Bound rate, simple mean, primary products in Fiji

Fiji: Bound rate, simple mean, primary products was 40.4% in 2021. ▼ Falling

Latest (2021)
40.4%
Change on year
unchanged
World rank
59th
of 157 countries
All-time high
47.8%
in 2007
All-time low
40.4%
in 2015
Years of data
16
2003–2021

Bound rate, simple mean, primary products in Fiji, 2003–2021

010203040502003201220212003: 40.4 %2004: 40.4 %2006: 40.4 %2007: 47.8 %2008: 47.6 %2009: 46.7 %2010: 46.2 %2011: 45.7 %2012: 45.1 %2013: 45 %2015: 40.4 %2017: 40.4 %2018: 40.4 %2019: 40.4 %2020: 40.4 %2021: 40.4 %

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

Analysis

In 2021, bound rate, simple mean, primary products in Fiji stood at 40.4%.

Compared with earlier readings it is down 11.5% over ten years.

Over the whole period, bound rate, simple mean, primary products in Fiji peaked at 47.8% in 2007 and was at its lowest, 40.4%, in 2015.

That places Fiji 59th out of 157 countries with data for 2021, putting it in the middle of the range.

The long-run direction has been consistently falling across the 16 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 43.9% 40.4% 47.8% 6
2010s 43.0% 40.4% 46.2% 8
2020s 40.4% 40.4% 40.4% 2

Countries ranked near Fiji

  1. 56 Nicaragua 42.2% compare
  2. 57 El Salvador 41.5% compare
  3. 58 Papua New Guinea 41.2% compare
  4. 60 Maldives 40.1% compare
  5. 61 Bolivia 40.0% compare
  6. 62 Dominican Republic 38.9% compare

See the full ranking of 158 places →

More private sector data for Fiji

All data for Fiji →

Frequently asked questions

What is bound rate, simple mean, primary products in Fiji?
Bound rate, simple mean, primary products in Fiji was 40.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Fiji?
The highest recorded value was 47.8% in 2007.
What is the lowest bound rate, simple mean, primary products recorded in Fiji?
The lowest recorded value was 40.4% in 2015.
How does Fiji rank for bound rate, simple mean, primary products?
Fiji ranks 59th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Fiji?
Over the last ten years it is down 11.5%. The long-run trend across the full record is falling.
Where does this Fiji 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 — 16 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).