Vanuatu vs Venezuela: Bound rate, simple mean, primary products (%)
Vanuatu
46.0%
in 2021
Venezuela
45.0%
in 2022
Vanuatu rank
49th
Venezuela rank
51st
Bound rate, simple mean, primary products (%) over time
- Vanuatu
- Venezuela
How they compare
Vanuatu currently reports 46.0% against 45.0% in Venezuela, a difference of 1.0%.
The two have swapped places 1 time across 6 shared years of data; in 2012 it was Venezuela ahead.
Vanuatu ranks 49th and Venezuela ranks 51st of 157 countries.
Vanuatu has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Vanuatu | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 45.8% | 45.0% | 0.8% | Vanuatu |
| 2020s | 46.0% | 45.0% | 1.0% | Vanuatu |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Vanuatu or Venezuela?
- Vanuatu, at 46.0% against 45.0% in Venezuela as of 2021.
- What is the difference in bound rate, simple mean, primary products between Vanuatu and Venezuela?
- 1.0%, with Vanuatu ahead.
- How many years of comparable data are there for Vanuatu and Venezuela?
- 6 years are reported by both, from 2012 to 2021.
- How do Vanuatu and Venezuela rank globally for bound rate, simple mean, primary products?
- Vanuatu ranks 49th 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).