Costa Rica vs Nicaragua: Bound rate, simple mean, primary products
Costa Rica
43.8%
in 2021
Nicaragua
42.2%
in 2021
Costa Rica rank
54th
Nicaragua rank
56th
Bound rate, simple mean, primary products over time
- Costa Rica
- Nicaragua
How they compare
Costa Rica currently reports 43.8% against 42.2% in Nicaragua, a difference of 1.6%.
Across all 25 years both countries report, Costa Rica has been ahead every year.
Costa Rica ranks 54th and Nicaragua ranks 56th of 157 countries.
Costa Rica has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Costa Rica | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 43.3% | 42.1% | 1.2% | Costa Rica |
| 2000s | 43.6% | 42.2% | 1.4% | Costa Rica |
| 2010s | 43.8% | 42.2% | 1.6% | Costa Rica |
| 2020s | 43.8% | 42.2% | 1.6% | Costa Rica |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Costa Rica or Nicaragua?
- Costa Rica, at 43.8% against 42.2% in Nicaragua as of 2021.
- What is the difference in bound rate, simple mean, primary products between Costa Rica and Nicaragua?
- 1.6%, with Costa Rica ahead.
- How many years of comparable data are there for Costa Rica and Nicaragua?
- 25 years are reported by both, from 1995 to 2021.
- How do Costa Rica and Nicaragua rank globally for bound rate, simple mean, primary products?
- Costa Rica ranks 54th and Nicaragua ranks 56th 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).