Bound rate, simple mean, primary products in Sierra Leone

Sierra Leone: Bound rate, simple mean, primary products was 44.8% in 2021. ▬ Flat

Latest (2021)
44.8%
Change on year
unchanged
World rank
52nd
of 157 countries
All-time high
44.8%
in 2020
All-time low
44.7%
in 2004
Years of data
7
2004–2021

Bound rate, simple mean, primary products in Sierra Leone, 2004–2021

0102030402004201220212004: 44.7 %2006: 44.7 %2010: 44.8 %2011: 44.8 %2012: 44.8 %2020: 44.8 %2021: 44.8 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Sierra Leone is 44.8%, measured in 2021. That is the highest value across all 7 years on record.

That represents a change of up 0.1% over ten years.

Over the whole period, bound rate, simple mean, primary products in Sierra Leone peaked at 44.8% in 2020 and was at its lowest, 44.7%, in 2004.

That places Sierra Leone 52nd out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 44.7% 44.7% 44.7% 2
2010s 44.8% 44.8% 44.8% 3
2020s 44.8% 44.8% 44.8% 2

Countries ranked near Sierra Leone

  1. 49 Vanuatu 46.0% compare
  2. 50 Djibouti 45.2% compare
  3. 51 Venezuela 45.0% compare
  4. 53 Guinea-Bissau 44.6% compare
  5. 54 Costa Rica 43.8% compare
  6. 55 Indonesia 43.2% compare

See the full ranking of 158 places →

More private sector data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is bound rate, simple mean, primary products in Sierra Leone?
Bound rate, simple mean, primary products in Sierra Leone was 44.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Sierra Leone?
The highest recorded value was 44.8% in 2020.
What is the lowest bound rate, simple mean, primary products recorded in Sierra Leone?
The lowest recorded value was 44.7% in 2004.
How does Sierra Leone rank for bound rate, simple mean, primary products?
Sierra Leone ranks 52nd out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Sierra Leone?
Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
Where does this Sierra Leone 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).