Bound rate, simple mean, manufactured products in Cuba

Cuba: Bound rate, simple mean, manufactured products was 11.1% in 2022. ▬ Flat

Latest (2022)
11.1%
Change on year
unchanged
World rank
101st
of 157 countries
All-time high
11.4%
in 2003
All-time low
11.0%
in 2015
Years of data
25
1996–2022

Bound rate, simple mean, manufactured products in Cuba, 1996–2022

02.557.51012.51996200920221996: 11.2 %1997: 11.2 %1998: 11.2 %1999: 11.2 %2000: 11.2 %2001: 11.2 %2002: 11.2 %2003: 11.4 %2004: 11.4 %2005: 11.4 %2006: 11.4 %2007: 11.4 %2008: 11.4 %2009: 11.3 %2010: 11.3 %2011: 11.3 %2012: 11.3 %2013: 11.3 %2015: 11 %2016: 11 %2017: 11 %2019: 11.1 %2020: 11.1 %2021: 11.1 %2022: 11.1 %

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

Analysis

Cuba recorded 11.1% for bound rate, simple mean, manufactured products in 2022.

Compared with earlier readings it is down 2.0% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Cuba peaked at 11.4% in 2003 and was at its lowest, 11.0%, in 2015.

That places Cuba 101st out of 157 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.2% 11.2% 11.2% 4
2000s 11.3% 11.2% 11.4% 10
2010s 11.2% 11.0% 11.3% 8
2020s 11.1% 11.1% 11.1% 3

Countries ranked near Cuba

  1. 98 New Zealand 11.3% compare
  2. 99 Benin 11.2% compare
  3. 100 Oman 11.1% compare
  4. 102 South Korea 11.1% compare
  5. 103 Mauritania 11.0% compare
  6. 104 Vietnam 10.8% compare

See the full ranking of 158 places →

More private sector data for Cuba

All data for Cuba →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Cuba?
Bound rate, simple mean, manufactured products in Cuba was 11.1% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Cuba?
The highest recorded value was 11.4% in 2003.
What is the lowest bound rate, simple mean, manufactured products recorded in Cuba?
The lowest recorded value was 11.0% in 2015.
How does Cuba rank for bound rate, simple mean, manufactured products?
Cuba ranks 101st out of 157 countries with data for 2022.
Is bound rate, simple mean, manufactured products rising or falling in Cuba?
Over the last ten years it is down 2.0%. The long-run trend across the full record is flat.
Where does this Cuba 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.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.