Bound rate, simple mean, primary products in Sri Lanka

Sri Lanka: Bound rate, simple mean, primary products was 47.6% in 2021. ▬ Flat

Latest (2021)
47.6%
Change on year
unchanged
World rank
47th
of 157 countries
All-time high
47.9%
in 2012
All-time low
47.1%
in 1997
Years of data
21
1997–2021

Bound rate, simple mean, primary products in Sri Lanka, 1997–2021

010203040501997200920211997: 47.1 %1998: 47.2 %2000: 47.2 %2001: 47.2 %2003: 47.5 %2004: 47.4 %2005: 47.3 %2006: 47.3 %2007: 47.4 %2008: 47.4 %2009: 47.4 %2010: 47.4 %2011: 47.4 %2012: 47.9 %2014: 47.9 %2015: 47.6 %2017: 47.6 %2018: 47.6 %2019: 47.6 %2020: 47.6 %2021: 47.6 %

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

Analysis

Sri Lanka recorded 47.6% for bound rate, simple mean, primary products in 2021.

The figure is up 0.5% over ten years.

Over the whole period, bound rate, simple mean, primary products in Sri Lanka peaked at 47.9% in 2012 and was at its lowest, 47.1%, in 1997.

That places Sri Lanka 47th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 47.1% 47.1% 47.2% 2
2000s 47.4% 47.2% 47.5% 9
2010s 47.6% 47.4% 47.9% 8
2020s 47.6% 47.6% 47.6% 2

Countries ranked near Sri Lanka

  1. 44 Angola 56.3% compare
  2. 45 Israel 55.9% compare
  3. 46 Guatemala 47.9% compare
  4. 48 Morocco 47.4% compare
  5. 49 Vanuatu 46.0% compare
  6. 50 Djibouti 45.2% compare

See the full ranking of 158 places →

More private sector data for Sri Lanka

All data for Sri Lanka →

Frequently asked questions

What is bound rate, simple mean, primary products in Sri Lanka?
Bound rate, simple mean, primary products in Sri Lanka was 47.6% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Sri Lanka?
The highest recorded value was 47.9% in 2012.
What is the lowest bound rate, simple mean, primary products recorded in Sri Lanka?
The lowest recorded value was 47.1% in 1997.
How does Sri Lanka rank for bound rate, simple mean, primary products?
Sri Lanka ranks 47th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Sri Lanka?
Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
Where does this Sri Lanka 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).