Bound rate, simple mean, all products in Lithuania

Lithuania: Bound rate, simple mean, all products was 4.4% in 2021. ▼ Falling

Latest (2021)
4.4%
Change on year
unchanged
World rank
125th
of 157 countries
All-time high
6.3%
in 2005
All-time low
4.4%
in 2015
Years of data
18
2004–2021

Bound rate, simple mean, all products in Lithuania, 2004–2021

02462004201220212004: 6.1 %2005: 6.3 %2006: 6.2 %2007: 6.2 %2008: 5.9 %2009: 5.9 %2010: 5.9 %2011: 5.8 %2012: 6 %2013: 5.9 %2014: 5.9 %2015: 4.4 %2016: 4.4 %2017: 4.4 %2018: 4.4 %2019: 4.4 %2020: 4.4 %2021: 4.4 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

The most recent figure for bound rate, simple mean, all products in Lithuania is 4.4%, measured in 2021. That is the lowest value across all 18 years on record.

Compared with earlier readings it is down 24.7% over ten years.

Over the whole period, bound rate, simple mean, all products in Lithuania peaked at 6.3% in 2005 and was at its lowest, 4.4%, in 2015.

Lithuania ranks 125th of 157 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.1% 5.9% 6.3% 6
2010s 5.2% 4.4% 6.0% 10
2020s 4.4% 4.4% 4.4% 2

Countries ranked near Lithuania

  1. 122 Ukraine 5.8% compare
  2. 123 Montenegro 5.3% compare
  3. 124 Canada 4.9% compare
  4. 125 Austria 4.4% compare
  5. 125 Belgium 4.4% compare
  6. 125 Bulgaria 4.4% compare
  7. 125 Croatia 4.4% compare
  8. 125 Cyprus 4.4% compare
  9. 125 Czechia 4.4% compare
  10. 125 Denmark 4.4% compare
  11. 125 Estonia 4.4% compare
  12. 125 Finland 4.4% compare
  13. 125 France 4.4% compare
  14. 125 Germany 4.4% compare
  15. 125 Greece 4.4% compare
  16. 125 Hungary 4.4% compare
  17. 125 Italy 4.4% compare
  18. 125 Latvia 4.4% compare
  19. 125 Netherlands 4.4% compare
  20. 125 Poland 4.4% compare
  21. 125 Portugal 4.4% compare
  22. 125 Romania 4.4% compare
  23. 125 Slovakia 4.4% compare
  24. 125 Slovenia 4.4% compare
  25. 125 Spain 4.4% compare
  26. 125 Sweden 4.4% compare
  27. 125 United Kingdom 4.4% compare

See the full ranking of 158 places →

More private sector data for Lithuania

All data for Lithuania →

Frequently asked questions

What is bound rate, simple mean, all products in Lithuania?
Bound rate, simple mean, all products in Lithuania was 4.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Lithuania?
The highest recorded value was 6.3% in 2005.
What is the lowest bound rate, simple mean, all products recorded in Lithuania?
The lowest recorded value was 4.4% in 2015.
How does Lithuania rank for bound rate, simple mean, all products?
Lithuania ranks 125th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Lithuania?
Over the last ten years it is down 24.7%. The long-run trend across the full record is falling.
Where does this Lithuania 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 — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.