Bound rate, simple mean, all products in Burkina Faso
Burkina Faso: Bound rate, simple mean, all products was 44.3% in 2021. ▲ Rising
Bound rate, simple mean, all products in Burkina Faso, 2001–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, all products in Burkina Faso stood at 44.3%. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 5.0% over ten years.
Over the whole period, bound rate, simple mean, all products in Burkina Faso peaked at 44.3% in 2017 and was at its lowest, 42.0%, in 2001.
That places Burkina Faso 41st out of 157 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Bound rate, simple mean, all products in Burkina Faso, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 42.0% | — |
| 2002 | 42.0% | +0.0% |
| 2003 | 42.3% | +0.6% |
| 2004 | 42.3% | +0.0% |
| 2005 | 42.3% | +0.0% |
| 2006 | 42.3% | +0.0% |
| 2007 | 42.2% | -0.1% |
| 2008 | 42.2% | +0.0% |
| 2009 | 42.2% | +0.0% |
| 2010 | 42.2% | +0.0% |
| 2011 | 42.2% | +0.0% |
| 2012 | 42.2% | +0.0% |
| 2013 | 42.2% | +0.0% |
| 2014 | 42.2% | +0.0% |
| 2015 | 44.0% | +4.3% |
| 2016 | 44.0% | +0.0% |
| 2017 | 44.3% | +0.6% |
| 2018 | 44.3% | +0.0% |
| 2019 | 44.3% | +0.0% |
| 2020 | 44.3% | +0.0% |
| 2021 | 44.3% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 42.2% | 42.0% | 42.3% | 9 |
| 2010s | 43.2% | 42.2% | 44.3% | 10 |
| 2020s | 44.3% | 44.3% | 44.3% | 2 |
Countries ranked near Burkina Faso
- 38 Guinea-Bissau 48.5% compare
- 39 Sierra Leone 47.3% compare
- 40 Niger 45.2% compare
- 42 Costa Rica 43.0% compare
- 43 Colombia 42.8% compare
- 44 Guatemala 41.7% compare
More private sector data for Burkina Faso
- Merchandise trade 67.5% (2025)
- Food imports 11.2% (2024)
- Manufactures imports 46.9% (2024)
- Merchandise imports 7.57 billion current US$ (2025)
- Food exports 7.1% (2024)
- Manufactures exports 2.7% (2024)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 460.07 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4009 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 96.38 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Burkina Faso?
- Bound rate, simple mean, all products in Burkina Faso was 44.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Burkina Faso?
- The highest recorded value was 44.3% in 2017.
- What is the lowest bound rate, simple mean, all products recorded in Burkina Faso?
- The lowest recorded value was 42.0% in 2001.
- How does Burkina Faso rank for bound rate, simple mean, all products?
- Burkina Faso ranks 41st out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Burkina Faso?
- Over the last ten years it is up 5.0%. The long-run trend across the full record is rising.
- Where does this Burkina Faso 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.
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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.