Bound rate, simple mean, all products in Papua New Guinea
Papua New Guinea: Bound rate, simple mean, all products was 32.5% in 2021. ▬ Flat
Bound rate, simple mean, all products in Papua New Guinea, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Papua New Guinea is 32.5%, measured in 2021.
Compared with earlier readings it is down 2.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Papua New Guinea peaked at 33.8% in 2013 and was at its lowest, 31.6%, in 2000.
Papua New Guinea ranks 61st of 157 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.8% | 31.8% | 31.8% | 2 |
| 2000s | 32.0% | 31.6% | 32.9% | 10 |
| 2010s | 33.1% | 32.5% | 33.8% | 5 |
| 2020s | 32.5% | 32.5% | 32.5% | 2 |
Countries ranked near Papua New Guinea
More private sector data for Papua New Guinea
- Merchandise exports 15.54 billion current US$ (2025)
- Manufactures exports 1.8% (2023)
- Food exports 19.7% (2023)
- Merchandise imports 4.62 billion current US$ (2025)
- Manufactures imports 64.7% (2023)
- Food imports 16.5% (2023)
- Merchandise trade 62.0% (2025)
- Commercial service exports 75.10 million current US$ (2024)
- Transport services 16.6% (2024)
- Computer, communications and other services 78.1% (2024)
Frequently asked questions
- What is bound rate, simple mean, all products in Papua New Guinea?
- Bound rate, simple mean, all products in Papua New Guinea was 32.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Papua New Guinea?
- The highest recorded value was 33.8% in 2013.
- What is the lowest bound rate, simple mean, all products recorded in Papua New Guinea?
- The lowest recorded value was 31.6% in 2000.
- How does Papua New Guinea rank for bound rate, simple mean, all products?
- Papua New Guinea ranks 61st out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Papua New Guinea?
- Over the last ten years it is down 2.1%. The long-run trend across the full record is flat.
- Where does this Papua New Guinea 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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About this data
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.