Republic of Korea vs Viet Nam: Bound rate, simple mean, manufactured products
Republic of Korea
11.1%
in 2021
Viet Nam
10.8%
in 2022
Republic of Korea rank
102nd
Viet Nam rank
104th
Bound rate, simple mean, manufactured products over time
- Republic of Korea
- Viet Nam
How they compare
Republic of Korea currently reports 11.1% against 10.8% in Viet Nam, a difference of 0.3%.
Across all 13 years both countries report, Republic of Korea has been ahead every year.
Republic of Korea ranks 102nd and Viet Nam ranks 104th of 157 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Republic of Korea | Viet Nam | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 11.4% | 10.8% | 0.7% | Republic of Korea |
| 2010s | 11.2% | 10.8% | 0.5% | Republic of Korea |
| 2020s | 11.1% | 10.8% | 0.3% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Republic of Korea or Viet Nam?
- Republic of Korea, at 11.1% against 10.8% in Viet Nam as of 2021.
- What is the difference in bound rate, simple mean, manufactured products between Republic of Korea and Viet Nam?
- 0.3%, with Republic of Korea ahead.
- How many years of comparable data are there for Republic of Korea and Viet Nam?
- 13 years are reported by both, from 2007 to 2021.
- How do Republic of Korea and Viet Nam rank globally for bound rate, simple mean, manufactured products?
- Republic of Korea ranks 102nd and Viet Nam ranks 104th 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.