Bound rate, simple mean, primary products in United States

United States: Bound rate, simple mean, primary products was 4.2% in 2021. ▬ Flat

Latest (2021)
4.2%
Change on year
unchanged
World rank
151st
of 157 countries
All-time high
4.2%
in 2017
All-time low
3.0%
in 2013
Years of data
27
1995–2021

Bound rate, simple mean, primary products in United States, 1995–2021

012341995200820211995: 4.1 %1996: 4.1 %1997: 4.1 %1998: 4.1 %1999: 4.1 %2000: 4.1 %2001: 4.1 %2002: 3.7 %2003: 3.6 %2004: 3.5 %2005: 3.4 %2006: 3.3 %2007: 3.3 %2008: 3.2 %2009: 3.1 %2010: 3.1 %2011: 3.1 %2012: 3 %2013: 3 %2014: 3 %2015: 4.2 %2016: 4.2 %2017: 4.2 %2018: 4.2 %2019: 4.2 %2020: 4.2 %2021: 4.2 %

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

Analysis

In 2021, bound rate, simple mean, primary products in United States stood at 4.2%. That is the highest value across all 27 years on record.

Compared with earlier readings it is up 34.7% over ten years.

Over the whole period, bound rate, simple mean, primary products in United States peaked at 4.2% in 2017 and was at its lowest, 3.0%, in 2013.

United States ranks 151st of 157 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.1% 4.1% 4.1% 5
2000s 3.5% 3.1% 4.1% 10
2010s 3.6% 3.0% 4.2% 10
2020s 4.2% 4.2% 4.2% 2

Countries ranked near United States

  1. 148 Kazakhstan 5.7% compare
  2. 149 Japan 4.9% compare
  3. 150 New Zealand 4.2% compare
  4. 152 Canada 2.7% compare
  5. 153 Australia 2.4% compare
  6. 154 Norway 0.6% compare

See the full ranking of 158 places →

More private sector data for United States

All data for United States →

Frequently asked questions

What is bound rate, simple mean, primary products in United States?
Bound rate, simple mean, primary products in United States was 4.2% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in United States?
The highest recorded value was 4.2% in 2017.
What is the lowest bound rate, simple mean, primary products recorded in United States?
The lowest recorded value was 3.0% in 2013.
How does United States rank for bound rate, simple mean, primary products?
United States ranks 151st out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in United States?
Over the last ten years it is up 34.7%. The long-run trend across the full record is flat.
Where does this United States 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).