Costa Rica vs Venezuela: Bound rate, simple mean, primary products (%)
Costa Rica
43.8%
in 2021
Venezuela
45.0%
in 2022
Costa Rica rank
54th
Venezuela rank
51st
Bound rate, simple mean, primary products (%) over time
- Costa Rica
- Venezuela
How they compare
Venezuela currently reports 45.0% against 43.8% in Costa Rica, a difference of 1.2%.
Across all 24 years both countries report, Venezuela has been ahead every year.
Costa Rica ranks 54th and Venezuela ranks 51st of 157 countries.
Venezuela has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Costa Rica | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 43.4% | 45.5% | 2.2% | Venezuela |
| 2000s | 43.6% | 45.5% | 1.9% | Venezuela |
| 2010s | 43.8% | 45.0% | 1.3% | Venezuela |
| 2020s | 43.8% | 45.0% | 1.1% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Costa Rica or Venezuela?
- Venezuela, at 45.0% against 43.8% in Costa Rica as of 2022.
- What is the difference in bound rate, simple mean, primary products between Costa Rica and Venezuela?
- 1.2%, with Venezuela ahead.
- How many years of comparable data are there for Costa Rica and Venezuela?
- 24 years are reported by both, from 1995 to 2021.
- How do Costa Rica and Venezuela rank globally for bound rate, simple mean, primary products?
- Costa Rica ranks 54th and Venezuela ranks 51st 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).