Bound rate, simple mean, primary products in Slovakia
Slovakia: Bound rate, simple mean, primary products was 5.8% in 2021. ▼ Falling
Bound rate, simple mean, primary products in Slovakia, 2004–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, primary products in Slovakia is 5.8%, measured in 2021. That is the lowest value across all 18 years on record.
That represents a change of down 49.8% over ten years.
Over the whole period, bound rate, simple mean, primary products in Slovakia peaked at 13.3% in 2005 and was at its lowest, 5.8%, in 2017.
That places Slovakia 121st out of 157 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.6% | 11.7% | 13.3% | 6 |
| 2010s | 8.6% | 5.8% | 11.7% | 10 |
| 2020s | 5.8% | 5.8% | 5.8% | 2 |
Countries ranked near Slovakia
- 118 Ukraine 7.6% compare
- 119 North Macedonia 7.3% compare
- 120 Albania 6.3% compare
- 121 Austria 5.8% compare
- 121 Belgium 5.8% compare
- 121 Bulgaria 5.8% compare
- 121 Croatia 5.8% compare
- 121 Cyprus 5.8% compare
- 121 Czechia 5.8% compare
- 121 Denmark 5.8% compare
- 121 Estonia 5.8% compare
- 121 Finland 5.8% compare
- 121 France 5.8% compare
- 121 Germany 5.8% compare
- 121 Greece 5.8% compare
- 121 Hungary 5.8% compare
- 121 Ireland 5.8% compare
- 121 Italy 5.8% compare
- 121 Latvia 5.8% compare
- 121 Lithuania 5.8% compare
- 121 Malta 5.8% compare
- 121 Netherlands 5.8% compare
- 121 Poland 5.8% compare
- 121 Portugal 5.8% compare
- 121 Romania 5.8% compare
- 121 Slovenia 5.8% compare
- 121 Spain 5.8% compare
- 121 Sweden 5.8% compare
- 121 United Kingdom 5.8% compare
More private sector data for Slovakia
- Merchandise exports 125.44 billion current US$ (2025)
- Manufactures exports 88.6% (2024)
- Food exports 4.7% (2024)
- Merchandise imports 122.60 billion current US$ (2025)
- Manufactures imports 80.7% (2024)
- Food imports 7.3% (2024)
- Merchandise trade 160.5% (2025)
- Commercial service exports 14.64 billion current US$ (2025)
- Transport services 30.2% (2025)
- Computer, communications and other services 45.7% (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Slovakia?
- Bound rate, simple mean, primary products in Slovakia was 5.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Slovakia?
- The highest recorded value was 13.3% in 2005.
- What is the lowest bound rate, simple mean, primary products recorded in Slovakia?
- The lowest recorded value was 5.8% in 2017.
- How does Slovakia rank for bound rate, simple mean, primary products?
- Slovakia ranks 121st out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Slovakia?
- Over the last ten years it is down 49.8%. The long-run trend across the full record is falling.
- Where does this Slovakia 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 — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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).