Bound rate, simple mean, all products in China

China: Bound rate, simple mean, all products was 10.0% in 2021. ▬ Flat

Latest (2021)
10.0%
Change on year
unchanged
World rank
108th
of 157 countries
All-time high
10.0%
in 2001
All-time low
9.9%
in 2007
Years of data
19
2001–2021

Bound rate, simple mean, all products in China, 2001–2021

02.557.5102001201120212001: 10 %2002: 10 %2003: 10 %2004: 10 %2005: 10 %2006: 10 %2007: 9.9 %2008: 9.9 %2009: 9.9 %2010: 9.9 %2011: 9.9 %2014: 10 %2015: 10 %2016: 10 %2017: 10 %2018: 10 %2019: 10 %2020: 10 %2021: 10 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

The most recent figure for bound rate, simple mean, all products in China is 10.0%, measured in 2021.

Compared with earlier readings it is up 0.7% over ten years.

Over the whole period, bound rate, simple mean, all products in China peaked at 10.0% in 2001 and was at its lowest, 9.9%, in 2007.

That places China 108th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 10.0% 9.9% 10.0% 9
2010s 10.0% 9.9% 10.0% 8
2020s 10.0% 10.0% 10.0% 2

Countries ranked near China

  1. 105 Vietnam 11.4% compare
  2. 106 Cote d'Ivoire 11.2% compare
  3. 107 Saudi Arabia 10.7% compare
  4. 109 Seychelles 9.9% compare
  5. 110 Australia 9.6% compare
  6. 111 New Zealand 9.4% compare

See the full ranking of 158 places →

More private sector data for China

All data for China →

Frequently asked questions

What is bound rate, simple mean, all products in China?
Bound rate, simple mean, all products in China was 10.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in China?
The highest recorded value was 10.0% in 2001.
What is the lowest bound rate, simple mean, all products recorded in China?
The lowest recorded value was 9.9% in 2007.
How does China rank for bound rate, simple mean, all products?
China ranks 108th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in China?
Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
Where does this China data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.