Bound rate, simple mean, manufactured products in Vanuatu

Vanuatu: Bound rate, simple mean, manufactured products was 38.0% in 2021. ▬ Flat

Latest (2021)
38.0%
Change on year
unchanged
World rank
42nd
of 157 countries
All-time high
38.0%
in 2017
All-time low
38.0%
in 2015
Years of data
6
2012–2021

Bound rate, simple mean, manufactured products in Vanuatu, 2012–2021

0102030402012201620212012: 38 %2015: 38 %2016: 38 %2017: 38 %2020: 38 %2021: 38 %

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

Analysis

Vanuatu recorded 38.0% for bound rate, simple mean, manufactured products in 2021. That is the highest value across all 6 years on record.

Compared with earlier readings it is up 0.1% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Vanuatu peaked at 38.0% in 2017 and was at its lowest, 38.0%, in 2015.

That places Vanuatu 42nd out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 38.0% 38.0% 38.0% 4
2020s 38.0% 38.0% 38.0% 2

Countries ranked near Vanuatu

  1. 39 Bolivia 40.0% compare
  2. 40 Guatemala 39.5% compare
  3. 41 Morocco 39.3% compare
  4. 43 Central African Republic 37.8% compare
  5. 44 Niger 37.0% compare
  6. 45 Maldives 35.5% compare

See the full ranking of 158 places →

More private sector data for Vanuatu

All data for Vanuatu →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Vanuatu?
Bound rate, simple mean, manufactured products in Vanuatu was 38.0% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Vanuatu?
The highest recorded value was 38.0% in 2017.
What is the lowest bound rate, simple mean, manufactured products recorded in Vanuatu?
The lowest recorded value was 38.0% in 2015.
How does Vanuatu rank for bound rate, simple mean, manufactured products?
Vanuatu ranks 42nd out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in Vanuatu?
Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
Where does this Vanuatu 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.