Georgia vs Singapore: Bound rate, simple mean, primary products
Bound rate, simple mean, primary products over time
- Georgia
- Singapore
How they compare
Singapore currently reports 9.4% against 8.8% in Georgia, a difference of 0.6%.
That makes Singapore's figure about 1.1 times Georgia's.
Across all 18 years both countries report, Singapore has been ahead every year.
Georgia ranks 113th and Singapore ranks 112th of 157 countries.
Singapore has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Georgia | Singapore | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.3% | 15.1% | 5.8% | Singapore |
| 2010s | 9.0% | 20.2% | 11.2% | Singapore |
| 2020s | 8.8% | 9.4% | 0.6% | Singapore |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, primary products, Georgia or Singapore?
- Singapore, at 9.4% against 8.8% in Georgia as of 2022.
- What is the difference in bound rate, simple mean, primary products between Georgia and Singapore?
- 0.6%, with Singapore ahead.
- How many years of comparable data are there for Georgia and Singapore?
- 18 years are reported by both, from 2001 to 2022.
- How do Georgia and Singapore rank globally for bound rate, simple mean, primary products?
- Georgia ranks 113th and Singapore ranks 112th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).