Bound rate, simple mean, primary products in Uruguay

Uruguay: Bound rate, simple mean, primary products was 34.0% in 2022. ▬ Flat

Latest (2022)
34.0%
Change on year
unchanged
World rank
68th
of 157 countries
All-time high
34.0%
in 2017
All-time low
33.8%
in 1995
Years of data
27
1995–2022

Bound rate, simple mean, primary products in Uruguay, 1995–2022

01020301995200820221995: 33.8 %1996: 33.8 %1997: 33.8 %1998: 33.8 %1999: 33.8 %2000: 33.8 %2001: 33.8 %2002: 33.9 %2004: 33.9 %2005: 33.9 %2006: 33.9 %2007: 33.9 %2008: 33.8 %2009: 33.8 %2010: 33.8 %2011: 33.8 %2012: 33.8 %2013: 33.9 %2014: 33.9 %2015: 33.9 %2016: 33.9 %2017: 34 %2018: 34 %2019: 34 %2020: 34 %2021: 34 %2022: 34 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Uruguay is 34.0%, measured in 2022. That is the highest value across all 27 years on record.

The figure is up 0.7% over ten years.

Over the whole period, bound rate, simple mean, primary products in Uruguay peaked at 34.0% in 2017 and was at its lowest, 33.8%, in 1995.

Uruguay ranks 68th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.8% 33.8% 33.8% 5
2000s 33.8% 33.8% 33.9% 9
2010s 33.9% 33.8% 34.0% 10
2020s 34.0% 34.0% 34.0% 3

Countries ranked near Uruguay

  1. 65 Guinea 37.7% compare
  2. 66 Mauritania 37.4% compare
  3. 67 Mexico 35.0% compare
  4. 69 Brazil 34.0% compare
  5. 70 Cuba 33.9% compare
  6. 71 Paraguay 33.7% compare

See the full ranking of 158 places →

More private sector data for Uruguay

All data for Uruguay →

Frequently asked questions

What is bound rate, simple mean, primary products in Uruguay?
Bound rate, simple mean, primary products in Uruguay was 34.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Uruguay?
The highest recorded value was 34.0% in 2017.
What is the lowest bound rate, simple mean, primary products recorded in Uruguay?
The lowest recorded value was 33.8% in 1995.
How does Uruguay rank for bound rate, simple mean, primary products?
Uruguay ranks 68th out of 157 countries with data for 2022.
Is bound rate, simple mean, primary products rising or falling in Uruguay?
Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
Where does this Uruguay 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).