Bound rate, simple mean, primary products in Dominican Republic

Dominican Republic: Bound rate, simple mean, primary products was 38.9% in 2021. ▬ Flat

Latest (2021)
38.9%
Change on year
unchanged
World rank
62nd
of 157 countries
All-time high
38.9%
in 2012
All-time low
38.5%
in 1997
Years of data
23
1996–2021

Bound rate, simple mean, primary products in Dominican Republic, 1996–2021

0102030401996200820211996: 38.7 %1997: 38.5 %1998: 38.7 %1999: 38.7 %2000: 38.5 %2001: 38.7 %2002: 38.7 %2003: 38.7 %2004: 38.7 %2005: 38.7 %2006: 38.7 %2007: 38.8 %2008: 38.8 %2010: 38.8 %2011: 38.8 %2012: 38.9 %2013: 38.9 %2015: 38.9 %2016: 38.9 %2017: 38.9 %2018: 38.9 %2020: 38.9 %2021: 38.9 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Dominican Republic is 38.9%, measured in 2021.

Compared with earlier readings it is up 0.2% over ten years.

Over the whole period, bound rate, simple mean, primary products in Dominican Republic peaked at 38.9% in 2012 and was at its lowest, 38.5%, in 1997.

Dominican Republic ranks 62nd of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 38.6% 38.5% 38.7% 4
2000s 38.7% 38.5% 38.8% 9
2010s 38.9% 38.8% 38.9% 8
2020s 38.9% 38.9% 38.9% 2

Countries ranked near Dominican Republic

  1. 59 Fiji 40.4% compare
  2. 60 Maldives 40.1% compare
  3. 61 Bolivia 40.0% compare
  4. 63 Gabon 38.4% compare
  5. 64 Bahrain 38.3% compare
  6. 65 Guinea 37.7% compare

See the full ranking of 158 places →

More private sector data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is bound rate, simple mean, primary products in Dominican Republic?
Bound rate, simple mean, primary products in Dominican Republic was 38.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Dominican Republic?
The highest recorded value was 38.9% in 2012.
What is the lowest bound rate, simple mean, primary products recorded in Dominican Republic?
The lowest recorded value was 38.5% in 1997.
How does Dominican Republic rank for bound rate, simple mean, primary products?
Dominican Republic ranks 62nd out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Dominican Republic?
Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
Where does this Dominican Republic 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).