Guatemala vs Nicaragua: Bound rate, simple mean, all products
Guatemala
41.7%
in 2021
Nicaragua
41.1%
in 2021
Guatemala rank
44th
Nicaragua rank
47th
Bound rate, simple mean, all products over time
- Guatemala
- Nicaragua
How they compare
Guatemala currently reports 41.7% against 41.1% in Nicaragua, a difference of 0.6%.
Across all 22 years both countries report, Guatemala has been ahead every year.
Guatemala ranks 44th and Nicaragua ranks 47th of 157 countries.
Guatemala has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guatemala | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 41.2% | 40.9% | 0.3% | Guatemala |
| 2000s | 41.1% | 40.9% | 0.2% | Guatemala |
| 2010s | 41.5% | 41.1% | 0.4% | Guatemala |
| 2020s | 41.7% | 41.1% | 0.5% | Guatemala |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Guatemala or Nicaragua?
- Guatemala, at 41.7% against 41.1% in Nicaragua as of 2021.
- What is the difference in bound rate, simple mean, all products between Guatemala and Nicaragua?
- 0.6%, with Guatemala ahead.
- How many years of comparable data are there for Guatemala and Nicaragua?
- 22 years are reported by both, from 1995 to 2021.
- How do Guatemala and Nicaragua rank globally for bound rate, simple mean, all products?
- Guatemala ranks 44th and Nicaragua ranks 47th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.