Bound rate, simple mean, primary products in Canada
Canada: Bound rate, simple mean, primary products was 2.7% in 2021. ▲ Rising
Bound rate, simple mean, primary products in Canada, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Canada recorded 2.7% for bound rate, simple mean, primary products in 2021.
That represents a change of down 61.2% over ten years.
Over the whole period, bound rate, simple mean, primary products in Canada peaked at 7.2% in 2007 and was at its lowest, 2.7%, in 2015.
Canada ranks 152nd of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Bound rate, simple mean, primary products in Canada, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 2.8% | — |
| 1996 | 2.8% | -0.7% |
| 1997 | 2.8% | +0.0% |
| 1998 | 2.8% | +0.0% |
| 1999 | 2.8% | +0.0% |
| 2000 | 2.8% | +0.0% |
| 2001 | 2.8% | +0.0% |
| 2002 | 2.8% | +0.0% |
| 2003 | 2.8% | +0.0% |
| 2004 | 2.8% | +0.0% |
| 2005 | 2.8% | +0.0% |
| 2006 | 2.8% | +0.0% |
| 2007 | 7.2% | +160.9% |
| 2008 | 7.1% | -1.5% |
| 2009 | 7.0% | -1.1% |
| 2010 | 7.0% | +0.1% |
| 2011 | 7.0% | +0.3% |
| 2012 | 6.7% | -4.3% |
| 2013 | 6.7% | -1.0% |
| 2014 | 6.7% | -0.3% |
| 2015 | 2.7% | -59.1% |
| 2016 | 2.7% | +0.0% |
| 2017 | 2.7% | +0.4% |
| 2018 | 2.7% | +0.0% |
| 2019 | 2.7% | +0.0% |
| 2020 | 2.7% | +0.0% |
| 2021 | 2.7% | +0.0% |
Canada compared with similar countries
- Canada's 2.7% is below the median for high income countries, which is 5.8%, 47% of the median. (58 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.8% | 2.8% | 2.8% | 5 |
| 2000s | 4.1% | 2.8% | 7.2% | 10 |
| 2010s | 4.8% | 2.7% | 7.0% | 10 |
| 2020s | 2.7% | 2.7% | 2.7% | 2 |
Countries ranked near Canada
- 149 Japan 4.9% compare
- 150 New Zealand 4.2% compare
- 151 United States 4.2% compare
- 153 Australia 2.4% compare
- 154 Norway 0.6% compare
- 155 Hong Kong 0.0%
- 155 Macao 0.0%
- 155 Switzerland 0.0% compare
More private sector data for Canada
- Merchandise trade 48.8% (2025)
- Food imports 9.2% (2024)
- Manufactures imports 75.5% (2024)
- Merchandise imports 577.44 billion current US$ (2025)
- Food exports 13.5% (2024)
- Manufactures exports 42.3% (2024)
- Merchandise exports 554.68 billion current US$ (2025)
- Merchandise exports (current US$), per capita 13,317 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2391 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -2.3 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Canada?
- Bound rate, simple mean, primary products in Canada was 2.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Canada?
- The highest recorded value was 7.2% in 2007.
- What is the lowest bound rate, simple mean, primary products recorded in Canada?
- The lowest recorded value was 2.7% in 2015.
- How does Canada rank for bound rate, simple mean, primary products?
- Canada ranks 152nd out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Canada?
- Over the last ten years it is down 61.2%. The long-run trend across the full record is rising.
- Where does this Canada data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).