Bound rate, simple mean, primary products in Costa Rica

Costa Rica: Bound rate, simple mean, primary products was 43.8% in 2021. ▬ Flat

Latest (2021)
43.8%
Change on year
unchanged
World rank
54th
of 157 countries
All-time high
43.8%
in 2018
All-time low
43.1%
in 1995
Years of data
25
1995–2021

Bound rate, simple mean, primary products in Costa Rica, 1995–2021

0102030401995200820211995: 43.1 %1996: 43.1 %1997: 43.5 %1998: 43.5 %1999: 43.5 %2000: 43.5 %2001: 43.5 %2002: 43.6 %2003: 43.6 %2004: 43.6 %2005: 43.6 %2006: 43.6 %2007: 43.7 %2008: 43.7 %2009: 43.7 %2010: 43.7 %2011: 43.7 %2012: 43.8 %2013: 43.8 %2014: 43.8 %2016: 43.8 %2018: 43.8 %2019: 43.8 %2020: 43.8 %2021: 43.8 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Costa Rica is 43.8%, measured in 2021. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 0.3% over ten years.

Over the whole period, bound rate, simple mean, primary products in Costa Rica peaked at 43.8% in 2018 and was at its lowest, 43.1%, in 1995.

That places Costa Rica 54th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 43.3% 43.1% 43.5% 5
2000s 43.6% 43.5% 43.7% 10
2010s 43.8% 43.7% 43.8% 8
2020s 43.8% 43.8% 43.8% 2

Countries ranked near Costa Rica

  1. 51 Venezuela 45.0% compare
  2. 52 Sierra Leone 44.8% compare
  3. 53 Guinea-Bissau 44.6% compare
  4. 55 Indonesia 43.2% compare
  5. 56 Nicaragua 42.2% compare
  6. 57 El Salvador 41.5% compare

See the full ranking of 158 places →

More private sector data for Costa Rica

All data for Costa Rica →

Frequently asked questions

What is bound rate, simple mean, primary products in Costa Rica?
Bound rate, simple mean, primary products in Costa Rica was 43.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Costa Rica?
The highest recorded value was 43.8% in 2018.
What is the lowest bound rate, simple mean, primary products recorded in Costa Rica?
The lowest recorded value was 43.1% in 1995.
How does Costa Rica rank for bound rate, simple mean, primary products?
Costa Rica ranks 54th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Costa Rica?
Over the last ten years it is up 0.3%. The long-run trend across the full record is flat.
Where does this Costa Rica 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 — 25 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).