Bound rate, simple mean, primary products in North Macedonia

North Macedonia: Bound rate, simple mean, primary products was 7.3% in 2021. ▼ Falling

Latest (2021)
7.3%
Change on year
unchanged
World rank
119th
of 157 countries
All-time high
7.9%
in 2007
All-time low
7.2%
in 2015
Years of data
18
2004–2021

Bound rate, simple mean, primary products in North Macedonia, 2004–2021

024682004201220212004: 7.3 %2005: 7.3 %2006: 7.3 %2007: 7.9 %2008: 7.9 %2009: 7.9 %2010: 7.9 %2011: 7.9 %2012: 7.8 %2013: 7.8 %2014: 7.8 %2015: 7.2 %2016: 7.2 %2017: 7.3 %2018: 7.3 %2019: 7.3 %2020: 7.3 %2021: 7.3 %

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

Analysis

North Macedonia recorded 7.3% for bound rate, simple mean, primary products in 2021.

Compared with earlier readings it is down 8.0% over ten years.

Over the whole period, bound rate, simple mean, primary products in North Macedonia peaked at 7.9% in 2007 and was at its lowest, 7.2%, in 2015.

North Macedonia ranks 119th of 157 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7.6% 7.3% 7.9% 6
2010s 7.6% 7.2% 7.9% 10
2020s 7.3% 7.3% 7.3% 2

Countries ranked near North Macedonia

  1. 116 Moldova 8.1% compare
  2. 117 Montenegro 7.9% compare
  3. 118 Ukraine 7.6% compare
  4. 120 Albania 6.3% compare
  5. 121 Austria 5.8% compare
  6. 121 Belgium 5.8% compare
  7. 121 Bulgaria 5.8% compare
  8. 121 Croatia 5.8% compare
  9. 121 Cyprus 5.8% compare
  10. 121 Czechia 5.8% compare
  11. 121 Denmark 5.8% compare
  12. 121 Estonia 5.8% compare
  13. 121 Finland 5.8% compare
  14. 121 France 5.8% compare
  15. 121 Germany 5.8% compare
  16. 121 Greece 5.8% compare
  17. 121 Hungary 5.8% compare
  18. 121 Ireland 5.8% compare
  19. 121 Italy 5.8% compare
  20. 121 Latvia 5.8% compare
  21. 121 Lithuania 5.8% compare
  22. 121 Malta 5.8% compare
  23. 121 Netherlands 5.8% compare
  24. 121 Poland 5.8% compare
  25. 121 Portugal 5.8% compare
  26. 121 Romania 5.8% compare
  27. 121 Slovakia 5.8% compare
  28. 121 Slovenia 5.8% compare
  29. 121 Spain 5.8% compare
  30. 121 Sweden 5.8% compare
  31. 121 United Kingdom 5.8% compare

See the full ranking of 158 places →

More private sector data for North Macedonia

All data for North Macedonia →

Frequently asked questions

What is bound rate, simple mean, primary products in North Macedonia?
Bound rate, simple mean, primary products in North Macedonia was 7.3% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in North Macedonia?
The highest recorded value was 7.9% in 2007.
What is the lowest bound rate, simple mean, primary products recorded in North Macedonia?
The lowest recorded value was 7.2% in 2015.
How does North Macedonia rank for bound rate, simple mean, primary products?
North Macedonia ranks 119th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in North Macedonia?
Over the last ten years it is down 8.0%. The long-run trend across the full record is falling.
Where does this North Macedonia 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).