Bound rate, simple mean, primary products in Kuwait

Kuwait: Bound rate, simple mean, primary products was 100.0% in 2022. ▬ Flat

Latest (2022)
100.0%
Change on year
unchanged
World rank
11th
of 157 countries
All-time high
100.0%
in 2002
All-time low
100.0%
in 2002
Years of data
21
2002–2022

Bound rate, simple mean, primary products in Kuwait, 2002–2022

0204060801002002201220222002: 100 %2003: 100 %2004: 100 %2005: 100 %2006: 100 %2007: 100 %2008: 100 %2009: 100 %2010: 100 %2011: 100 %2012: 100 %2013: 100 %2014: 100 %2015: 100 %2016: 100 %2017: 100 %2018: 100 %2019: 100 %2020: 100 %2021: 100 %2022: 100 %

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

Analysis

In 2022, bound rate, simple mean, primary products in Kuwait stood at 100.0%. That is the highest value across all 21 years on record.

The figure is unchanged over ten years.

Over the whole period, bound rate, simple mean, primary products in Kuwait peaked at 100.0% in 2002 and was at its lowest, 100.0%, in 2002.

Kuwait ranks 11th of 157 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 100.0% 100.0% 100.0% 8
2010s 100.0% 100.0% 100.0% 10
2020s 100.0% 100.0% 100.0% 3

Countries ranked near Kuwait

  1. 8 Gambia 106.3% compare
  2. 9 Tunisia 104.7% compare
  3. 10 Malawi 102.5% compare
  4. 11 Mozambique 100.0% compare
  5. 13 Myanmar 99.5% compare
  6. 14 Democratic Republic of Congo 97.8% compare

See the full ranking of 158 places →

More private sector data for Kuwait

All data for Kuwait →

Frequently asked questions

What is bound rate, simple mean, primary products in Kuwait?
Bound rate, simple mean, primary products in Kuwait was 100.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Kuwait?
The highest recorded value was 100.0% in 2002.
What is the lowest bound rate, simple mean, primary products recorded in Kuwait?
The lowest recorded value was 100.0% in 2002.
How does Kuwait rank for bound rate, simple mean, primary products?
Kuwait ranks 11th out of 157 countries with data for 2022.
Is bound rate, simple mean, primary products rising or falling in Kuwait?
Over the last ten years it is unchanged. The long-run trend across the full record is flat.
Where does this Kuwait 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 — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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).