Bound rate, simple mean, manufactured products in Spain

Spain: Bound rate, simple mean, manufactured products was 4.0% in 2021. ▼ Falling

Latest (2021)
4.0%
Change on year
unchanged
World rank
125th
of 157 countries
All-time high
4.2%
in 2004
All-time low
4.0%
in 2015
Years of data
22
2000–2021

Bound rate, simple mean, manufactured products in Spain, 2000–2021

012342000201020212000: 4.2 %2001: 4.2 %2002: 4.2 %2003: 4.2 %2004: 4.2 %2005: 4.2 %2006: 4.2 %2007: 4.2 %2008: 4.2 %2009: 4.2 %2010: 4.2 %2011: 4.2 %2012: 4.2 %2013: 4.2 %2014: 4.2 %2015: 4 %2016: 4 %2017: 4 %2018: 4 %2019: 4 %2020: 4 %2021: 4 %

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

Analysis

The most recent figure for bound rate, simple mean, manufactured products in Spain is 4.0%, measured in 2021.

The figure is down 4.5% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Spain peaked at 4.2% in 2004 and was at its lowest, 4.0%, in 2015.

That places Spain 125th out of 157 countries with data for 2021, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.2% 4.2% 4.2% 10
2010s 4.1% 4.0% 4.2% 10
2020s 4.0% 4.0% 4.0% 2

Countries ranked near Spain

  1. 122 Canada 5.7% compare
  2. 123 Ukraine 5.2% compare
  3. 124 Montenegro 4.3% compare
  4. 125 Austria 4.0% compare
  5. 125 Belgium 4.0% compare
  6. 125 Bulgaria 4.0% compare
  7. 125 Croatia 4.0% compare
  8. 125 Cyprus 4.0% compare
  9. 125 Czechia 4.0% compare
  10. 125 Denmark 4.0% compare
  11. 125 Estonia 4.0% compare
  12. 125 Finland 4.0% compare
  13. 125 France 4.0% compare
  14. 125 Germany 4.0% compare
  15. 125 Greece 4.0% compare
  16. 125 Hungary 4.0% compare
  17. 125 Ireland 4.0% compare
  18. 125 Italy 4.0% compare
  19. 125 Latvia 4.0% compare
  20. 125 Lithuania 4.0% compare
  21. 125 Malta 4.0% compare
  22. 125 Netherlands 4.0% compare
  23. 125 Poland 4.0% compare
  24. 125 Portugal 4.0% compare
  25. 125 Romania 4.0% compare
  26. 125 Slovakia 4.0% compare
  27. 125 Slovenia 4.0% compare
  28. 125 Sweden 4.0% compare
  29. 125 United Kingdom 4.0% compare

See the full ranking of 158 places →

More private sector data for Spain

All data for Spain →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Spain?
Bound rate, simple mean, manufactured products in Spain was 4.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Spain?
The highest recorded value was 4.2% in 2004.
What is the lowest bound rate, simple mean, manufactured products recorded in Spain?
The lowest recorded value was 4.0% in 2015.
How does Spain rank for bound rate, simple mean, manufactured products?
Spain ranks 125th out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in Spain?
Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
Where does this Spain 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 — 22 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.