Iceland vs Lao People's Democratic Republic: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Iceland
- Lao People's Democratic Republic
How they compare
Iceland currently reports 22.6% against 21.1% in Lao People's Democratic Republic, a difference of 1.5%.
That makes Iceland's figure about 1.1 times Lao People's Democratic Republic's.
Across all 6 years both countries report, Iceland has been ahead every year.
Iceland ranks 93rd and Lao People's Democratic Republic ranks 96th of 157 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 31.4% | 21.1% | 10.2% | Iceland |
| 2020s | 22.6% | 21.1% | 1.5% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Iceland or Lao People's Democratic Republic?
- Iceland, at 22.6% against 21.1% in Lao People's Democratic Republic as of 2021.
- What is the difference in bound rate, simple mean, primary products between Iceland and Lao People's Democratic Republic?
- 1.5%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Lao People's Democratic Republic?
- 6 years are reported by both, from 2014 to 2021.
- How do Iceland and Lao People's Democratic Republic rank globally for bound rate, simple mean, primary products?
- Iceland ranks 93rd and Lao People's Democratic Republic ranks 96th 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).