Bound rate, simple mean, all products in Thailand
Thailand: Bound rate, simple mean, all products was 25.4% in 2021. ▬ Flat
Bound rate, simple mean, all products in Thailand, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Thailand is 25.4%, measured in 2021.
That represents a change of down 8.9% over ten years.
Over the whole period, bound rate, simple mean, all products in Thailand peaked at 28.2% in 2003 and was at its lowest, 25.3%, in 2015.
Thailand ranks 76th of 157 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.9% | 25.8% | 25.9% | 2 |
| 2000s | 27.5% | 25.8% | 28.2% | 9 |
| 2010s | 27.2% | 25.3% | 27.9% | 5 |
| 2020s | 25.4% | 25.4% | 25.4% | 1 |
Countries ranked near Thailand
More private sector data for Thailand
- Merchandise exports 339.63 billion current US$ (2025)
- Manufactures exports 72.1% (2024)
- Food exports 14.7% (2024)
- Merchandise imports 344.94 billion current US$ (2025)
- Manufactures imports 65.8% (2024)
- Food imports 6.6% (2024)
- Merchandise trade 118.6% (2025)
- Commercial service exports 75.39 billion current US$ (2025)
- Transport services 33.8% (2025)
- Computer, communications and other services 39.9% (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Thailand?
- Bound rate, simple mean, all products in Thailand was 25.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Thailand?
- The highest recorded value was 28.2% in 2003.
- What is the lowest bound rate, simple mean, all products recorded in Thailand?
- The lowest recorded value was 25.3% in 2015.
- How does Thailand rank for bound rate, simple mean, all products?
- Thailand ranks 76th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Thailand?
- Over the last ten years it is down 8.9%. The long-run trend across the full record is flat.
- Where does this Thailand 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.