Bound rate, simple mean, primary products in India
India: Bound rate, simple mean, primary products was 93.3% in 2021. ▬ Flat
Bound rate, simple mean, primary products in India, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, primary products in India is 93.3%, measured in 2021. That is the highest value across all 24 years on record.
Compared with earlier readings it is up 0.2% over ten years.
Over the whole period, bound rate, simple mean, primary products in India peaked at 93.3% in 2015 and was at its lowest, 89.0%, in 2007.
India ranks 21st of 157 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 90.9% | 90.9% | 90.9% | 3 |
| 2000s | 89.4% | 89.0% | 90.9% | 10 |
| 2010s | 92.7% | 89.0% | 93.3% | 9 |
| 2020s | 93.3% | 93.3% | 93.3% | 2 |
Countries ranked near India
- 18 Kenya 96.0% compare
- 19 Saint Kitts and Nevis 94.7% compare
- 20 Burkina Faso 94.0% compare
- 22 Burundi 93.2% compare
- 23 Saint Vincent and the Grenadines 93.1% compare
- 24 Dominica 89.7% compare
More private sector data for India
- Merchandise exports 445.28 billion current US$ (2025)
- Manufactures exports 67.1% (2024)
- Food exports 11.1% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Manufactures imports 46.5% (2024)
- Food imports 5.1% (2024)
- Merchandise trade 30.3% (2025)
- Commercial service exports 411.65 billion current US$ (2025)
- Transport services 16.9% (2025)
- Computer, communications and other services 62.5% (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in India?
- Bound rate, simple mean, primary products in India was 93.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in India?
- The highest recorded value was 93.3% in 2015.
- What is the lowest bound rate, simple mean, primary products recorded in India?
- The lowest recorded value was 89.0% in 2007.
- How does India rank for bound rate, simple mean, primary products?
- India ranks 21st out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in India?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this India 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 — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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).