Bound rate, simple mean, all products in New Zealand
New Zealand: Bound rate, simple mean, all products was 9.4% in 2021. ▬ Flat
Bound rate, simple mean, all products in New Zealand, 1996–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
New Zealand recorded 9.4% for bound rate, simple mean, all products in 2021.
The figure is down 15.5% over ten years.
Over the whole period, bound rate, simple mean, all products in New Zealand peaked at 11.1% in 2011 and was at its lowest, 9.4%, in 2015.
New Zealand ranks 111th of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, all products in New Zealand, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 9.5% | — |
| 1997 | 9.5% | +0.0% |
| 1998 | 9.5% | +0.0% |
| 1999 | 9.5% | +0.0% |
| 2000 | 9.5% | +0.0% |
| 2001 | 9.5% | +0.0% |
| 2002 | 10.3% | +8.3% |
| 2003 | 10.3% | +0.5% |
| 2004 | 10.4% | +0.3% |
| 2005 | 10.3% | -0.4% |
| 2006 | 10.2% | -0.8% |
| 2007 | 10.2% | -0.8% |
| 2008 | 10.2% | +0.4% |
| 2009 | 10.2% | -0.1% |
| 2010 | 10.2% | +0.1% |
| 2011 | 11.1% | +9.0% |
| 2012 | 10.9% | -1.9% |
| 2013 | 10.9% | +0.0% |
| 2014 | 10.0% | -8.3% |
| 2015 | 9.4% | -6.2% |
| 2016 | 9.4% | +0.0% |
| 2017 | 9.4% | +0.2% |
| 2019 | 9.4% | +0.0% |
| 2020 | 9.4% | +0.0% |
| 2021 | 9.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.5% | 9.5% | 9.5% | 4 |
| 2000s | 10.1% | 9.5% | 10.4% | 10 |
| 2010s | 10.1% | 9.4% | 11.1% | 9 |
| 2020s | 9.4% | 9.4% | 9.4% | 2 |
Countries ranked near New Zealand
- 108 China 10.0% compare
- 109 Seychelles 9.9% compare
- 110 Australia 9.6% compare
- 112 Armenia 8.7% compare
- 113 Tajikistan 7.9% compare
- 114 Kyrgyzstan 7.6% compare
More private sector data for New Zealand
- Merchandise trade 35.7% (2025)
- Food imports 12.8% (2025)
- Manufactures imports 70.7% (2025)
- Merchandise imports 47.55 billion current US$ (2025)
- Food exports 69.0% (2025)
- Manufactures exports 14.0% (2025)
- Merchandise exports 46.70 billion current US$ (2025)
- Merchandise exports (current US$), per capita 8,770 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1769 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.43 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in New Zealand?
- Bound rate, simple mean, all products in New Zealand was 9.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in New Zealand?
- The highest recorded value was 11.1% in 2011.
- What is the lowest bound rate, simple mean, all products recorded in New Zealand?
- The lowest recorded value was 9.4% in 2015.
- How does New Zealand rank for bound rate, simple mean, all products?
- New Zealand ranks 111th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in New Zealand?
- Over the last ten years it is down 15.5%. The long-run trend across the full record is flat.
- Where does this New Zealand 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
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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.