Bound rate, simple mean, primary products in Colombia

Colombia: Bound rate, simple mean, primary products was 65.8% in 2022. ▬ Flat

Latest (2022)
65.8%
Change on year
unchanged
World rank
39th
of 157 countries
All-time high
67.0%
in 1996
All-time low
65.4%
in 2013
Years of data
28
1995–2022

Bound rate, simple mean, primary products in Colombia, 1995–2022

02040601995200820221995: 66.5 %1996: 67 %1997: 67 %1998: 67 %1999: 67 %2000: 67 %2001: 67 %2002: 66.5 %2003: 66.5 %2004: 66.5 %2005: 66.5 %2006: 66.5 %2007: 66.5 %2008: 65.9 %2009: 65.9 %2010: 65.9 %2011: 65.9 %2012: 65.9 %2013: 65.4 %2014: 65.4 %2015: 65.4 %2016: 65.4 %2017: 65.8 %2018: 65.8 %2019: 65.8 %2020: 65.8 %2021: 65.8 %2022: 65.8 %

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

Analysis

In 2022, bound rate, simple mean, primary products in Colombia stood at 65.8%.

That represents a change of down 0.2% over ten years.

Over the whole period, bound rate, simple mean, primary products in Colombia peaked at 67.0% in 1996 and was at its lowest, 65.4%, in 2013.

Colombia ranks 39th of 157 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 66.9% 66.5% 67.0% 5
2000s 66.5% 65.9% 67.0% 10
2010s 65.7% 65.4% 65.9% 10
2020s 65.8% 65.8% 65.8% 3

Countries ranked near Colombia

  1. 36 Jamaica 73.9% compare
  2. 37 Trinidad and Tobago 68.3% compare
  3. 38 Niger 68.1% compare
  4. 40 Egypt 61.3% compare
  5. 41 Benin 58.2% compare
  6. 42 Turkey 57.6% compare

See the full ranking of 158 places →

More private sector data for Colombia

All data for Colombia →

Frequently asked questions

What is bound rate, simple mean, primary products in Colombia?
Bound rate, simple mean, primary products in Colombia was 65.8% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Colombia?
The highest recorded value was 67.0% in 1996.
What is the lowest bound rate, simple mean, primary products recorded in Colombia?
The lowest recorded value was 65.4% in 2013.
How does Colombia rank for bound rate, simple mean, primary products?
Colombia ranks 39th out of 157 countries with data for 2022.
Is bound rate, simple mean, primary products rising or falling in Colombia?
Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
Where does this Colombia 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).