Bound rate, simple mean, manufactured products in Norway

Norway: Bound rate, simple mean, manufactured products was 3.4% in 2021. ▬ Flat

Latest (2021)
3.4%
Change on year
unchanged
World rank
153rd
of 157 countries
All-time high
4.6%
in 2007
All-time low
3.3%
in 1995
Years of data
27
1995–2021

Bound rate, simple mean, manufactured products in Norway, 1995–2021

0123451995200820211995: 3.3 %1996: 3.3 %1997: 3.3 %1998: 3.3 %1999: 3.3 %2000: 3.3 %2001: 3.3 %2002: 4.5 %2003: 4.5 %2004: 4.5 %2005: 4.5 %2006: 4.5 %2007: 4.6 %2008: 4.5 %2009: 4.5 %2010: 4.5 %2011: 4.5 %2012: 4.5 %2013: 4.5 %2014: 4.5 %2015: 3.4 %2016: 3.4 %2017: 3.4 %2018: 3.4 %2019: 3.4 %2020: 3.4 %2021: 3.4 %

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

Analysis

The most recent figure for bound rate, simple mean, manufactured products in Norway is 3.4%, measured in 2021.

The figure is down 25.3% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Norway peaked at 4.6% in 2007 and was at its lowest, 3.3%, in 1995.

Norway ranks 153rd of 157 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.3% 3.3% 3.3% 5
2000s 4.3% 3.3% 4.6% 10
2010s 4.0% 3.4% 4.5% 10
2020s 3.4% 3.4% 3.4% 2

Countries ranked near Norway

  1. 152 United States 3.5% compare
  2. 154 Japan 2.5% compare
  3. 155 Hong Kong 0.0% compare
  4. 155 Macao 0.0% compare
  5. 155 Switzerland 0.0% compare

See the full ranking of 158 places →

More private sector data for Norway

All data for Norway →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Norway?
Bound rate, simple mean, manufactured products in Norway was 3.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Norway?
The highest recorded value was 4.6% in 2007.
What is the lowest bound rate, simple mean, manufactured products recorded in Norway?
The lowest recorded value was 3.3% in 1995.
How does Norway rank for bound rate, simple mean, manufactured products?
Norway ranks 153rd out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in Norway?
Over the last ten years it is down 25.3%. The long-run trend across the full record is flat.
Where does this Norway 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.