Bound rate, simple mean, manufactured products in Armenia
Armenia: Bound rate, simple mean, manufactured products was 7.6% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Armenia, 2003–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, manufactured products in Armenia is 7.6%, measured in 2021. That is the highest value across all 19 years on record.
That represents a change of unchanged over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Armenia peaked at 7.6% in 2009 and was at its lowest, 7.6%, in 2006.
Armenia ranks 113th of 157 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.6% | 7.6% | 7.6% | 7 |
| 2010s | 7.6% | 7.6% | 7.6% | 10 |
| 2020s | 7.6% | 7.6% | 7.6% | 2 |
Countries ranked near Armenia
- 110 Cote d'Ivoire 8.9% compare
- 111 Seychelles 8.1% compare
- 112 Tajikistan 7.7% compare
- 114 Russia 7.0% compare
- 115 Albania 7.0% compare
- 116 North Macedonia 6.7% compare
More private sector data for Armenia
- Merchandise exports 8.39 billion current US$ (2025)
- Manufactures exports 29.5% (2024)
- Food exports 9.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Manufactures imports 43.4% (2024)
- Food imports 8.4% (2024)
- Merchandise trade 73.3% (2025)
- Commercial service exports 6.09 billion current US$ (2025)
- Transport services 28.5% (2025)
- Computer, communications and other services 11.5% (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Armenia?
- Bound rate, simple mean, manufactured products in Armenia was 7.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Armenia?
- The highest recorded value was 7.6% in 2009.
- What is the lowest bound rate, simple mean, manufactured products recorded in Armenia?
- The lowest recorded value was 7.6% in 2006.
- How does Armenia rank for bound rate, simple mean, manufactured products?
- Armenia ranks 113th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Armenia?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.