Bound rate, simple mean, primary products in Belize
Belize: Bound rate, simple mean, primary products was 83.5% in 2021. ▬ Flat
Bound rate, simple mean, primary products in Belize, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, primary products in Belize stood at 83.5%. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 2.3% over ten years.
Over the whole period, bound rate, simple mean, primary products in Belize peaked at 83.5% in 2018 and was at its lowest, 81.5%, in 1996.
That places Belize 26th out of 157 countries with data for 2021, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 81.7% | 81.5% | 81.9% | 2 |
| 2000s | 81.7% | 81.6% | 81.9% | 7 |
| 2010s | 82.9% | 81.6% | 83.5% | 10 |
| 2020s | 83.5% | 83.5% | 83.5% | 2 |
Countries ranked near Belize
More private sector data for Belize
- Merchandise exports 444.00 million current US$ (2025)
- Manufactures exports 3.2% (2025)
- Food exports 95.3% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Manufactures imports 64.2% (2025)
- Food imports 19.3% (2025)
- Merchandise trade 56.4% (2025)
- Commercial service exports 1.16 billion current US$ (2025)
- Transport services 34.6% (2025)
- Computer, communications and other services 23.1% (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Belize?
- Bound rate, simple mean, primary products in Belize was 83.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Belize?
- The highest recorded value was 83.5% in 2018.
- What is the lowest bound rate, simple mean, primary products recorded in Belize?
- The lowest recorded value was 81.5% in 1996.
- How does Belize rank for bound rate, simple mean, primary products?
- Belize ranks 26th out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Belize?
- Over the last ten years it is up 2.3%. The long-run trend across the full record is flat.
- Where does this Belize 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 — 21 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).