Bound rate, simple mean, primary products in Sri Lanka
Sri Lanka: Bound rate, simple mean, primary products was 47.6% in 2021. ▬ Flat
Bound rate, simple mean, primary products in Sri Lanka, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Sri Lanka recorded 47.6% for bound rate, simple mean, primary products in 2021.
The figure is up 0.5% over ten years.
Over the whole period, bound rate, simple mean, primary products in Sri Lanka peaked at 47.9% in 2012 and was at its lowest, 47.1%, in 1997.
That places Sri Lanka 47th out of 157 countries with data for 2021, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 47.1% | 47.1% | 47.2% | 2 |
| 2000s | 47.4% | 47.2% | 47.5% | 9 |
| 2010s | 47.6% | 47.4% | 47.9% | 8 |
| 2020s | 47.6% | 47.6% | 47.6% | 2 |
Countries ranked near Sri Lanka
More private sector data for Sri Lanka
- Merchandise trade 32.2% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.7% (2024)
- Merchandise imports 21.48 billion current US$ (2025)
- Food exports 27.3% (2024)
- Manufactures exports 66.0% (2024)
- Merchandise exports 13.58 billion current US$ (2025)
- Commercial service exports 6.87 billion current US$ (2024)
- Transport services 31.5% (2024)
- Computer, communications and other services 41.2% (2024)
Frequently asked questions
- What is bound rate, simple mean, primary products in Sri Lanka?
- Bound rate, simple mean, primary products in Sri Lanka was 47.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Sri Lanka?
- The highest recorded value was 47.9% in 2012.
- What is the lowest bound rate, simple mean, primary products recorded in Sri Lanka?
- The lowest recorded value was 47.1% in 1997.
- How does Sri Lanka rank for bound rate, simple mean, primary products?
- Sri Lanka ranks 47th out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Sri Lanka?
- Over the last ten years it is up 0.5%. The long-run trend across the full record is flat.
- Where does this Sri Lanka 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 — 21 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).