Bound rate, simple mean, primary products in Uruguay
Uruguay: Bound rate, simple mean, primary products was 34.0% in 2022. ▬ Flat
Bound rate, simple mean, primary products in Uruguay, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, primary products in Uruguay is 34.0%, measured in 2022. That is the highest value across all 27 years on record.
The figure is up 0.7% over ten years.
Over the whole period, bound rate, simple mean, primary products in Uruguay peaked at 34.0% in 2017 and was at its lowest, 33.8%, in 1995.
Uruguay ranks 68th of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, primary products in Uruguay, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 33.8% | — |
| 1996 | 33.8% | +0.2% |
| 1997 | 33.8% | +0.0% |
| 1998 | 33.8% | +0.0% |
| 1999 | 33.8% | +0.0% |
| 2000 | 33.8% | +0.0% |
| 2001 | 33.8% | +0.0% |
| 2002 | 33.9% | +0.1% |
| 2004 | 33.9% | +0.0% |
| 2005 | 33.9% | +0.0% |
| 2006 | 33.9% | +0.0% |
| 2007 | 33.9% | +0.0% |
| 2008 | 33.8% | -0.3% |
| 2009 | 33.8% | +0.0% |
| 2010 | 33.8% | +0.0% |
| 2011 | 33.8% | +0.0% |
| 2012 | 33.8% | +0.0% |
| 2013 | 33.9% | +0.4% |
| 2014 | 33.9% | +0.0% |
| 2015 | 33.9% | +0.0% |
| 2016 | 33.9% | +0.0% |
| 2017 | 34.0% | +0.3% |
| 2018 | 34.0% | +0.0% |
| 2019 | 34.0% | +0.0% |
| 2020 | 34.0% | +0.0% |
| 2021 | 34.0% | +0.0% |
| 2022 | 34.0% | +0.0% |
Uruguay compared with similar countries
- Uruguay's 34.0% is above the median for high income countries, which is 5.8%, 5.9× the median. (58 countries reporting)
- Uruguay's 34.0% is below the median for Latin America & Caribbean, which is 41.8%, 81% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.8% | 33.8% | 33.8% | 5 |
| 2000s | 33.8% | 33.8% | 33.9% | 9 |
| 2010s | 33.9% | 33.8% | 34.0% | 10 |
| 2020s | 34.0% | 34.0% | 34.0% | 3 |
Countries ranked near Uruguay
More private sector data for Uruguay
- Merchandise trade 28.3% (2025)
- Food imports 14.1% (2024)
- Manufactures imports 69.6% (2024)
- Merchandise imports 12.95 billion current US$ (2025)
- Food exports 65.3% (2024)
- Manufactures exports 18.9% (2024)
- Merchandise exports 11.23 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,318 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1316 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.53 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Uruguay?
- Bound rate, simple mean, primary products in Uruguay was 34.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Uruguay?
- The highest recorded value was 34.0% in 2017.
- What is the lowest bound rate, simple mean, primary products recorded in Uruguay?
- The lowest recorded value was 33.8% in 1995.
- How does Uruguay rank for bound rate, simple mean, primary products?
- Uruguay ranks 68th out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary products rising or falling in Uruguay?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
- Where does this Uruguay 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 — 27 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).