Bound rate, simple mean, primary products in Saint Lucia

Saint Lucia: Bound rate, simple mean, primary products was 96.5% in 2020. ▲ Rising

Latest (2020)
96.5%
Change on year
unchanged
World rank
16th
of 157 countries
All-time high
96.5%
in 2015
All-time low
91.8%
in 1996
Years of data
18
1996–2020

Bound rate, simple mean, primary products in Saint Lucia, 1996–2020

0204060801001996200820201996: 91.8 %1999: 92.2 %2000: 92.2 %2001: 92.2 %2002: 92.2 %2003: 92.2 %2005: 92.2 %2006: 92.2 %2007: 92.2 %2010: 92.5 %2011: 92.5 %2012: 92.9 %2013: 92.9 %2014: 92.9 %2015: 96.5 %2016: 96.5 %2019: 96.5 %2020: 96.5 %

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

Analysis

Saint Lucia recorded 96.5% for bound rate, simple mean, primary products in 2020. That is the highest value across all 18 years on record.

Compared with earlier readings it is up 4.3% over ten years.

Over the whole period, bound rate, simple mean, primary products in Saint Lucia peaked at 96.5% in 2015 and was at its lowest, 91.8%, in 1996.

That places Saint Lucia 16th out of 157 countries with data for 2020, putting it in the top 10%.

The long-run direction has been consistently rising across the 18 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 92.0% 91.8% 92.2% 2
2000s 92.2% 92.2% 92.2% 7
2010s 94.1% 92.5% 96.5% 8
2020s 96.5% 96.5% 96.5% 1

Countries ranked near Saint Lucia

  1. 13 Myanmar 99.5% compare
  2. 14 Democratic Republic of Congo 97.8% compare
  3. 15 Barbados 97.2% compare
  4. 17 Ghana 96.1% compare
  5. 18 Kenya 96.0% compare
  6. 19 Saint Kitts and Nevis 94.7% compare

See the full ranking of 158 places →

More private sector data for Saint Lucia

All data for Saint Lucia →

Frequently asked questions

What is bound rate, simple mean, primary products in Saint Lucia?
Bound rate, simple mean, primary products in Saint Lucia was 96.5% in 2020, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Saint Lucia?
The highest recorded value was 96.5% in 2015.
What is the lowest bound rate, simple mean, primary products recorded in Saint Lucia?
The lowest recorded value was 91.8% in 1996.
How does Saint Lucia rank for bound rate, simple mean, primary products?
Saint Lucia ranks 16th out of 157 countries with data for 2020.
Is bound rate, simple mean, primary products rising or falling in Saint Lucia?
Over the last ten years it is up 4.3%. The long-run trend across the full record is rising.
Where does this Saint Lucia 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).