Bound rate, simple mean, primary products in Guinea

Guinea: Bound rate, simple mean, primary products was 37.7% in 2021. ▬ Flat

Latest (2021)
37.7%
Change on year
unchanged
World rank
65th
of 157 countries
All-time high
38.0%
in 2005
All-time low
37.7%
in 1998
Years of data
12
1998–2021

Bound rate, simple mean, primary products in Guinea, 1998–2021

0102030401998200920211998: 37.7 %2004: 37.7 %2005: 38 %2008: 38 %2009: 38 %2010: 38 %2012: 38 %2017: 37.7 %2018: 37.7 %2019: 37.7 %2020: 37.7 %2021: 37.7 %

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

Analysis

Guinea recorded 37.7% for bound rate, simple mean, primary products in 2021. That is the lowest value across all 12 years on record.

The figure is down 0.8% over ten years.

Over the whole period, bound rate, simple mean, primary products in Guinea peaked at 38.0% in 2005 and was at its lowest, 37.7%, in 1998.

Guinea ranks 65th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 37.7% 37.7% 37.7% 1
2000s 37.9% 37.7% 38.0% 4
2010s 37.8% 37.7% 38.0% 5
2020s 37.7% 37.7% 37.7% 2

Countries ranked near Guinea

  1. 62 Dominican Republic 38.9% compare
  2. 63 Gabon 38.4% compare
  3. 64 Bahrain 38.3% compare
  4. 66 Mauritania 37.4% compare
  5. 67 Mexico 35.0% compare
  6. 68 Uruguay 34.0% compare

See the full ranking of 158 places →

More private sector data for Guinea

All data for Guinea →

Frequently asked questions

What is bound rate, simple mean, primary products in Guinea?
Bound rate, simple mean, primary products in Guinea was 37.7% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Guinea?
The highest recorded value was 38.0% in 2005.
What is the lowest bound rate, simple mean, primary products recorded in Guinea?
The lowest recorded value was 37.7% in 1998.
How does Guinea rank for bound rate, simple mean, primary products?
Guinea ranks 65th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Guinea?
Over the last ten years it is down 0.8%. The long-run trend across the full record is flat.
Where does this Guinea 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 — 12 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).