Bound rate, simple mean, manufactured products in Guinea
Guinea: Bound rate, simple mean, manufactured products was 10.7% in 2021. ▼ Falling
Bound rate, simple mean, manufactured products in Guinea, 1998–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Guinea recorded 10.7% for bound rate, simple mean, manufactured products in 2021. That is the lowest value across all 12 years on record.
Compared with earlier readings it is down 6.3% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Guinea peaked at 11.7% in 1998 and was at its lowest, 10.7%, in 2017.
That places Guinea 105th out of 157 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently falling across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.7% | 11.7% | 11.7% | 1 |
| 2000s | 11.5% | 11.4% | 11.7% | 4 |
| 2010s | 11.0% | 10.7% | 11.4% | 5 |
| 2020s | 10.7% | 10.7% | 10.7% | 2 |
Countries ranked near Guinea
- 102 South Korea 11.1% compare
- 103 Mauritania 11.0% compare
- 104 Vietnam 10.8% compare
- 106 Iceland 10.3% compare
- 107 Saudi Arabia 10.3% compare
- 108 Israel 10.0% compare
More private sector data for Guinea
- Merchandise exports 15.10 billion current US$ (2025)
- Manufactures exports 3.7% (2016)
- Food exports 4.3% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Manufactures imports 58.5% (2016)
- Food imports 26.6% (2016)
- Merchandise trade 82.7% (2025)
- Commercial service exports 54.12 million current US$ (2024)
- Transport services 27.3% (2024)
- Computer, communications and other services 64.8% (2024)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Guinea?
- Bound rate, simple mean, manufactured products in Guinea was 10.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Guinea?
- The highest recorded value was 11.7% in 1998.
- What is the lowest bound rate, simple mean, manufactured products recorded in Guinea?
- The lowest recorded value was 10.7% in 2017.
- How does Guinea rank for bound rate, simple mean, manufactured products?
- Guinea ranks 105th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Guinea?
- Over the last ten years it is down 6.3%. The long-run trend across the full record is falling.
- Where does this Guinea 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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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.