Bound rate, simple mean, all products in Cuba
Cuba: Bound rate, simple mean, all products was 21.8% in 2022. ▲ Rising
Bound rate, simple mean, all products in Cuba, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, all products in Cuba stood at 21.8%. That is the highest value across all 25 years on record.
That represents a change of up 4.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Cuba peaked at 21.8% in 2019 and was at its lowest, 19.8%, in 1996.
Cuba ranks 83rd of 157 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Bound rate, simple mean, all products in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 19.8% | — |
| 1997 | 19.8% | +0.0% |
| 1998 | 19.8% | +0.0% |
| 1999 | 19.8% | +0.0% |
| 2000 | 19.8% | +0.0% |
| 2001 | 19.8% | +0.0% |
| 2002 | 19.8% | +0.0% |
| 2003 | 20.4% | +3.0% |
| 2004 | 20.4% | +0.0% |
| 2005 | 20.4% | +0.0% |
| 2006 | 20.4% | +0.0% |
| 2007 | 20.4% | +0.0% |
| 2008 | 20.4% | +0.0% |
| 2009 | 20.9% | +2.7% |
| 2010 | 20.9% | +0.0% |
| 2011 | 20.9% | +0.0% |
| 2012 | 20.9% | +0.0% |
| 2013 | 20.9% | +0.0% |
| 2015 | 21.6% | +3.4% |
| 2016 | 21.6% | +0.0% |
| 2017 | 21.6% | +0.0% |
| 2019 | 21.8% | +0.7% |
| 2020 | 21.8% | +0.0% |
| 2021 | 21.8% | +0.0% |
| 2022 | 21.8% | +0.0% |
Cuba compared with similar countries
- Cuba's 21.8% is below the median for upper middle income countries, which is 25.4%, 86% of the median. (45 countries reporting)
- Cuba's 21.8% is below the median for Latin America & Caribbean, which is 38.5%, 57% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.8% | 19.8% | 19.8% | 4 |
| 2000s | 20.2% | 19.8% | 20.9% | 10 |
| 2010s | 21.3% | 20.9% | 21.8% | 8 |
| 2020s | 21.8% | 21.8% | 21.8% | 3 |
Countries ranked near Cuba
More private sector data for Cuba
- Merchandise trade 8.3% (2020)
- Food imports 25.2% (2022)
- Manufactures imports 38.3% (2022)
- Merchandise imports 8.75 billion current US$ (2025)
- Food exports 30.7% (2022)
- Manufactures exports 7.8% (2022)
- Merchandise exports 1.62 billion current US$ (2025)
- Merchandise exports (current US$), per capita 148.12 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0159 current US$ per US$ of GDP (2020)
- Merchandise exports (current US$), annual growth rate 0.809 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Cuba?
- Bound rate, simple mean, all products in Cuba was 21.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Cuba?
- The highest recorded value was 21.8% in 2019.
- What is the lowest bound rate, simple mean, all products recorded in Cuba?
- The lowest recorded value was 19.8% in 1996.
- How does Cuba rank for bound rate, simple mean, all products?
- Cuba ranks 83rd out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Cuba?
- Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
- Where does this Cuba 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 — 25 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.