Guinea vs Republic of Korea: Bound rate, simple mean, manufactured products
Guinea
10.7%
in 2021
Republic of Korea
11.1%
in 2021
Guinea rank
105th
Republic of Korea rank
102nd
Bound rate, simple mean, manufactured products over time
- Guinea
- Republic of Korea
How they compare
Republic of Korea currently reports 11.1% against 10.7% in Guinea, a difference of 0.4%.
The two have swapped places 3 times across 11 shared years of data; in 1998 it was Guinea ahead.
Guinea ranks 105th and Republic of Korea ranks 102nd of 157 countries.
Across the 4 decades both report, Guinea averaged higher in 2 and Republic of Korea in 2.
Head to head by decade
| Decade | Guinea | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 11.7% | 10.7% | 0.9% | Guinea |
| 2000s | 11.5% | 11.4% | 0.0% | Guinea |
| 2010s | 11.1% | 11.2% | 0.2% | Republic of Korea |
| 2020s | 10.7% | 11.1% | 0.4% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Guinea or Republic of Korea?
- Republic of Korea, at 11.1% against 10.7% in Guinea as of 2021.
- What is the difference in bound rate, simple mean, manufactured products between Guinea and Republic of Korea?
- 0.4%, with Republic of Korea ahead.
- How many years of comparable data are there for Guinea and Republic of Korea?
- 11 years are reported by both, from 1998 to 2021.
- How do Guinea and Republic of Korea rank globally for bound rate, simple mean, manufactured products?
- Guinea ranks 105th and Republic of Korea ranks 102nd 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.