Bound rate, simple mean, primary products in Spain
Spain: Bound rate, simple mean, primary products was 5.8% in 2021. ▼ Falling
Bound rate, simple mean, primary products in Spain, 2000–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, primary products in Spain stood at 5.8%. That is the lowest value across all 22 years on record.
That represents a change of down 49.8% over ten years.
Over the whole period, bound rate, simple mean, primary products in Spain peaked at 13.7% in 2001 and was at its lowest, 5.8%, in 2017.
That places Spain 121st out of 157 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.8% | 11.7% | 13.7% | 10 |
| 2010s | 8.6% | 5.8% | 11.7% | 10 |
| 2020s | 5.8% | 5.8% | 5.8% | 2 |
Countries ranked near Spain
- 118 Ukraine 7.6% compare
- 119 North Macedonia 7.3% compare
- 120 Albania 6.3% compare
- 121 Austria 5.8% compare
- 121 Belgium 5.8% compare
- 121 Bulgaria 5.8% compare
- 121 Croatia 5.8% compare
- 121 Cyprus 5.8% compare
- 121 Czechia 5.8% compare
- 121 Denmark 5.8% compare
- 121 Estonia 5.8% compare
- 121 Finland 5.8% compare
- 121 France 5.8% compare
- 121 Germany 5.8% compare
- 121 Greece 5.8% compare
- 121 Hungary 5.8% compare
- 121 Italy 5.8% compare
- 121 Latvia 5.8% compare
- 121 Lithuania 5.8% compare
- 121 Netherlands 5.8% compare
- 121 Poland 5.8% compare
- 121 Portugal 5.8% compare
- 121 Romania 5.8% compare
- 121 Slovakia 5.8% compare
- 121 Slovenia 5.8% compare
- 121 Sweden 5.8% compare
- 121 United Kingdom 5.8% compare
More private sector data for Spain
- Merchandise trade 50.3% (2025)
- Food imports 12.5% (2024)
- Manufactures imports 65.3% (2024)
- Merchandise imports 513.32 billion current US$ (2025)
- Food exports 18.6% (2024)
- Manufactures exports 65.2% (2024)
- Merchandise exports 445.11 billion current US$ (2025)
- Commercial service exports 255.51 billion current US$ (2025)
- Transport services 8.7% (2025)
- Computer, communications and other services 54.0% (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Spain?
- Bound rate, simple mean, primary products in Spain was 5.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Spain?
- The highest recorded value was 13.7% in 2001.
- What is the lowest bound rate, simple mean, primary products recorded in Spain?
- The lowest recorded value was 5.8% in 2017.
- How does Spain rank for bound rate, simple mean, primary products?
- Spain ranks 121st out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Spain?
- Over the last ten years it is down 49.8%. The long-run trend across the full record is falling.
- Where does this Spain 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 — 22 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).