Bound rate, simple mean, all products in Seychelles

Seychelles: Bound rate, simple mean, all products was 9.9% in 2022. ▲ Rising

Latest (2022)
9.9%
Change on year
unchanged
World rank
109th
of 157 countries
All-time high
9.9%
in 2018
All-time low
9.4%
in 2015
Years of data
8
2015–2022

Bound rate, simple mean, all products in Seychelles, 2015–2022

02468102015201820222015: 9.4 %2016: 9.4 %2017: 9.4 %2018: 9.9 %2019: 9.9 %2020: 9.9 %2021: 9.9 %2022: 9.9 %

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

Analysis

In 2022, bound rate, simple mean, all products in Seychelles stood at 9.9%. That is the highest value across all 8 years on record.

Compared with earlier readings it is up 4.7% over ten years.

That places Seychelles 109th out of 157 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 9.6% 9.4% 9.9% 5
2020s 9.9% 9.9% 9.9% 3

Countries ranked near Seychelles

  1. 106 Cote d'Ivoire 11.2% compare
  2. 107 Saudi Arabia 10.7% compare
  3. 108 China 10.0% compare
  4. 110 Australia 9.6% compare
  5. 111 New Zealand 9.4% compare
  6. 112 Armenia 8.7% compare

See the full ranking of 158 places →

More private sector data for Seychelles

All data for Seychelles →

Frequently asked questions

What is bound rate, simple mean, all products in Seychelles?
Bound rate, simple mean, all products in Seychelles was 9.9% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Seychelles?
The highest recorded value was 9.9% in 2018.
What is the lowest bound rate, simple mean, all products recorded in Seychelles?
The lowest recorded value was 9.4% in 2015.
How does Seychelles rank for bound rate, simple mean, all products?
Seychelles ranks 109th out of 157 countries with data for 2022.
Is bound rate, simple mean, all products rising or falling in Seychelles?
Over the last ten years it is up 4.7%. The long-run trend across the full record is rising.
Where does this Seychelles 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.