Bound rate, simple mean, primary products in Jamaica

Jamaica: Bound rate, simple mean, primary products was 73.9% in 2021. ▬ Flat

Latest (2021)
73.9%
Change on year
unchanged
World rank
36th
of 157 countries
All-time high
74.4%
in 1999
All-time low
73.5%
in 2015
Years of data
17
1996–2021

Bound rate, simple mean, primary products in Jamaica, 1996–2021

0204060801996200820211996: 73.9 %1999: 74.4 %2000: 74.4 %2001: 74.4 %2002: 74.4 %2003: 74.4 %2004: 74.2 %2006: 74.2 %2007: 73.9 %2010: 73.9 %2011: 73.9 %2012: 73.9 %2013: 73.9 %2015: 73.5 %2016: 73.5 %2020: 73.9 %2021: 73.9 %

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

Analysis

Jamaica recorded 73.9% for bound rate, simple mean, primary products in 2021.

The figure is up 0.1% over ten years.

Over the whole period, bound rate, simple mean, primary products in Jamaica peaked at 74.4% in 1999 and was at its lowest, 73.5%, in 2015.

That places Jamaica 36th out of 157 countries with data for 2021, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 74.1% 73.9% 74.4% 2
2000s 74.2% 73.9% 74.4% 7
2010s 73.8% 73.5% 73.9% 6
2020s 73.9% 73.9% 73.9% 2

Countries ranked near Jamaica

  1. 33 Grenada 76.6% compare
  2. 34 Uganda 76.4% compare
  3. 35 Guyana 76.3% compare
  4. 37 Trinidad and Tobago 68.3% compare
  5. 38 Niger 68.1% compare
  6. 39 Colombia 65.8% compare

See the full ranking of 158 places →

More private sector data for Jamaica

All data for Jamaica →

Frequently asked questions

What is bound rate, simple mean, primary products in Jamaica?
Bound rate, simple mean, primary products in Jamaica was 73.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Jamaica?
The highest recorded value was 74.4% in 1999.
What is the lowest bound rate, simple mean, primary products recorded in Jamaica?
The lowest recorded value was 73.5% in 2015.
How does Jamaica rank for bound rate, simple mean, primary products?
Jamaica ranks 36th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Jamaica?
Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
Where does this Jamaica 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 — 17 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).