Bound rate, simple mean, primary products in Senegal

Senegal: Bound rate, simple mean, primary products was 29.9% in 2021. ▬ Flat

Latest (2021)
29.9%
Change on year
unchanged
World rank
80th
of 157 countries
All-time high
29.9%
in 2001
All-time low
29.9%
in 2015
Years of data
21
2001–2021

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

01020302001201120212001: 29.9 %2002: 29.9 %2003: 29.9 %2004: 29.9 %2005: 29.9 %2006: 29.9 %2007: 29.9 %2008: 29.9 %2009: 29.9 %2010: 29.9 %2011: 29.9 %2012: 29.9 %2013: 29.9 %2014: 29.9 %2015: 29.9 %2016: 29.9 %2017: 29.9 %2018: 29.9 %2019: 29.9 %2020: 29.9 %2021: 29.9 %

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

Analysis

Senegal recorded 29.9% for bound rate, simple mean, primary products in 2021. That is the lowest value across all 21 years on record.

That represents a change of down 0.0% over ten years.

Over the whole period, bound rate, simple mean, primary products in Senegal peaked at 29.9% in 2001 and was at its lowest, 29.9%, in 2015.

That places Senegal 80th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 29.9% 29.9% 29.9% 9
2010s 29.9% 29.9% 29.9% 10
2020s 29.9% 29.9% 29.9% 2

Countries ranked near Senegal

  1. 77 Central African Republic 30.6% compare
  2. 78 Peru 30.5% compare
  3. 79 Congo 30.0% compare
  4. 81 Madagascar 29.7% compare
  5. 82 Namibia 27.5% compare
  6. 82 South Africa 27.5% compare

See the full ranking of 158 places →

More private sector data for Senegal

All data for Senegal →

Frequently asked questions

What is bound rate, simple mean, primary products in Senegal?
Bound rate, simple mean, primary products in Senegal was 29.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Senegal?
The highest recorded value was 29.9% in 2001.
What is the lowest bound rate, simple mean, primary products recorded in Senegal?
The lowest recorded value was 29.9% in 2015.
How does Senegal rank for bound rate, simple mean, primary products?
Senegal ranks 80th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Senegal?
Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
Where does this Senegal 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).