Bound rate, simple mean, primary products in Botswana

Botswana: Bound rate, simple mean, primary products was 25.8% in 2021. ▬ Flat

Latest (2021)
25.8%
Change on year
unchanged
World rank
86th
of 157 countries
All-time high
25.8%
in 2017
All-time low
25.2%
in 2002
Years of data
20
2001–2021

Bound rate, simple mean, primary products in Botswana, 2001–2021

01020302001201120212001: 25.4 %2002: 25.2 %2004: 25.2 %2005: 25.2 %2006: 25.2 %2007: 25.5 %2008: 25.5 %2009: 25.5 %2010: 25.5 %2011: 25.5 %2012: 25.6 %2013: 25.6 %2014: 25.6 %2015: 25.6 %2016: 25.6 %2017: 25.8 %2018: 25.8 %2019: 25.8 %2020: 25.8 %2021: 25.8 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Botswana is 25.8%, measured in 2021. That is the highest value across all 20 years on record.

That represents a change of up 1.2% over ten years.

Over the whole period, bound rate, simple mean, primary products in Botswana peaked at 25.8% in 2017 and was at its lowest, 25.2%, in 2002.

Botswana ranks 86th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 25.4% 25.2% 25.5% 8
2010s 25.7% 25.5% 25.8% 10
2020s 25.8% 25.8% 25.8% 2

Countries ranked near Botswana

  1. 84 Eswatini 27.4% compare
  2. 85 Panama 26.9% compare
  3. 87 Chile 25.6% compare
  4. 88 Samoa 25.3% compare
  5. 89 Thailand 25.3% compare

See the full ranking of 158 places →

More private sector data for Botswana

All data for Botswana →

Frequently asked questions

What is bound rate, simple mean, primary products in Botswana?
Bound rate, simple mean, primary products in Botswana was 25.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Botswana?
The highest recorded value was 25.8% in 2017.
What is the lowest bound rate, simple mean, primary products recorded in Botswana?
The lowest recorded value was 25.2% in 2002.
How does Botswana rank for bound rate, simple mean, primary products?
Botswana ranks 86th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Botswana?
Over the last ten years it is up 1.2%. The long-run trend across the full record is flat.
Where does this Botswana 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.

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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).