Lesotho vs Nigeria: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Lesotho
- Nigeria
How they compare
Nigeria currently reports 146.8% against 133.6% in Lesotho, a difference of 13.2%.
That makes Nigeria's figure about 1.1 times Lesotho's.
Across all 13 years both countries report, Nigeria has been ahead every year.
Lesotho ranks 3rd and Nigeria ranks 2nd of 157 countries.
Nigeria has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Lesotho | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 135.4% | 145.8% | 10.4% | Nigeria |
| 2010s | 133.3% | 146.2% | 12.9% | Nigeria |
| 2020s | 133.6% | 146.8% | 13.2% | Nigeria |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Lesotho or Nigeria?
- Nigeria, at 146.8% against 133.6% in Lesotho as of 2021.
- What is the difference in bound rate, simple mean, primary products between Lesotho and Nigeria?
- 13.2%, with Nigeria ahead.
- How many years of comparable data are there for Lesotho and Nigeria?
- 13 years are reported by both, from 2001 to 2021.
- How do Lesotho and Nigeria rank globally for bound rate, simple mean, primary products?
- Lesotho ranks 3rd and Nigeria ranks 2nd 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).