Bound rate, simple mean, manufactured products in Nepal
Nepal: Bound rate, simple mean, manufactured products was 24.1% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Nepal, 2004–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, manufactured products in Nepal stood at 24.1%.
Compared with earlier readings it is down 0.1% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Nepal peaked at 24.1% in 2007 and was at its lowest, 24.1%, in 2004.
That places Nepal 71st out of 157 countries with data for 2021, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 24.1% | 24.1% | 24.1% | 6 |
| 2010s | 24.1% | 24.1% | 24.1% | 9 |
| 2020s | 24.1% | 24.1% | 24.1% | 2 |
Countries ranked near Nepal
More private sector data for Nepal
- Merchandise exports 2.31 billion current US$ (2025)
- Manufactures exports 47.5% (2022)
- Food exports 49.4% (2022)
- Merchandise imports 14.40 billion current US$ (2025)
- Manufactures imports 52.5% (2022)
- Food imports 18.0% (2022)
- Merchandise trade 36.7% (2025)
- Commercial service exports 1.65 billion current US$ (2024)
- Transport services 20.4% (2024)
- Computer, communications and other services 9.4% (2024)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Nepal?
- Bound rate, simple mean, manufactured products in Nepal was 24.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Nepal?
- The highest recorded value was 24.1% in 2007.
- What is the lowest bound rate, simple mean, manufactured products recorded in Nepal?
- The lowest recorded value was 24.1% in 2004.
- How does Nepal rank for bound rate, simple mean, manufactured products?
- Nepal ranks 71st out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Nepal?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Nepal 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.