Bound rate, simple mean, all products in Belize
Belize: Bound rate, simple mean, all products was 59.3% in 2021. ▬ Flat
Bound rate, simple mean, all products in Belize, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Belize is 59.3%, measured in 2021. That is the highest value across all 21 years on record.
The figure is up 1.7% over ten years.
Over the whole period, bound rate, simple mean, all products in Belize peaked at 59.3% in 2018 and was at its lowest, 58.3%, in 2009.
That places Belize 29th out of 157 countries with data for 2021, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 58.4% | 58.4% | 58.4% | 2 |
| 2000s | 58.4% | 58.3% | 58.4% | 7 |
| 2010s | 59.0% | 58.3% | 59.3% | 10 |
| 2020s | 59.3% | 59.3% | 59.3% | 2 |
Countries ranked near Belize
More private sector data for Belize
- Merchandise trade 56.4% (2025)
- Food imports 19.3% (2025)
- Manufactures imports 64.2% (2025)
- Merchandise imports 1.43 billion current US$ (2025)
- Food exports 95.3% (2025)
- Manufactures exports 3.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Commercial service exports 1.16 billion current US$ (2025)
- Transport services 34.6% (2025)
- Computer, communications and other services 23.1% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Belize?
- Bound rate, simple mean, all products in Belize was 59.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Belize?
- The highest recorded value was 59.3% in 2018.
- What is the lowest bound rate, simple mean, all products recorded in Belize?
- The lowest recorded value was 58.3% in 2009.
- How does Belize rank for bound rate, simple mean, all products?
- Belize ranks 29th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Belize?
- Over the last ten years it is up 1.7%. The long-run trend across the full record is flat.
- Where does this Belize data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.