Cuba vs Panama: Bound rate, simple mean, all products
Cuba
21.8%
in 2022
Panama
23.0%
in 2021
Cuba rank
83rd
Panama rank
80th
Bound rate, simple mean, all products over time
- Cuba
- Panama
How they compare
Panama currently reports 23.0% against 21.8% in Cuba, a difference of 1.2%.
That makes Panama's figure about 1.1 times Cuba's.
Across all 20 years both countries report, Panama has been ahead every year.
Cuba ranks 83rd and Panama ranks 80th of 157 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Cuba | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.8% | 22.9% | 3.1% | Panama |
| 2000s | 20.2% | 22.8% | 2.6% | Panama |
| 2010s | 21.1% | 22.9% | 1.9% | Panama |
| 2020s | 21.8% | 23.0% | 1.2% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Cuba or Panama?
- Panama, at 23.0% against 21.8% in Cuba as of 2021.
- What is the difference in bound rate, simple mean, all products between Cuba and Panama?
- 1.2%, with Panama ahead.
- How many years of comparable data are there for Cuba and Panama?
- 20 years are reported by both, from 1997 to 2021.
- How do Cuba and Panama rank globally for bound rate, simple mean, all products?
- Cuba ranks 83rd and Panama ranks 80th 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.