Bound rate, simple mean, primary products in Eswatini

Eswatini: Bound rate, simple mean, primary products was 27.4% in 2021. ▬ Flat

Latest (2021)
27.4%
Change on year
unchanged
World rank
84th
of 157 countries
All-time high
27.4%
in 2017
All-time low
26.7%
in 2002
Years of data
20
2001–2021

Bound rate, simple mean, primary products in Eswatini, 2001–2021

01020302001201120212001: 26.9 %2002: 26.7 %2004: 26.7 %2005: 26.7 %2006: 26.7 %2007: 27.1 %2008: 27.1 %2009: 27.1 %2010: 27.1 %2011: 27.1 %2012: 27.2 %2013: 27.2 %2014: 27.2 %2015: 27.2 %2016: 27.2 %2017: 27.4 %2018: 27.4 %2019: 27.4 %2020: 27.4 %2021: 27.4 %

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

Analysis

In 2021, bound rate, simple mean, primary products in Eswatini stood at 27.4%. That is the highest value across all 20 years on record.

The figure is up 1.1% over ten years.

Over the whole period, bound rate, simple mean, primary products in Eswatini peaked at 27.4% in 2017 and was at its lowest, 26.7%, in 2002.

Eswatini ranks 84th of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 26.9% 26.7% 27.1% 8
2010s 27.2% 27.1% 27.4% 10
2020s 27.4% 27.4% 27.4% 2

Countries ranked near Eswatini

  1. 81 Madagascar 29.7% compare
  2. 82 Namibia 27.5% compare
  3. 82 South Africa 27.5% compare
  4. 85 Panama 26.9% compare
  5. 86 Botswana 25.8% compare
  6. 87 Chile 25.6% compare

See the full ranking of 158 places →

More private sector data for Eswatini

All data for Eswatini →

Frequently asked questions

What is bound rate, simple mean, primary products in Eswatini?
Bound rate, simple mean, primary products in Eswatini was 27.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Eswatini?
The highest recorded value was 27.4% in 2017.
What is the lowest bound rate, simple mean, primary products recorded in Eswatini?
The lowest recorded value was 26.7% in 2002.
How does Eswatini rank for bound rate, simple mean, primary products?
Eswatini ranks 84th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Eswatini?
Over the last ten years it is up 1.1%. The long-run trend across the full record is flat.
Where does this Eswatini 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.

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About this data

Indicator
Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).