Bound rate, simple mean, manufactured products in China

China: Bound rate, simple mean, manufactured products was 9.5% in 2021. ▬ Flat

Latest (2021)
9.5%
Change on year
unchanged
World rank
109th
of 157 countries
All-time high
9.6%
in 2001
All-time low
9.5%
in 2014
Years of data
19
2001–2021

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

02468102001201120212001: 9.6 %2002: 9.6 %2003: 9.6 %2004: 9.6 %2005: 9.6 %2006: 9.6 %2007: 9.6 %2008: 9.6 %2009: 9.6 %2010: 9.6 %2011: 9.6 %2014: 9.5 %2015: 9.5 %2016: 9.5 %2017: 9.5 %2018: 9.5 %2019: 9.5 %2020: 9.5 %2021: 9.5 %

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

Analysis

China recorded 9.5% for bound rate, simple mean, manufactured products in 2021.

The figure is down 0.2% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in China peaked at 9.6% in 2001 and was at its lowest, 9.5%, in 2014.

That places China 109th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 9.6% 9.6% 9.6% 9
2010s 9.5% 9.5% 9.6% 8
2020s 9.5% 9.5% 9.5% 2

Countries ranked near China

  1. 106 Iceland 10.3% compare
  2. 107 Saudi Arabia 10.3% compare
  3. 108 Israel 10.0% compare
  4. 110 Cote d'Ivoire 8.9% compare
  5. 111 Seychelles 8.1% compare
  6. 112 Tajikistan 7.7% 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, manufactured products in China?
Bound rate, simple mean, manufactured products in China was 9.5% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in China?
The highest recorded value was 9.6% in 2001.
What is the lowest bound rate, simple mean, manufactured products recorded in China?
The lowest recorded value was 9.5% in 2014.
How does China rank for bound rate, simple mean, manufactured products?
China ranks 109th out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in China?
Over the last ten years it is down 0.2%. 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, manufactured products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.