Bound rate, simple mean, primary products in Solomon Islands

Solomon Islands: Bound rate, simple mean, primary products was 76.9% in 2021. ▬ Flat

Latest (2021)
76.9%
Change on year
unchanged
World rank
32nd
of 157 countries
All-time high
77.1%
in 2015
All-time low
75.2%
in 2008
Years of data
13
2006–2021

Bound rate, simple mean, primary products in Solomon Islands, 2006–2021

0204060802006201320212006: 75.4 %2007: 75.4 %2008: 75.2 %2010: 75.5 %2011: 75.5 %2013: 75.3 %2015: 77.1 %2016: 77.1 %2017: 77.1 %2018: 77.1 %2019: 76.9 %2020: 76.9 %2021: 76.9 %

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

Analysis

Solomon Islands recorded 76.9% for bound rate, simple mean, primary products in 2021.

The figure is up 1.8% over ten years.

Over the whole period, bound rate, simple mean, primary products in Solomon Islands peaked at 77.1% in 2015 and was at its lowest, 75.2%, in 2008.

That places Solomon Islands 32nd out of 157 countries with data for 2021, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 75.3% 75.2% 75.4% 3
2010s 76.5% 75.3% 77.1% 8
2020s 76.9% 76.9% 76.9% 2

Countries ranked near Solomon Islands

  1. 30 Cameroon 80.0% compare
  2. 31 Pakistan 77.8% compare
  3. 33 Grenada 76.6% compare
  4. 34 Uganda 76.4% compare
  5. 35 Guyana 76.3% compare

See the full ranking of 158 places →

More private sector data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is bound rate, simple mean, primary products in Solomon Islands?
Bound rate, simple mean, primary products in Solomon Islands was 76.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Solomon Islands?
The highest recorded value was 77.1% in 2015.
What is the lowest bound rate, simple mean, primary products recorded in Solomon Islands?
The lowest recorded value was 75.2% in 2008.
How does Solomon Islands rank for bound rate, simple mean, primary products?
Solomon Islands ranks 32nd out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Solomon Islands?
Over the last ten years it is up 1.8%. The long-run trend across the full record is flat.
Where does this Solomon Islands 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).