Bound rate, simple mean, all products (%) in Namibia
Namibia: Bound rate, simple mean, all products (%) was 19.4% in 2021. ▬ Flat
Bound rate, simple mean, all products in Namibia, 2001–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, all products in Namibia stood at 19.4%. That is the highest value across all 20 years on record.
The figure is up 1.4% over ten years.
Over the whole period, bound rate, simple mean, all products in Namibia peaked at 19.4% in 2017 and was at its lowest, 19.1%, in 2002.
Namibia ranks 88th of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, all products (%) in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 19.2% | — |
| 2002 | 19.1% | -0.7% |
| 2004 | 19.1% | +0.0% |
| 2005 | 19.1% | +0.0% |
| 2006 | 19.1% | +0.0% |
| 2007 | 19.1% | +0.2% |
| 2008 | 19.1% | +0.0% |
| 2009 | 19.1% | +0.0% |
| 2010 | 19.1% | +0.0% |
| 2011 | 19.1% | +0.0% |
| 2012 | 19.3% | +0.9% |
| 2013 | 19.3% | +0.0% |
| 2014 | 19.3% | +0.0% |
| 2015 | 19.3% | +0.0% |
| 2016 | 19.3% | +0.0% |
| 2017 | 19.4% | +0.4% |
| 2018 | 19.4% | +0.0% |
| 2019 | 19.4% | +0.0% |
| 2020 | 19.4% | +0.0% |
| 2021 | 19.4% | +0.0% |
Namibia compared with similar countries
- Namibia's 19.4% is below the median for lower middle income countries, which is 40.1%, 48% of the median. (39 countries reporting)
- Namibia's 19.4% is below the median for Sub-Saharan Africa, which is 48.5%, 40% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.1% | 19.1% | 19.2% | 8 |
| 2010s | 19.3% | 19.1% | 19.4% | 10 |
| 2020s | 19.4% | 19.4% | 19.4% | 2 |
Countries ranked near Namibia
More private sector data for Namibia
- Merchandise trade 102.4% (2025)
- Food imports 13.2% (2024)
- Manufactures imports 60.4% (2024)
- Merchandise imports 8.43 billion current US$ (2025)
- Commercial service imports 2.44 billion current US$ (2024)
- Food exports 28.0% (2024)
- Manufactures exports 18.4% (2024)
- Merchandise exports 7.02 billion current US$ (2025)
- Commercial service exports 1.25 billion current US$ (2024)
- Merchandise exports (current US$), per capita 2,271 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Namibia?
- Bound rate, simple mean, all products in Namibia was 19.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Namibia?
- The highest recorded value was 19.4% in 2017.
- What is the lowest bound rate, simple mean, all products recorded in Namibia?
- The lowest recorded value was 19.1% in 2002.
- How does Namibia rank for bound rate, simple mean, all products?
- Namibia ranks 88th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Namibia?
- Over the last ten years it is up 1.4%. The long-run trend across the full record is flat.
- Where does this Namibia 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 — 20 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.