2021. ▼ Falling

Latest (2021)
5.8%
Change on year
unchanged
World rank
121st
of 157 countries
All-time high
13.7%
in 2001
All-time low
5.8%
in 2017
Years of data
22
2000–2021

Bound rate, simple mean, primary products in Belgium, 2000–2021

0510152000201020212000: 12.7 %2001: 13.7 %2002: 13.2 %2003: 13.2 %2004: 12.5 %2005: 13.3 %2006: 13.2 %2007: 12.9 %2008: 11.9 %2009: 11.7 %2010: 11.7 %2011: 11.4 %2012: 11.5 %2013: 11.1 %2014: 11.1 %2015: 5.8 %2016: 5.8 %2017: 5.8 %2018: 5.8 %2019: 5.8 %2020: 5.8 %2021: 5.8 %

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

Analysis

In 2021, bound rate, simple mean, primary products in Belgium stood at 5.8%. That is the lowest value across all 22 years on record.

The figure is down 49.8% over ten years.

Over the whole period, bound rate, simple mean, primary products in Belgium peaked at 13.7% in 2001 and was at its lowest, 5.8%, in 2017.

That places Belgium 121st out of 157 countries with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 12.8% 11.7% 13.7% 10
2010s 8.6% 5.8% 11.7% 10
2020s 5.8% 5.8% 5.8% 2

Countries ranked near Belgium

  1. 118 Ukraine 7.6% compare
  2. 119 North Macedonia 7.3% compare
  3. 120 Albania 6.3% compare
  4. 121 Austria 5.8% compare
  5. 121 Bulgaria 5.8% compare
  6. 121 Croatia 5.8% compare
  7. 121 Cyprus 5.8% compare
  8. 121 Czechia 5.8% compare
  9. 121 Denmark 5.8% compare
  10. 121 Estonia 5.8% compare
  11. 121 Finland 5.8% compare
  12. 121 France 5.8% compare
  13. 121 Germany 5.8% compare
  14. 121 Greece 5.8% compare
  15. 121 Hungary 5.8% compare
  16. 121 Ireland 5.8% compare
  17. 121 Italy 5.8% compare
  18. 121 Latvia 5.8% compare
  19. 121 Lithuania 5.8% compare
  20. 121 Malta 5.8% compare
  21. 121 Netherlands 5.8% compare
  22. 121 Poland 5.8% compare
  23. 121 Portugal 5.8% compare
  24. 121 Romania 5.8% compare
  25. 121 Slovakia 5.8% compare
  26. 121 Slovenia 5.8% compare
  27. 121 Spain 5.8% compare
  28. 121 Sweden 5.8% compare
  29. 121 United Kingdom 5.8% compare

See the full ranking of 158 places →

More private sector data for Belgium

All data for Belgium →

Frequently asked questions

What is bound rate, simple mean, primary products in Belgium?
Bound rate, simple mean, primary products in Belgium was 5.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Belgium?
The highest recorded value was 13.7% in 2001.
What is the lowest bound rate, simple mean, primary products recorded in Belgium?
The lowest recorded value was 5.8% in 2017.
How does Belgium rank for bound rate, simple mean, primary products?
Belgium ranks 121st out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Belgium?
Over the last ten years it is down 49.8%. The long-run trend across the full record is falling.
Where does this Belgium 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 — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).