Bound rate, simple mean, primary products in Vanuatu

Vanuatu: Bound rate, simple mean, primary products was 46.0% in 2021. ▬ Flat

Latest (2021)
46.0%
Change on year
unchanged
World rank
49th
of 157 countries
All-time high
46.0%
in 2015
All-time low
45.0%
in 2012
Years of data
6
2012–2021

Bound rate, simple mean, primary products in Vanuatu, 2012–2021

010203040502012201620212012: 45 %2015: 46 %2016: 46 %2017: 46 %2020: 46 %2021: 46 %

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

Analysis

In 2021, bound rate, simple mean, primary products in Vanuatu stood at 46.0%.

Compared with earlier readings it is up 2.1% over ten years.

Over the whole period, bound rate, simple mean, primary products in Vanuatu peaked at 46.0% in 2015 and was at its lowest, 45.0%, in 2012.

Vanuatu ranks 49th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 45.8% 45.0% 46.0% 4
2020s 46.0% 46.0% 46.0% 2

Countries ranked near Vanuatu

  1. 46 Guatemala 47.9% compare
  2. 47 Sri Lanka 47.6% compare
  3. 48 Morocco 47.4% compare
  4. 50 Djibouti 45.2% compare
  5. 51 Venezuela 45.0% compare
  6. 52 Sierra Leone 44.8% compare

See the full ranking of 158 places →

More private sector data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is bound rate, simple mean, primary products in Vanuatu?
Bound rate, simple mean, primary products in Vanuatu was 46.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Vanuatu?
The highest recorded value was 46.0% in 2015.
What is the lowest bound rate, simple mean, primary products recorded in Vanuatu?
The lowest recorded value was 45.0% in 2012.
How does Vanuatu rank for bound rate, simple mean, primary products?
Vanuatu ranks 49th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Vanuatu?
Over the last ten years it is up 2.1%. The long-run trend across the full record is flat.
Where does this Vanuatu 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 — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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).