Morocco vs Venezuela: Bound rate, simple mean, primary products (%)
Bound rate, simple mean, primary products (%) over time
- Morocco
- Venezuela
How they compare
Morocco currently reports 47.4% against 45.0% in Venezuela, a difference of 2.4%.
That makes Morocco's figure about 1.1 times Venezuela's.
Across all 20 years both countries report, Morocco has been ahead every year.
Morocco ranks 48th and Venezuela ranks 51st of 157 countries.
Morocco has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Morocco | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 48.0% | 45.6% | 2.4% | Morocco |
| 2000s | 47.7% | 45.4% | 2.3% | Morocco |
| 2010s | 47.5% | 45.0% | 2.5% | Morocco |
| 2020s | 47.4% | 45.0% | 2.4% | Morocco |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Morocco or Venezuela?
- Morocco, at 47.4% against 45.0% in Venezuela as of 2021.
- What is the difference in bound rate, simple mean, primary products between Morocco and Venezuela?
- 2.4%, with Morocco ahead.
- How many years of comparable data are there for Morocco and Venezuela?
- 20 years are reported by both, from 1997 to 2021.
- How do Morocco and Venezuela rank globally for bound rate, simple mean, primary products?
- Morocco ranks 48th 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).