Bound rate, simple mean, primary products in South Africa

South Africa: Bound rate, simple mean, primary products was 27.5% in 2021. ▬ Flat

Latest (2021)
27.5%
Change on year
unchanged
World rank
82nd
of 157 countries
All-time high
27.5%
in 2017
All-time low
26.1%
in 1996
Years of data
25
1996–2021

Bound rate, simple mean, primary products in South Africa, 1996–2021

01020301996200820211996: 26.1 %1997: 27 %1999: 27 %2000: 27 %2001: 27 %2002: 26.9 %2003: 26.9 %2004: 26.9 %2005: 26.9 %2006: 26.9 %2007: 27.2 %2008: 27.2 %2009: 27.2 %2010: 27.2 %2011: 27.2 %2012: 27.3 %2013: 27.3 %2014: 27.3 %2015: 27.3 %2016: 27.3 %2017: 27.5 %2018: 27.5 %2019: 27.5 %2020: 27.5 %2021: 27.5 %

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

Analysis

In 2021, bound rate, simple mean, primary products in South Africa stood at 27.5%. That is the highest value across all 25 years on record.

The figure is up 1.4% over ten years.

Over the whole period, bound rate, simple mean, primary products in South Africa peaked at 27.5% in 2017 and was at its lowest, 26.1%, in 1996.

South Africa ranks 82nd of 157 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 26.7% 26.1% 27.0% 3
2000s 27.0% 26.9% 27.2% 10
2010s 27.4% 27.2% 27.5% 10
2020s 27.5% 27.5% 27.5% 2

Countries ranked near South Africa

  1. 79 Congo 30.0% compare
  2. 80 Senegal 29.9% compare
  3. 81 Madagascar 29.7% compare
  4. 82 Namibia 27.5% compare
  5. 84 Eswatini 27.4% compare
  6. 85 Panama 26.9% compare

See the full ranking of 158 places →

More private sector data for South Africa

All data for South Africa →

Frequently asked questions

What is bound rate, simple mean, primary products in South Africa?
Bound rate, simple mean, primary products in South Africa was 27.5% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in South Africa?
The highest recorded value was 27.5% in 2017.
What is the lowest bound rate, simple mean, primary products recorded in South Africa?
The lowest recorded value was 26.1% in 1996.
How does South Africa rank for bound rate, simple mean, primary products?
South Africa ranks 82nd out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in South Africa?
Over the last ten years it is up 1.4%. The long-run trend across the full record is flat.
Where does this South Africa 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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CSV · JSON — 25 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).