Bound rate, simple mean, primary products in Cape Verde
Cape Verde: Bound rate, simple mean, primary products was 16.9% in 2022. ▲ Rising
Bound rate, simple mean, primary products in Cape Verde, 2008–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, primary products in Cape Verde stood at 16.9%.
Compared with earlier readings it is up 5.0% over ten years.
Over the whole period, bound rate, simple mean, primary products in Cape Verde peaked at 17.0% in 2013 and was at its lowest, 16.1%, in 2008.
Cape Verde ranks 103rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 11 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 16.1% | 16.1% | 16.1% | 2 |
| 2010s | 16.6% | 16.1% | 17.0% | 6 |
| 2020s | 16.9% | 16.9% | 16.9% | 3 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise exports 96.00 million current US$ (2025)
- Manufactures exports 13.6% (2024)
- Food exports 86.4% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Manufactures imports 50.8% (2024)
- Food imports 32.6% (2024)
- Merchandise trade 70.0% (2025)
- Commercial service exports 916.28 million current US$ (2025)
- Transport services 31.7% (2025)
- Computer, communications and other services 34.6% (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Cape Verde?
- Bound rate, simple mean, primary products in Cape Verde was 16.9% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Cape Verde?
- The highest recorded value was 17.0% in 2013.
- What is the lowest bound rate, simple mean, primary products recorded in Cape Verde?
- The lowest recorded value was 16.1% in 2008.
- How does Cape Verde rank for bound rate, simple mean, primary products?
- Cape Verde ranks 103rd out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary products rising or falling in Cape Verde?
- Over the last ten years it is up 5.0%. The long-run trend across the full record is rising.
- Where does this Cape Verde 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 — 11 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).