Bound rate, simple mean, manufactured products (%) in Barbados
Barbados: Bound rate, simple mean, manufactured products (%) was 73.5% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Barbados, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, manufactured products in Barbados is 73.5%, measured in 2022. That is the highest value across all 16 years on record.
That represents a change of up 0.1% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Barbados peaked at 73.5% in 2020 and was at its lowest, 73.3%, in 1996.
Barbados ranks 10th of 157 countries on this measure, in the top 10%.
Bound rate, simple mean, manufactured products (%) in Barbados, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 73.3% | — |
| 1999 | 73.4% | +0.1% |
| 2000 | 73.4% | +0.0% |
| 2001 | 73.4% | +0.0% |
| 2002 | 73.4% | +0.0% |
| 2003 | 73.4% | +0.0% |
| 2004 | 73.4% | +0.0% |
| 2006 | 73.4% | -0.1% |
| 2007 | 73.4% | +0.0% |
| 2010 | 73.4% | +0.0% |
| 2011 | 73.4% | +0.0% |
| 2012 | 73.4% | +0.0% |
| 2013 | 73.4% | +0.0% |
| 2020 | 73.5% | +0.1% |
| 2021 | 73.5% | +0.0% |
| 2022 | 73.5% | +0.0% |
Barbados compared with similar countries
- Barbados's 73.5% is above the median for high income countries, which is 4.0%, 18.4× the median. (58 countries reporting)
- Barbados's 73.5% is above the median for Latin America & Caribbean, which is 35.2%, 2.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 73.4% | 73.3% | 73.4% | 2 |
| 2000s | 73.4% | 73.4% | 73.4% | 7 |
| 2010s | 73.4% | 73.4% | 73.4% | 4 |
| 2020s | 73.5% | 73.5% | 73.5% | 3 |
Countries ranked near Barbados
- 7 Chad 79.0% compare
- 8 Cameroon 78.5% compare
- 9 Kenya 76.7% compare
- 11 Saint Kitts and Nevis 71.1% compare
- 12 Bangladesh 69.8% compare
- 13 Mozambique 69.4% compare
More private sector data for Barbados
- Merchandise trade 33.1% (2025)
- Food imports 22.4% (2025)
- Manufactures imports 58.9% (2025)
- Merchandise imports 2.23 billion current US$ (2025)
- Commercial service imports 670.92 million current US$ (2017)
- Food exports 43.7% (2025)
- Manufactures exports 41.2% (2025)
- Merchandise exports 428.00 million current US$ (2025)
- Commercial service exports 1.50 billion current US$ (2017)
- Merchandise exports (current US$), per capita 1,514 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Barbados?
- Bound rate, simple mean, manufactured products in Barbados was 73.5% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Barbados?
- The highest recorded value was 73.5% in 2020.
- What is the lowest bound rate, simple mean, manufactured products recorded in Barbados?
- The lowest recorded value was 73.3% in 1996.
- How does Barbados rank for bound rate, simple mean, manufactured products?
- Barbados ranks 10th out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured products rising or falling in Barbados?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- Where does this Barbados data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 16 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.