Bolivia, Plurinational State of vs Nicaragua: Bound rate, simple mean, all products

Bolivia, Plurinational State of
40.0%
in 2022
Nicaragua
41.1%
in 2021
Bolivia, Plurinational State of rank
50th
Nicaragua rank
47th

Bound rate, simple mean, all products over time

  • Bolivia, Plurinational State of
  • Nicaragua
010203040199520082022

How they compare

Nicaragua currently reports 41.1% against 40.0% in Bolivia, Plurinational State of, a difference of 1.1%.

Across all 27 years both countries report, Nicaragua has been ahead every year.

Bolivia, Plurinational State of 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, Plurinational State of 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, Plurinational State of or Nicaragua?
Nicaragua, at 41.1% against 40.0% in Bolivia, Plurinational State of as of 2021.
What is the difference in bound rate, simple mean, all products between Bolivia, Plurinational State of and Nicaragua?
1.1%, with Nicaragua ahead.
How many years of comparable data are there for Bolivia, Plurinational State of and Nicaragua?
27 years are reported by both, from 1995 to 2021.
How do Bolivia, Plurinational State of and Nicaragua rank globally for bound rate, simple mean, all products?
Bolivia, Plurinational State of 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.

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Bolivia, Plurinational State of vs Nicaragua: Bound rate, simple mean, all products. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 01 September 2026, from https://private-sector.statizoid.com/compare/bound-rate-simple-mean-all-products-percent/bolivia/nicaragua/

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About this data

Indicator
Bound rate, simple mean, all 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.