Bound rate, simple mean, all products in Honduras
Honduras: Bound rate, simple mean, all products was 32.1% in 2021. ▬ Flat
Bound rate, simple mean, all products in Honduras, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Honduras recorded 32.1% for bound rate, simple mean, all products in 2021. That is the highest value across all 23 years on record.
The figure is up 0.4% over ten years.
Over the whole period, bound rate, simple mean, all products in Honduras peaked at 32.1% in 2018 and was at its lowest, 31.8%, in 2002.
That places Honduras 62nd out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, all products in Honduras, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 31.9% | — |
| 1996 | 31.9% | -0.1% |
| 1997 | 31.9% | +0.0% |
| 1998 | 31.9% | +0.0% |
| 1999 | 31.9% | +0.0% |
| 2000 | 31.9% | +0.0% |
| 2001 | 31.9% | +0.0% |
| 2002 | 31.8% | -0.1% |
| 2003 | 31.8% | +0.0% |
| 2004 | 31.8% | +0.0% |
| 2005 | 31.8% | +0.0% |
| 2006 | 31.8% | +0.0% |
| 2007 | 32.0% | +0.5% |
| 2008 | 32.0% | +0.0% |
| 2009 | 32.0% | +0.0% |
| 2010 | 32.0% | +0.0% |
| 2011 | 32.0% | +0.0% |
| 2012 | 32.1% | +0.2% |
| 2013 | 32.1% | +0.0% |
| 2015 | 32.1% | +0.0% |
| 2018 | 32.1% | +0.2% |
| 2020 | 32.1% | +0.0% |
| 2021 | 32.1% | +0.0% |
Honduras compared with similar countries
- Honduras's 32.1% is below the median for lower middle income countries, which is 40.1%, 80% of the median. (39 countries reporting)
- Honduras's 32.1% is below the median for Latin America & Caribbean, which is 38.5%, 84% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.9% | 31.9% | 31.9% | 5 |
| 2000s | 31.9% | 31.8% | 32.0% | 10 |
| 2010s | 32.1% | 32.0% | 32.1% | 6 |
| 2020s | 32.1% | 32.1% | 32.1% | 2 |
Countries ranked near Honduras
More private sector data for Honduras
- Merchandise trade 77.4% (2025)
- Food imports 19.5% (2024)
- Manufactures imports 61.5% (2024)
- Merchandise imports 18.64 billion current US$ (2025)
- Food exports 53.5% (2024)
- Manufactures exports 39.1% (2024)
- Merchandise exports 12.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,091 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3031 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 8.31 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Honduras?
- Bound rate, simple mean, all products in Honduras was 32.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Honduras?
- The highest recorded value was 32.1% in 2018.
- What is the lowest bound rate, simple mean, all products recorded in Honduras?
- The lowest recorded value was 31.8% in 2002.
- How does Honduras rank for bound rate, simple mean, all products?
- Honduras ranks 62nd out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Honduras?
- Over the last ten years it is up 0.4%. The long-run trend across the full record is flat.
- Where does this Honduras 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 — 23 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.