Bound rate, simple mean, primary products in Brunei

Brunei: Bound rate, simple mean, primary products was 23.0% in 2022. ▲ Rising

Latest (2022)
23.0%
Change on year
unchanged
World rank
92nd
of 157 countries
All-time high
32.0%
in 2009
All-time low
22.4%
in 1996
Years of data
24
1996–2022

Bound rate, simple mean, primary products in Brunei, 1996–2022

01020301996200920221996: 22.4 %1997: 22.4 %1998: 22.4 %1999: 22.4 %2000: 22.4 %2001: 22.4 %2002: 22.4 %2003: 22.4 %2004: 22.5 %2005: 22.5 %2006: 22.5 %2007: 31.8 %2008: 31.9 %2009: 32 %2010: 31.9 %2011: 31.9 %2014: 31.4 %2016: 23.1 %2017: 23 %2018: 23 %2019: 23 %2020: 23 %2021: 23 %2022: 23 %

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

Analysis

Brunei recorded 23.0% for bound rate, simple mean, primary products in 2022.

The figure is down 27.7% over ten years.

Over the whole period, bound rate, simple mean, primary products in Brunei peaked at 32.0% in 2009 and was at its lowest, 22.4%, in 1996.

That places Brunei 92nd out of 157 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 22.4% 22.4% 22.4% 4
2000s 25.3% 22.4% 32.0% 10
2010s 26.8% 23.0% 31.9% 7
2020s 23.0% 23.0% 23.0% 3

Countries ranked near Brunei

  1. 89 Thailand 25.3% compare
  2. 90 Cambodia 24.8% compare
  3. 91 Ecuador 23.6% compare
  4. 93 Iceland 22.6% compare
  5. 94 Oman 22.5% compare
  6. 95 Qatar 21.4% compare

See the full ranking of 158 places →

More private sector data for Brunei

All data for Brunei →

Frequently asked questions

What is bound rate, simple mean, primary products in Brunei?
Bound rate, simple mean, primary products in Brunei was 23.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Brunei?
The highest recorded value was 32.0% in 2009.
What is the lowest bound rate, simple mean, primary products recorded in Brunei?
The lowest recorded value was 22.4% in 1996.
How does Brunei rank for bound rate, simple mean, primary products?
Brunei ranks 92nd out of 157 countries with data for 2022.
Is bound rate, simple mean, primary products rising or falling in Brunei?
Over the last ten years it is down 27.7%. The long-run trend across the full record is rising.
Where does this Brunei 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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CSV · JSON — 24 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).