Ecuador vs Lao People's Democratic Republic: Bound rate, simple mean, manufactured products
Bound rate, simple mean, manufactured products over time
- Ecuador
- Lao People's Democratic Republic
How they compare
Ecuador currently reports 21.2% against 18.1% in Lao People's Democratic Republic, a difference of 3.1%.
That makes Ecuador's figure about 1.2 times Lao People's Democratic Republic's.
Across all 9 years both countries report, Ecuador has been ahead every year.
Ecuador ranks 74th and Lao People's Democratic Republic ranks 77th of 157 countries.
Ecuador has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Ecuador | Lao People's Democratic Republic | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 21.2% | 18.1% | 3.1% | Ecuador |
| 2020s | 21.2% | 18.1% | 3.1% | Ecuador |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Ecuador or Lao People's Democratic Republic?
- Ecuador, at 21.2% against 18.1% in Lao People's Democratic Republic as of 2022.
- What is the difference in bound rate, simple mean, manufactured products between Ecuador and Lao People's Democratic Republic?
- 3.1%, with Ecuador ahead.
- How many years of comparable data are there for Ecuador and Lao People's Democratic Republic?
- 9 years are reported by both, from 2014 to 2022.
- How do Ecuador and Lao People's Democratic Republic rank globally for bound rate, simple mean, manufactured products?
- Ecuador ranks 74th and Lao People's Democratic Republic ranks 77th 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.