Bound rate, simple mean, all products (%) in Guinea
Guinea: Bound rate, simple mean, all products (%) was 20.9% in 2021. ▬ Flat
Bound rate, simple mean, all products in Guinea, 1998–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, bound rate, simple mean, all products in Guinea stood at 20.9%. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 3.0% over ten years.
Over the whole period, bound rate, simple mean, all products in Guinea peaked at 20.9% in 2017 and was at its lowest, 20.2%, in 1998.
That places Guinea 85th out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, all products (%) in Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 20.2% | — |
| 2004 | 20.2% | +0.0% |
| 2005 | 20.3% | +0.6% |
| 2008 | 20.3% | +0.0% |
| 2009 | 20.3% | +0.0% |
| 2010 | 20.3% | +0.0% |
| 2012 | 20.3% | +0.0% |
| 2017 | 20.9% | +3.0% |
| 2018 | 20.9% | +0.0% |
| 2019 | 20.9% | +0.0% |
| 2020 | 20.9% | +0.0% |
| 2021 | 20.9% | +0.0% |
Guinea compared with similar countries
- Guinea's 20.9% is below the median for lower middle income countries, which is 40.1%, 52% of the median. (39 countries reporting)
- Guinea's 20.9% is below the median for Sub-Saharan Africa, which is 48.5%, 43% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20.2% | 20.2% | 20.2% | 1 |
| 2000s | 20.3% | 20.2% | 20.3% | 4 |
| 2010s | 20.7% | 20.3% | 20.9% | 5 |
| 2020s | 20.9% | 20.9% | 20.9% | 2 |
Countries ranked near Guinea
More private sector data for Guinea
- Merchandise trade 82.7% (2025)
- Food imports 26.6% (2016)
- Manufactures imports 58.5% (2016)
- Merchandise imports 8.34 billion current US$ (2025)
- Commercial service imports 3.15 billion current US$ (2024)
- Food exports 4.3% (2016)
- Manufactures exports 3.7% (2016)
- Merchandise exports 15.10 billion current US$ (2025)
- Commercial service exports 54.12 million current US$ (2024)
- Merchandise exports (current US$), per capita 1,000 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Guinea?
- Bound rate, simple mean, all products in Guinea was 20.9% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Guinea?
- The highest recorded value was 20.9% in 2017.
- What is the lowest bound rate, simple mean, all products recorded in Guinea?
- The lowest recorded value was 20.2% in 1998.
- How does Guinea rank for bound rate, simple mean, all products?
- Guinea ranks 85th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Guinea?
- Over the last ten years it is up 3.0%. The long-run trend across the full record is flat.
- Where does this Guinea 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 — 12 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.