Bound rate, simple mean, primary products in Zimbabwe

Zimbabwe: Bound rate, simple mean, primary products was 111.9% in 2021. ▼ Falling

Latest (2021)
111.9%
World rank
7th
of 157 countries
All-time high
122.0%
in 1997
All-time low
111.6%
in 2015
Years of data
15
1996–2021

Bound rate, simple mean, primary products in Zimbabwe, 1996–2021

02550751001251996200820211996: 121.1 %1997: 122 %1998: 122 %1999: 122 %2000: 122 %2001: 122 %2002: 121.3 %2003: 121.3 %2007: 117 %2010: 117 %2011: 118.3 %2012: 118.3 %2015: 111.6 %2016: 111.6 %2021: 111.9 %

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

Analysis

In 2021, bound rate, simple mean, primary products in Zimbabwe stood at 111.9%.

Compared with earlier readings it is down 5.5% over ten years.

Over the whole period, bound rate, simple mean, primary products in Zimbabwe peaked at 122.0% in 1997 and was at its lowest, 111.6%, in 2015.

That places Zimbabwe 7th out of 157 countries with data for 2021, putting it in the top 10%.

The long-run direction has been consistently falling across the 15 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 121.8% 121.1% 122.0% 4
2000s 120.7% 117.0% 122.0% 5
2010s 115.4% 111.6% 118.3% 5
2020s 111.9% 111.9% 111.9% 1

Countries ranked near Zimbabwe

  1. 4 Zambia 120.4% compare
  2. 5 Tanzania 120.0% compare
  3. 6 Mauritius 119.2% compare
  4. 8 Gambia 106.3% compare
  5. 9 Tunisia 104.7% compare
  6. 10 Malawi 102.5% compare

See the full ranking of 158 places →

More private sector data for Zimbabwe

All data for Zimbabwe →

Frequently asked questions

What is bound rate, simple mean, primary products in Zimbabwe?
Bound rate, simple mean, primary products in Zimbabwe was 111.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Zimbabwe?
The highest recorded value was 122.0% in 1997.
What is the lowest bound rate, simple mean, primary products recorded in Zimbabwe?
The lowest recorded value was 111.6% in 2015.
How does Zimbabwe rank for bound rate, simple mean, primary products?
Zimbabwe ranks 7th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Zimbabwe?
Over the last ten years it is down 5.5%. The long-run trend across the full record is falling.
Where does this Zimbabwe 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 — 15 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).