Central African Republic: Bound rate, simple mean, primary products (%)

Key figures

What the numbers say

In 2017, Central African Republic's bound rate, simple mean, primary products (%) did not change 0 percentage points on 2016 (from 30.58% to 30.58%).

Across the 13 yearly changes before that (2002 to 2016), the average change was −0 percentage points and a typical year strayed about 0.02 percentage points from that (the standard deviation). This year's change was 0.2 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 rise was 0.02 percentage points in 2007 and the biggest yearly fall was 0.05 percentage points in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2008 to 2017 the straight-line trend is downward, about 0.00729 percentage points a year. A straight line explains 77% 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.

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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

All 18 values

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

• Angola — 56.26% (2022)
• Benin — 58.25% (2021)
• Botswana — 25.82% (2021)
• Burkina Faso — 93.99% (2021)
• Burundi — 93.18% (2021)
• Cabo Verde — 16.92% (2022)
• Cameroon — 79.96% (2019)
• Chad — 80% (2016)
• Congo, Rep. — 30% (2015)
• Côte d'Ivoire — 14.5% (2022)

More trade data for Central African Republic

• Import volume index (2015 = 100) — 133.8 (2024)
• Import value index (2015 = 100) — 156.5 (2024)
• Net barter terms of trade index (2015 = 100) — 106.9 (2024)
• Export volume index (2015 = 100) — 115.1 (2024)
• Export value index (2015 = 100) — 143.8 (2024)
• Binding coverage, manufactured products (%) — 0% (2022)
• Tariff rate, applied, simple mean, manufactured products (%) — 18.11% (2022)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 17.27% (2022)
• Tariff rate, applied, weighted mean, manufactured products (%)

Reading data like this

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Questions people ask

What is Central African Republic's bound rate, simple mean, primary products (%)?

30.58% in 2017, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is down 0.14 percentage points from 30.72% in 1995. The highest value was 30.72% in 1995 and the lowest 30.58% in 2013.

Is the latest change in bound rate, simple mean, primary products (%) unusual for Central African Republic?

In 2017, Central African Republic's bound rate, simple mean, primary products (%) did not change 0 percentage points on 2016 (from 30.58% to 30.58%). Across the 13 yearly changes before that (2002 to 2016), the average change was −0 percentage points and a typical year strayed about 0.02 percentage points from that (the standard deviation). This year's change was 0.2 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.TCOM.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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