Bound rate, simple mean, all products in Honduras

Honduras: Bound rate, simple mean, all products was 32.1% in 2021. ▬ Flat

Latest (2021)
32.1%
Change on year
unchanged
World rank
62nd
of 157 countries
All-time high
32.1%
in 2018
All-time low
31.8%
in 2002
Years of data
23
1995–2021

Bound rate, simple mean, all products in Honduras, 1995–2021

01020301995200820211995: 31.9 %1996: 31.9 %1997: 31.9 %1998: 31.9 %1999: 31.9 %2000: 31.9 %2001: 31.9 %2002: 31.8 %2003: 31.8 %2004: 31.8 %2005: 31.8 %2006: 31.8 %2007: 32 %2008: 32 %2009: 32 %2010: 32 %2011: 32 %2012: 32.1 %2013: 32.1 %2015: 32.1 %2018: 32.1 %2020: 32.1 %2021: 32.1 %

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 59 Dominican Republic 34.5% compare
  2. 60 Paraguay 33.5% compare
  3. 61 Papua New Guinea 32.5% compare
  4. 63 Argentina 31.8% compare
  5. 64 Sri Lanka 31.7% compare
  6. 65 Uruguay 31.7% compare

See the full ranking of 158 places →

More private sector data for Honduras

All data for Honduras →

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.

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About this data

Indicator
Bound rate, simple mean, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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.