Bound rate, simple mean, primary products in Oman

Oman: Bound rate, simple mean, primary products was 22.5% in 2021. ▬ Flat

Latest (2021)
22.5%
Change on year
unchanged
World rank
94th
of 157 countries
All-time high
22.6%
in 2001
All-time low
22.4%
in 2012
Years of data
19
2001–2021

Bound rate, simple mean, primary products in Oman, 2001–2021

05101520252001201120212001: 22.6 %2002: 22.6 %2003: 22.4 %2004: 22.4 %2005: 22.4 %2006: 22.4 %2007: 22.5 %2008: 22.5 %2009: 22.5 %2012: 22.4 %2013: 22.4 %2014: 22.4 %2015: 22.4 %2016: 22.4 %2017: 22.5 %2018: 22.5 %2019: 22.5 %2020: 22.5 %2021: 22.5 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Oman is 22.5%, measured in 2021.

That represents a change of up 0.4% over ten years.

Over the whole period, bound rate, simple mean, primary products in Oman peaked at 22.6% in 2001 and was at its lowest, 22.4%, in 2012.

Oman ranks 94th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 22.5% 22.4% 22.6% 9
2010s 22.4% 22.4% 22.5% 8
2020s 22.5% 22.5% 22.5% 2

Countries ranked near Oman

  1. 91 Ecuador 23.6% compare
  2. 92 Brunei 23.0% compare
  3. 93 Iceland 22.6% compare
  4. 95 Qatar 21.4% compare
  5. 96 Laos 21.1% compare
  6. 97 United Arab Emirates 20.5% compare

See the full ranking of 158 places →

More private sector data for Oman

All data for Oman →

Frequently asked questions

What is bound rate, simple mean, primary products in Oman?
Bound rate, simple mean, primary products in Oman was 22.5% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Oman?
The highest recorded value was 22.6% in 2001.
What is the lowest bound rate, simple mean, primary products recorded in Oman?
The lowest recorded value was 22.4% in 2012.
How does Oman rank for bound rate, simple mean, primary products?
Oman ranks 94th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Oman?
Over the last ten years it is up 0.4%. The long-run trend across the full record is flat.
Where does this Oman 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 — 19 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).