Bound rate, simple mean, primary products in Mexico

Mexico: Bound rate, simple mean, primary products was 35.0% in 2022. ▬ Flat

Latest (2022)
35.0%
World rank
67th
of 157 countries
All-time high
35.0%
in 2022
All-time low
33.6%
in 2013
Years of data
25
1995–2022

Bound rate, simple mean, primary products in Mexico, 1995–2022

0102030401995200820221995: 34.8 %1996: 34.8 %1997: 34.8 %1998: 34.8 %1999: 34.8 %2000: 34.8 %2001: 34.8 %2002: 33.7 %2003: 33.9 %2004: 33.8 %2005: 33.8 %2006: 33.8 %2007: 33.8 %2008: 33.7 %2009: 33.7 %2010: 33.7 %2011: 33.7 %2012: 33.7 %2013: 33.6 %2014: 33.6 %2015: 35 %2016: 35 %2017: 35 %2018: 35 %2022: 35 %

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

Analysis

Mexico recorded 35.0% for bound rate, simple mean, primary products in 2022. That is the highest value across all 25 years on record.

That represents a change of up 3.9% over ten years.

Over the whole period, bound rate, simple mean, primary products in Mexico peaked at 35.0% in 2022 and was at its lowest, 33.6%, in 2013.

Mexico ranks 67th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 34.8% 34.8% 34.8% 5
2000s 34.0% 33.7% 34.8% 10
2010s 34.3% 33.6% 35.0% 9
2020s 35.0% 35.0% 35.0% 1

Countries ranked near Mexico

  1. 64 Bahrain 38.3% compare
  2. 65 Guinea 37.7% compare
  3. 66 Mauritania 37.4% compare
  4. 68 Uruguay 34.0% compare
  5. 69 Brazil 34.0% compare
  6. 70 Cuba 33.9% compare

See the full ranking of 158 places →

More private sector data for Mexico

All data for Mexico →

Frequently asked questions

What is bound rate, simple mean, primary products in Mexico?
Bound rate, simple mean, primary products in Mexico was 35.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Mexico?
The highest recorded value was 35.0% in 2022.
What is the lowest bound rate, simple mean, primary products recorded in Mexico?
The lowest recorded value was 33.6% in 2013.
How does Mexico rank for bound rate, simple mean, primary products?
Mexico ranks 67th out of 157 countries with data for 2022.
Is bound rate, simple mean, primary products rising or falling in Mexico?
Over the last ten years it is up 3.9%. The long-run trend across the full record is flat.
Where does this Mexico 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).