Bound rate, simple mean, all products in Kuwait
Kuwait: Bound rate, simple mean, all products was 98.2% in 2022. ▬ Flat
Bound rate, simple mean, all products in Kuwait, 2002–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, all products in Kuwait stood at 98.2%.
The figure is down 0.1% on the previous year and down 0.0% over ten years.
Over the whole period, bound rate, simple mean, all products in Kuwait peaked at 98.3% in 2017 and was at its lowest, 97.8%, in 2003.
Kuwait ranks 6th of 157 countries on this measure, in the top 10%.
Bound rate, simple mean, all products in Kuwait, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 98.0% | — |
| 2003 | 97.8% | -0.2% |
| 2004 | 97.8% | +0.0% |
| 2005 | 97.8% | +0.0% |
| 2006 | 97.8% | +0.0% |
| 2007 | 98.2% | +0.5% |
| 2008 | 98.2% | +0.0% |
| 2009 | 98.2% | +0.0% |
| 2010 | 98.2% | +0.0% |
| 2011 | 98.2% | +0.0% |
| 2012 | 98.3% | +0.0% |
| 2013 | 98.3% | +0.0% |
| 2014 | 98.3% | +0.0% |
| 2015 | 98.3% | +0.0% |
| 2016 | 98.3% | +0.0% |
| 2017 | 98.3% | +0.1% |
| 2018 | 98.3% | +0.0% |
| 2019 | 98.3% | +0.0% |
| 2020 | 98.3% | +0.0% |
| 2021 | 98.3% | +0.0% |
| 2022 | 98.2% | -0.1% |
Kuwait compared with similar countries
- Kuwait's 98.2% is above the median for high income countries, which is 4.4%, 22.4× the median. (58 countries reporting)
- Kuwait's 98.2% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 29.0%, 3.4× the median. (14 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 98.0% | 97.8% | 98.2% | 8 |
| 2010s | 98.3% | 98.2% | 98.3% | 10 |
| 2020s | 98.3% | 98.2% | 98.3% | 3 |
Countries ranked near Kuwait
More private sector data for Kuwait
- Merchandise trade 72.3% (2025)
- Food imports 17.5% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 41.61 billion current US$ (2025)
- Food exports 0.6% (2024)
- Manufactures exports 8.1% (2024)
- Merchandise exports 72.07 billion current US$ (2025)
- Merchandise exports (current US$), per capita 14,814 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4585 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -4.09 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Kuwait?
- Bound rate, simple mean, all products in Kuwait was 98.2% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Kuwait?
- The highest recorded value was 98.3% in 2017.
- What is the lowest bound rate, simple mean, all products recorded in Kuwait?
- The lowest recorded value was 97.8% in 2003.
- How does Kuwait rank for bound rate, simple mean, all products?
- Kuwait ranks 6th out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Kuwait?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Kuwait 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.