Bound rate, simple mean, primary products in Georgia
Georgia: Bound rate, simple mean, primary products was 8.8% in 2022. ▼ Falling
Bound rate, simple mean, primary products in Georgia, 2001–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, primary products in Georgia is 8.8%, measured in 2022.
Compared with earlier readings it is down 4.5% over ten years.
Over the whole period, bound rate, simple mean, primary products in Georgia peaked at 9.3% in 2001 and was at its lowest, 8.8%, in 2015.
That places Georgia 113th out of 157 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.3% | 9.3% | 9.3% | 9 |
| 2010s | 9.0% | 8.8% | 9.3% | 6 |
| 2020s | 8.8% | 8.8% | 8.8% | 3 |
Countries ranked near Georgia
More private sector data for Georgia
- Merchandise exports 7.29 billion current US$ (2025)
- Manufactures exports 33.7% (2024)
- Food exports 45.9% (2024)
- Merchandise imports 18.53 billion current US$ (2025)
- Manufactures imports 72.4% (2024)
- Food imports 12.5% (2024)
- Merchandise trade 67.7% (2025)
- Commercial service exports 8.38 billion current US$ (2025)
- Transport services 59.0% (2025)
- Computer, communications and other services 21.0% (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Georgia?
- Bound rate, simple mean, primary products in Georgia was 8.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Georgia?
- The highest recorded value was 9.3% in 2001.
- What is the lowest bound rate, simple mean, primary products recorded in Georgia?
- The lowest recorded value was 8.8% in 2015.
- How does Georgia rank for bound rate, simple mean, primary products?
- Georgia ranks 113th out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary products rising or falling in Georgia?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Georgia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, primary products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).