Ecuador vs Guinea: Bound rate, simple mean, all products

Ecuador
21.9%
in 2022
Guinea
20.9%
in 2021
Ecuador rank
82nd
Guinea rank
85th

Bound rate, simple mean, all products over time

  • Ecuador
  • Guinea
05101520199620092022

How they compare

Ecuador currently reports 21.9% against 20.9% in Guinea, a difference of 1.0%.

Across all 12 years both countries report, Ecuador has been ahead every year.

Globally, Ecuador ranks 82nd and Guinea ranks 85th of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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.