Guinea-Bissau vs Venezuela: Bound rate, simple mean, primary products (%)
Guinea-Bissau
44.6%
in 2021
Venezuela
45.0%
in 2022
Guinea-Bissau rank
53rd
Venezuela rank
51st
Bound rate, simple mean, primary products (%) over time
- Guinea-Bissau
- Venezuela
How they compare
Venezuela currently reports 45.0% against 44.6% in Guinea-Bissau, a difference of 0.4%.
Across all 19 years both countries report, Venezuela has been ahead every year.
Guinea-Bissau ranks 53rd and Venezuela ranks 51st of 157 countries.
Venezuela has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 44.4% | 45.4% | 1.0% | Venezuela |
| 2010s | 44.5% | 45.1% | 0.6% | Venezuela |
| 2020s | 44.6% | 45.0% | 0.4% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Guinea-Bissau or Venezuela?
- Venezuela, at 45.0% against 44.6% in Guinea-Bissau as of 2022.
- What is the difference in bound rate, simple mean, primary products between Guinea-Bissau and Venezuela?
- 0.4%, with Venezuela ahead.
- How many years of comparable data are there for Guinea-Bissau and Venezuela?
- 19 years are reported by both, from 2001 to 2021.
- How do Guinea-Bissau and Venezuela rank globally for bound rate, simple mean, primary products?
- Guinea-Bissau ranks 53rd 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).