Bound rate, simple mean, all products in Paraguay

Paraguay: Bound rate, simple mean, all products was 33.5% in 2022. ▬ Flat

Latest (2022)
33.5%
Change on year
unchanged
World rank
60th
of 157 countries
All-time high
33.5%
in 2002
All-time low
33.4%
in 2008
Years of data
28
1995–2022

Bound rate, simple mean, all products in Paraguay, 1995–2022

01020301995200820221995: 33.4 %1996: 33.4 %1997: 33.4 %1998: 33.4 %1999: 33.4 %2000: 33.4 %2001: 33.4 %2002: 33.5 %2003: 33.5 %2004: 33.5 %2005: 33.5 %2006: 33.5 %2007: 33.5 %2008: 33.4 %2009: 33.4 %2010: 33.4 %2011: 33.4 %2012: 33.4 %2013: 33.4 %2014: 33.4 %2015: 33.4 %2016: 33.4 %2017: 33.5 %2018: 33.5 %2019: 33.5 %2020: 33.5 %2021: 33.5 %2022: 33.5 %

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

Analysis

The most recent figure for bound rate, simple mean, all products in Paraguay is 33.5%, measured in 2022.

That represents a change of up 0.1% over ten years.

Over the whole period, bound rate, simple mean, all products in Paraguay peaked at 33.5% in 2002 and was at its lowest, 33.4%, in 2008.

That places Paraguay 60th out of 157 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 33.4% 33.4% 33.4% 5
2000s 33.4% 33.4% 33.5% 10
2010s 33.4% 33.4% 33.5% 10
2020s 33.5% 33.5% 33.5% 3

Countries ranked near Paraguay

  1. 57 Mexico 35.0% compare
  2. 58 Bahrain 34.7% compare
  3. 59 Dominican Republic 34.5% compare
  4. 61 Papua New Guinea 32.5% compare
  5. 62 Honduras 32.1% compare
  6. 63 Argentina 31.8% compare

See the full ranking of 158 places →

More private sector data for Paraguay

All data for Paraguay →

Frequently asked questions

What is bound rate, simple mean, all products in Paraguay?
Bound rate, simple mean, all products in Paraguay was 33.5% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Paraguay?
The highest recorded value was 33.5% in 2002.
What is the lowest bound rate, simple mean, all products recorded in Paraguay?
The lowest recorded value was 33.4% in 2008.
How does Paraguay rank for bound rate, simple mean, all products?
Paraguay ranks 60th out of 157 countries with data for 2022.
Is bound rate, simple mean, all products rising or falling in Paraguay?
Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
Where does this Paraguay 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

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.