China vs Georgia: Bound rate, simple mean, primary products

China
11.4%
in 2021
Georgia
8.8%
in 2022
China rank
110th
Georgia rank
113th

Bound rate, simple mean, primary products over time

  • China
  • Georgia
02.557.51012.5200120112022

How they compare

China currently reports 11.4% against 8.8% in Georgia, a difference of 2.6%.

That makes China's figure about 1.3 times Georgia's.

Across all 15 years both countries report, China has been ahead every year.

Globally, China ranks 110th and Georgia ranks 113th of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).