Bound rate, simple mean, primary products in China

China: Bound rate, simple mean, primary products was 11.4% in 2021. ▬ Flat

Latest (2021)
11.4%
Change on year
unchanged
World rank
110th
of 157 countries
All-time high
11.4%
in 2017
All-time low
11.3%
in 2002
Years of data
19
2001–2021

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

02.557.51012.52001201120212001: 11.3 %2002: 11.3 %2003: 11.3 %2004: 11.3 %2005: 11.3 %2006: 11.3 %2007: 11.3 %2008: 11.3 %2009: 11.3 %2010: 11.3 %2011: 11.3 %2014: 11.4 %2015: 11.4 %2016: 11.4 %2017: 11.4 %2018: 11.4 %2019: 11.4 %2020: 11.4 %2021: 11.4 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in China is 11.4%, measured in 2021. That is the highest value across all 19 years on record.

The figure is up 1.3% over ten years.

Over the whole period, bound rate, simple mean, primary products in China peaked at 11.4% in 2017 and was at its lowest, 11.3%, in 2002.

China ranks 110th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.3% 11.3% 11.3% 9
2010s 11.4% 11.3% 11.4% 8
2020s 11.4% 11.4% 11.4% 2

Countries ranked near China

  1. 107 Armenia 11.9% compare
  2. 108 Malaysia 11.8% compare
  3. 109 Saudi Arabia 11.8% compare
  4. 111 Kyrgyzstan 10.0% compare
  5. 112 Singapore 9.4% compare
  6. 113 Georgia 8.8% compare

See the full ranking of 158 places →

More private sector data for China

All data for China →

Frequently asked questions

What is bound rate, simple mean, primary products in China?
Bound rate, simple mean, primary products in China was 11.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in China?
The highest recorded value was 11.4% in 2017.
What is the lowest bound rate, simple mean, primary products recorded in China?
The lowest recorded value was 11.3% in 2002.
How does China rank for bound rate, simple mean, primary products?
China ranks 110th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in China?
Over the last ten years it is up 1.3%. The long-run trend across the full record is flat.
Where does this China 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).