Burundi: Bound rate, simple mean, manufactured products (%)

Key figures

What the numbers say

In 2021, Burundi's bound rate, simple mean, manufactured products (%) did not change 0 percentage points on 2020 (from 32.5% to 32.5%).

Across the 14 yearly changes before that (2003 to 2020), the average change was −0.27 percentage points and a typical year strayed about 0.84 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly fall was 3.13 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is upward, about 0.05 percentage points a year. A straight line explains 82% of the movement over 9 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Burundi had the 31st highest value of the 99 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Burundi in the 2021 ranking

• Indonesia — 28th of 99: 35.21%
• Bahrain — 29th of 99: 33.53%
• Dominican Republic — 30th of 99: 33.04%
• Honduras — 32nd of 99: 31.74%
• Senegal — 33rd of 99: 30%
• Papua New Guinea — 34th of 99: 29.45%

What this measures

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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

All 18 values

Bound rate, simple mean, manufactured products (%) in nearby economies

• Angola — 60.06% (2022)
• Benin — 11.25% (2021)
• Botswana — 17.16% (2021)
• Burkina Faso — 14.67% (2021)
• Cabo Verde — 15.52% (2022)
• Cameroon — 78.54% (2019)
• Central African Republic — 37.82% (2017)
• Chad — 79.05% (2016)
• Congo, Rep. — 17.85% (2015)
• Côte d'Ivoire

More trade data for Burundi

• Import volume index (2015 = 100) — 90.3 (2024)
• Import value index (2015 = 100) — 119.5 (2024)
• Net barter terms of trade index (2015 = 100) — 125.4 (2024)
• Export volume index (2015 = 100) — 87.6 (2024)
• Export value index (2015 = 100) — 145.4 (2024)
• Binding coverage, manufactured products (%) — 0% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 11.88% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.77% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%) — 6.78% (2022)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Burundi's bound rate, simple mean, manufactured products (%)?

32.5% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is down 3.91 percentage points from 36.41% in 2002. The highest value was 36.41% in 2002 and the lowest 32.17% in 2012.

How does Burundi rank?

31st highest of 99 economies with data for 2021.

Is the latest change in bound rate, simple mean, manufactured products (%) unusual for Burundi?

In 2021, Burundi's bound rate, simple mean, manufactured products (%) did not change 0 percentage points on 2020 (from 32.5% to 32.5%). Across the 14 yearly changes before that (2003 to 2020), the average change was −0.27 percentage points and a typical year strayed about 0.84 percentage points from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TM.TAX.MANF.BR.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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