Kenya's bound rate, simple mean, all products (%) was 94.66% in 2021, the latest year in the World Bank's World Development Indicators. That is down 0.46 percentage points from 95.12% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 94.66% | 2021 |
| Five years earlier | 94.48% | 2016 |
| Ten years earlier | 95.12% | 2011 |
| Highest | 95.12% | 2008 |
| Lowest | 91.94% | 1999 |
| Average since 2012 | 94.56% | 2012–2021 |
| First recorded | 91.94% | 1999 |
What the numbers say
In 2021, Kenya's bound rate, simple mean, all products (%) did not change 0 percentage points on 2020 (from 94.66% to 94.66%).
Across the 17 yearly changes before that (2000 to 2020), the average change was +0.11 percentage points and a typical year strayed about 0.65 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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 2.58 percentage points in 2008 and the biggest yearly fall was 0.64 percentage points in 2012. 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 0.03 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, Kenya had the 6th 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 Kenya in the 2021 ranking
- Zambia — 3rd of 99: 107.61%
- Gambia, The — 4th of 99: 103.47%
- Mozambique — 5th of 99: 97.68%
- Ghana — 7th of 99: 92.78%
- Zimbabwe — 8th of 99: 89.63%
- Rwanda — 9th of 99: 89.19%
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.
All 21 values
| Year | Bound rate, simple mean, all products (%) |
|---|---|
| 2021 | 94.66 |
| 2020 | 94.66 |
| 2019 | 94.66 |
| 2018 | 94.66 |
| 2017 | no data |
| 2016 | 94.48 |
| 2015 | 94.48 |
| 2014 | 94.48 |
| 2013 | 94.48 |
| 2012 | 94.48 |
| 2011 |
Bound rate, simple mean, all products (%) in nearby economies
- Angola — 59.07% (2022)
- Benin — 29.53% (2021)
- Botswana — 18.98% (2021)
- Burkina Faso — 44.31% (2021)
- Burundi — 69.4% (2021)
- Cabo Verde — 15.91% (2022)
- Cameroon — 79.88% (2019)
- Central African Republic — 35.89% (2017)
- Chad — 79.92% (2016)
- Congo, Rep. — 27.45% (2015)
More trade data for Kenya
- Tariff rate, applied, simple mean, manufactured products (%) — 15.09% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 12.77% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 9.07% (2022)
- Tariff rate, most favored nation, weighted mean, manufactured products (%) — 9.52% (2022)
- Tariff rate, applied, simple mean, all products (%) — 15.83% (2022)
- Tariff rate, most favored nation, simple mean, all products (%) — 14.45% (2022)
- Tariff rate, applied, weighted mean, all products (%) — 11.7% (2022)
- Tariff rate, most favored nation, weighted mean, all products (%) — 13.37% (2022)
Reading data like this
Questions people ask
- What is Kenya's bound rate, simple mean, all products (%)?
- 94.66% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1999?
- It is up 2.72 percentage points from 91.94% in 1999. The highest value was 95.12% in 2008 and the lowest 91.94% in 1999.
- How does Kenya rank?
- 6th highest of 99 economies with data for 2021.
- Is the latest change in bound rate, simple mean, all products (%) unusual for Kenya?
- In 2021, Kenya's bound rate, simple mean, all products (%) did not change 0 percentage points on 2020 (from 94.66% to 94.66%). Across the 17 yearly changes before that (2000 to 2020), the average change was +0.11 percentage points and a typical year strayed about 0.65 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below 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.MRCH.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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