Dominican Republic vs Venezuela: Bound rate, simple mean, manufactured products (%)
Dominican Republic
33.0%
in 2021
Venezuela
33.9%
in 2022
Dominican Republic rank
54th
Venezuela rank
51st
Bound rate, simple mean, manufactured products (%) over time
- Dominican Republic
- Venezuela
How they compare
Venezuela currently reports 33.9% against 33.0% in Dominican Republic, a difference of 0.9%.
Across all 22 years both countries report, Venezuela has been ahead every year.
Dominican Republic ranks 54th and Venezuela ranks 51st of 157 countries.
Venezuela has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Dominican Republic | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 33.1% | 33.9% | 0.8% | Venezuela |
| 2000s | 33.0% | 33.9% | 0.8% | Venezuela |
| 2010s | 33.0% | 33.9% | 0.9% | Venezuela |
| 2020s | 33.0% | 33.9% | 0.8% | Venezuela |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Dominican Republic or Venezuela?
- Venezuela, at 33.9% against 33.0% in Dominican Republic as of 2022.
- What is the difference in bound rate, simple mean, manufactured products between Dominican Republic and Venezuela?
- 0.9%, with Venezuela ahead.
- How many years of comparable data are there for Dominican Republic and Venezuela?
- 22 years are reported by both, from 1997 to 2021.
- How do Dominican Republic and Venezuela rank globally for bound rate, simple mean, manufactured products?
- Dominican Republic ranks 54th and Venezuela ranks 51st 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.