Bound rate, simple mean, primary products (%) in Vanuatu
Vanuatu: Bound rate, simple mean, primary products (%) was 46.0% in 2021. ▬ Flat
Bound rate, simple mean, primary products in Vanuatu, 2012–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, primary products in Vanuatu stood at 46.0%.
Compared with earlier readings it is up 2.1% over ten years.
Over the whole period, bound rate, simple mean, primary products in Vanuatu peaked at 46.0% in 2015 and was at its lowest, 45.0%, in 2012.
Vanuatu ranks 49th of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, primary products (%) in Vanuatu, year by year
| Year | % | Change |
|---|---|---|
| 2012 | 45.0% | — |
| 2015 | 46.0% | +2.2% |
| 2016 | 46.0% | +0.0% |
| 2017 | 46.0% | -0.1% |
| 2020 | 46.0% | +0.0% |
| 2021 | 46.0% | +0.0% |
Vanuatu compared with similar countries
- Vanuatu's 46.0% is above the median for lower middle income countries, which is 46.0%, 1.0× the median. (39 countries reporting)
- Vanuatu's 46.0% is above the median for East Asia & Pacific, which is 22.0%, 2.1× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 45.8% | 45.0% | 46.0% | 4 |
| 2020s | 46.0% | 46.0% | 46.0% | 2 |
Countries ranked near Vanuatu
More private sector data for Vanuatu
- Merchandise trade 43.8% (2025)
- Food imports 25.0% (2011)
- Manufactures imports 52.3% (2011)
- Merchandise imports 515.00 million current US$ (2025)
- Commercial service imports 225.06 million current US$ (2022)
- Food exports 85.3% (2011)
- Manufactures exports 8.2% (2011)
- Merchandise exports 78.00 million current US$ (2025)
- Commercial service exports 74.02 million current US$ (2022)
- Merchandise exports (current US$), per capita 232.72 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Vanuatu?
- Bound rate, simple mean, primary products in Vanuatu was 46.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Vanuatu?
- The highest recorded value was 46.0% in 2015.
- What is the lowest bound rate, simple mean, primary products recorded in Vanuatu?
- The lowest recorded value was 45.0% in 2012.
- How does Vanuatu rank for bound rate, simple mean, primary products?
- Vanuatu ranks 49th out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Vanuatu?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is flat.
- Where does this Vanuatu 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
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).