Bound rate, simple mean, primary products in Laos
Laos: Bound rate, simple mean, primary products was 21.1% in 2022. ▬ Flat
Bound rate, simple mean, primary products in Laos, 2014–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, primary products in Laos stood at 21.1%. That is the lowest value across all 9 years on record.
The figure is down 0.5% over ten years.
Over the whole period, bound rate, simple mean, primary products in Laos peaked at 21.2% in 2014 and was at its lowest, 21.1%, in 2019.
That places Laos 96th out of 157 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.1% | 21.1% | 21.2% | 6 |
| 2020s | 21.1% | 21.1% | 21.1% | 3 |
Countries ranked near Laos
More private sector data for Laos
- Merchandise exports 12.38 billion current US$ (2025)
- Manufactures exports 32.8% (2023)
- Food exports 23.2% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Manufactures imports 61.7% (2023)
- Food imports 12.7% (2023)
- Merchandise trade 124.1% (2025)
- Commercial service exports 1.73 billion current US$ (2024)
- Transport services 27.6% (2024)
- Computer, communications and other services 6.0% (2024)
Frequently asked questions
- What is bound rate, simple mean, primary products in Laos?
- Bound rate, simple mean, primary products in Laos was 21.1% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Laos?
- The highest recorded value was 21.2% in 2014.
- What is the lowest bound rate, simple mean, primary products recorded in Laos?
- The lowest recorded value was 21.1% in 2019.
- How does Laos rank for bound rate, simple mean, primary products?
- Laos ranks 96th out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary products rising or falling in Laos?
- Over the last ten years it is down 0.5%. The long-run trend across the full record is flat.
- Where does this Laos 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 — 9 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).