Nicaragua vs Vanuatu: Bound rate, simple mean, all products

Nicaragua
41.1%
in 2021
Vanuatu
40.1%
in 2021
Nicaragua rank
47th
Vanuatu rank
49th

Bound rate, simple mean, all products over time

  • Nicaragua
  • Vanuatu
010203040199520082021

How they compare

Nicaragua currently reports 41.1% against 40.1% in Vanuatu, a difference of 1.0%.

Across all 6 years both countries report, Nicaragua has been ahead every year.

Nicaragua ranks 47th and Vanuatu ranks 49th of 157 countries.

Nicaragua has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Nicaragua Vanuatu Difference Ahead
2010s 41.1% 40.0% 1.1% Nicaragua
2020s 41.1% 40.1% 1.0% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher bound rate, simple mean, all products, Nicaragua or Vanuatu?
Nicaragua, at 41.1% against 40.1% in Vanuatu as of 2021.
What is the difference in bound rate, simple mean, all products between Nicaragua and Vanuatu?
1.0%, with Nicaragua ahead.
How many years of comparable data are there for Nicaragua and Vanuatu?
6 years are reported by both, from 2012 to 2021.
How do Nicaragua and Vanuatu rank globally for bound rate, simple mean, all products?
Nicaragua ranks 47th and Vanuatu ranks 49th 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.

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Nicaragua vs Vanuatu: Bound rate, simple mean, all products. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 26 August 2026, from https://private-sector.statizoid.com/compare/bound-rate-simple-mean-all-products-percent/nicaragua/vanuatu/

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About this data

Indicator
Bound rate, simple mean, all 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.