Bound rate, simple mean, all products in Guatemala
Guatemala: Bound rate, simple mean, all products was 41.7% in 2021. ▬ Flat
Bound rate, simple mean, all products in Guatemala, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, all products in Guatemala stood at 41.7%. That is the highest value across all 22 years on record.
The figure is up 1.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Guatemala peaked at 41.7% in 2020 and was at its lowest, 41.0%, in 2002.
That places Guatemala 44th out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, all products in Guatemala, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 41.1% | — |
| 1997 | 41.2% | +0.1% |
| 1998 | 41.2% | +0.0% |
| 1999 | 41.2% | +0.0% |
| 2000 | 41.2% | +0.0% |
| 2001 | 41.2% | +0.0% |
| 2002 | 41.0% | -0.3% |
| 2003 | 41.0% | +0.0% |
| 2004 | 41.0% | +0.0% |
| 2005 | 41.0% | +0.0% |
| 2006 | 41.0% | +0.0% |
| 2007 | 41.2% | +0.5% |
| 2008 | 41.2% | +0.0% |
| 2009 | 41.2% | +0.0% |
| 2010 | 41.2% | +0.0% |
| 2011 | 41.2% | +0.0% |
| 2012 | 41.6% | +0.8% |
| 2013 | 41.6% | +0.0% |
| 2014 | 41.6% | +0.0% |
| 2015 | 41.6% | +0.0% |
| 2020 | 41.7% | +0.2% |
| 2021 | 41.7% | +0.0% |
Guatemala compared with similar countries
- Guatemala's 41.7% is above the median for upper middle income countries, which is 25.4%, 1.6× the median. (45 countries reporting)
- Guatemala's 41.7% is above the median for Latin America & Caribbean, which is 38.5%, 1.1× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 41.2% | 41.1% | 41.2% | 4 |
| 2000s | 41.1% | 41.0% | 41.2% | 10 |
| 2010s | 41.5% | 41.2% | 41.6% | 6 |
| 2020s | 41.7% | 41.7% | 41.7% | 2 |
Countries ranked near Guatemala
More private sector data for Guatemala
- Merchandise trade 40.7% (2025)
- Food imports 17.4% (2024)
- Manufactures imports 64.4% (2024)
- Merchandise imports 34.61 billion current US$ (2025)
- Food exports 47.5% (2024)
- Manufactures exports 45.9% (2024)
- Merchandise exports 15.56 billion current US$ (2025)
- Merchandise exports (current US$), per capita 832.52 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1262 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.55 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Guatemala?
- Bound rate, simple mean, all products in Guatemala was 41.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Guatemala?
- The highest recorded value was 41.7% in 2020.
- What is the lowest bound rate, simple mean, all products recorded in Guatemala?
- The lowest recorded value was 41.0% in 2002.
- How does Guatemala rank for bound rate, simple mean, all products?
- Guatemala ranks 44th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Guatemala?
- Over the last ten years it is up 1.1%. The long-run trend across the full record is flat.
- Where does this Guatemala data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.