Chile vs Panama: Bound rate, simple mean, primary products
Chile
25.6%
in 2022
Panama
26.9%
in 2021
Chile rank
87th
Panama rank
85th
Bound rate, simple mean, primary products over time
- Chile
- Panama
How they compare
Panama currently reports 26.9% against 25.6% in Chile, a difference of 1.3%.
That makes Panama's figure about 1.1 times Chile's.
Across all 20 years both countries report, Panama has been ahead every year.
Chile ranks 87th and Panama ranks 85th of 157 countries.
Panama has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Chile | Panama | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 25.6% | 27.0% | 1.4% | Panama |
| 2000s | 25.6% | 27.0% | 1.4% | Panama |
| 2010s | 25.6% | 26.9% | 1.3% | Panama |
| 2020s | 25.6% | 26.9% | 1.3% | Panama |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Chile or Panama?
- Panama, at 26.9% against 25.6% in Chile as of 2021.
- What is the difference in bound rate, simple mean, primary products between Chile and Panama?
- 1.3%, with Panama ahead.
- How many years of comparable data are there for Chile and Panama?
- 20 years are reported by both, from 1997 to 2021.
- How do Chile and Panama rank globally for bound rate, simple mean, primary products?
- Chile ranks 87th and Panama ranks 85th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).