Guinea-Bissau vs Nicaragua: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Guinea-Bissau
- Nicaragua
How they compare
Guinea-Bissau currently reports 44.6% against 42.2% in Nicaragua, a difference of 2.4%.
That makes Guinea-Bissau's figure about 1.1 times Nicaragua's.
Across all 19 years both countries report, Guinea-Bissau has been ahead every year.
Guinea-Bissau ranks 53rd and Nicaragua ranks 56th of 157 countries.
Guinea-Bissau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 44.4% | 42.1% | 2.2% | Guinea-Bissau |
| 2010s | 44.5% | 42.2% | 2.3% | Guinea-Bissau |
| 2020s | 44.6% | 42.2% | 2.4% | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Guinea-Bissau or Nicaragua?
- Guinea-Bissau, at 44.6% against 42.2% in Nicaragua as of 2021.
- What is the difference in bound rate, simple mean, primary products between Guinea-Bissau and Nicaragua?
- 2.4%, with Guinea-Bissau ahead.
- How many years of comparable data are there for Guinea-Bissau and Nicaragua?
- 19 years are reported by both, from 2001 to 2021.
- How do Guinea-Bissau and Nicaragua rank globally for bound rate, simple mean, primary products?
- Guinea-Bissau ranks 53rd 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).