China vs Iceland: Bound rate, simple mean, manufactured products
China
9.5%
in 2021
Iceland
10.3%
in 2021
China rank
109th
Iceland rank
106th
Bound rate, simple mean, manufactured products over time
- China
- Iceland
How they compare
Iceland currently reports 10.3% against 9.5% in China, a difference of 0.8%.
That makes Iceland's figure about 1.1 times China's.
Across all 16 years both countries report, Iceland has been ahead every year.
China ranks 109th and Iceland ranks 106th of 157 countries.
Iceland has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | China | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.6% | 10.6% | 1.0% | Iceland |
| 2010s | 9.5% | 10.4% | 0.9% | Iceland |
| 2020s | 9.5% | 10.3% | 0.8% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, China or Iceland?
- Iceland, at 10.3% against 9.5% in China as of 2021.
- What is the difference in bound rate, simple mean, manufactured products between China and Iceland?
- 0.8%, with Iceland ahead.
- How many years of comparable data are there for China and Iceland?
- 16 years are reported by both, from 2001 to 2021.
- How do China and Iceland rank globally for bound rate, simple mean, manufactured products?
- China ranks 109th and Iceland ranks 106th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.