Iceland vs Laos: Bound rate, simple mean, primary products (%)
Iceland
22.6%
in 2021
Laos
21.1%
in 2022
Iceland rank
93rd
Laos rank
96th
Bound rate, simple mean, primary products (%) over time
- Iceland
- Laos
How they compare
Iceland currently reports 22.6% against 21.1% in Laos, a difference of 1.5%.
That makes Iceland's figure about 1.1 times Laos's.
Across all 6 years both countries report, Iceland has been ahead every year.
Iceland ranks 93rd and Laos 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 | Laos | 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 Laos?
- Iceland, at 22.6% against 21.1% in Laos as of 2021.
- What is the difference in bound rate, simple mean, primary products between Iceland and Laos?
- 1.5%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Laos?
- 6 years are reported by both, from 2014 to 2021.
- How do Iceland and Laos rank globally for bound rate, simple mean, primary products?
- Iceland ranks 93rd and Laos 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).