Bound rate, simple mean, primary products in Honduras

Honduras: Bound rate, simple mean, primary products was 33.2% in 2021. ▬ Flat

Latest (2021)
33.2%
Change on year
unchanged
World rank
73rd
of 157 countries
All-time high
33.2%
in 2012
All-time low
33.1%
in 2002
Years of data
23
1995–2021

Bound rate, simple mean, primary products in Honduras, 1995–2021

01020301995200820211995: 33.1 %1996: 33.2 %1997: 33.2 %1998: 33.2 %1999: 33.2 %2000: 33.2 %2001: 33.2 %2002: 33.1 %2003: 33.1 %2004: 33.1 %2005: 33.1 %2006: 33.1 %2007: 33.1 %2008: 33.1 %2009: 33.1 %2010: 33.1 %2011: 33.1 %2012: 33.2 %2013: 33.2 %2015: 33.2 %2018: 33.2 %2020: 33.2 %2021: 33.2 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Honduras is 33.2%, measured in 2021.

The figure is up 0.2% over ten years.

Over the whole period, bound rate, simple mean, primary products in Honduras peaked at 33.2% in 2012 and was at its lowest, 33.1%, in 2002.

That places Honduras 73rd out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.2% 33.1% 33.2% 5
2000s 33.1% 33.1% 33.2% 10
2010s 33.2% 33.1% 33.2% 6
2020s 33.2% 33.2% 33.2% 2

Countries ranked near Honduras

  1. 70 Cuba 33.9% compare
  2. 71 Paraguay 33.7% compare
  3. 72 South Korea 33.5% compare
  4. 74 Argentina 33.0% compare
  5. 75 Nepal 32.9% compare
  6. 76 Philippines 31.8% compare

See the full ranking of 158 places →

More private sector data for Honduras

All data for Honduras →

Frequently asked questions

What is bound rate, simple mean, primary products in Honduras?
Bound rate, simple mean, primary products in Honduras was 33.2% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Honduras?
The highest recorded value was 33.2% in 2012.
What is the lowest bound rate, simple mean, primary products recorded in Honduras?
The lowest recorded value was 33.1% in 2002.
How does Honduras rank for bound rate, simple mean, primary products?
Honduras ranks 73rd out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Honduras?
Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
Where does this Honduras 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).