Bolivia vs Nicaragua: Bound rate, simple mean, all products (%)
Bolivia
40.0%
in 2022
Nicaragua
41.1%
in 2021
Bolivia rank
50th
Nicaragua rank
47th
Bound rate, simple mean, all products (%) over time
- Bolivia
- Nicaragua
How they compare
Nicaragua currently reports 41.1% against 40.0% in Bolivia, a difference of 1.1%.
Across all 27 years both countries report, Nicaragua has been ahead every year.
Bolivia ranks 50th and Nicaragua ranks 47th of 157 countries.
Nicaragua has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Bolivia | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 40.0% | 40.9% | 0.9% | Nicaragua |
| 2000s | 40.0% | 40.9% | 1.0% | Nicaragua |
| 2010s | 40.0% | 41.1% | 1.1% | Nicaragua |
| 2020s | 40.0% | 41.1% | 1.2% | Nicaragua |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Bolivia or Nicaragua?
- Nicaragua, at 41.1% against 40.0% in Bolivia as of 2021.
- What is the difference in bound rate, simple mean, all products between Bolivia and Nicaragua?
- 1.1%, with Nicaragua ahead.
- How many years of comparable data are there for Bolivia and Nicaragua?
- 27 years are reported by both, from 1995 to 2021.
- How do Bolivia and Nicaragua rank globally for bound rate, simple mean, all products?
- Bolivia ranks 50th and Nicaragua ranks 47th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.