Bound rate, simple mean, all products (%) in Norway
Norway: Bound rate, simple mean, all products (%) was 2.8% in 2021. ◆ Volatile
Bound rate, simple mean, all products in Norway, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Norway is 2.8%, measured in 2021.
The figure is down 86.8% over ten years.
Over the whole period, bound rate, simple mean, all products in Norway peaked at 23.9% in 2012 and was at its lowest, 2.8%, in 2015.
That places Norway 154th out of 157 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Bound rate, simple mean, all products (%) in Norway, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 2.8% | — |
| 1996 | 2.9% | +0.7% |
| 1997 | 2.9% | +0.0% |
| 1998 | 2.9% | +0.0% |
| 1999 | 2.9% | +0.0% |
| 2000 | 2.9% | +0.0% |
| 2001 | 2.9% | +0.0% |
| 2002 | 23.5% | +724.9% |
| 2003 | 23.2% | -1.4% |
| 2004 | 22.7% | -2.3% |
| 2005 | 23.0% | +1.6% |
| 2006 | 23.0% | -0.1% |
| 2007 | 22.9% | -0.7% |
| 2008 | 21.9% | -4.3% |
| 2009 | 21.5% | -1.5% |
| 2010 | 21.4% | -0.5% |
| 2011 | 21.4% | -0.3% |
| 2012 | 23.9% | +11.8% |
| 2013 | 23.8% | -0.6% |
| 2014 | 23.6% | -0.8% |
| 2015 | 2.8% | -88.1% |
| 2016 | 2.8% | +0.0% |
| 2017 | 2.8% | +0.7% |
| 2018 | 2.8% | +0.0% |
| 2019 | 2.8% | +0.0% |
| 2020 | 2.8% | +0.0% |
| 2021 | 2.8% | +0.0% |
Norway compared with similar countries
- Norway's 2.8% is below the median for high income countries, which is 4.4%, 64% of the median. (58 countries reporting)
- Norway's 2.8% is below the median for Europe & Central Asia, which is 4.4%, 64% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Bound rate, simple mean, all products (%) in Norway changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +724.9% | 2.9% | 23.5% |
| 2015 | -88.1% | 23.6% | 2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.8% | 2.8% | 2.9% | 5 |
| 2000s | 18.7% | 2.9% | 23.5% | 10 |
| 2010s | 12.8% | 2.8% | 23.9% | 10 |
| 2020s | 2.8% | 2.8% | 2.8% | 2 |
Countries ranked near Norway
- 152 United States 3.6% compare
- 153 Japan 3.1% compare
- 155 Hong Kong 0.0%
- 155 Macao 0.0%
- 155 Switzerland 0.0% compare
More private sector data for Norway
- Merchandise trade 52.4% (2025)
- Food imports 11.0% (2025)
- Manufactures imports 73.2% (2025)
- Merchandise imports 107.32 billion current US$ (2025)
- Commercial service imports 74.40 billion current US$ (2025)
- Food exports 10.8% (2025)
- Manufactures exports 17.4% (2025)
- Merchandise exports 170.57 billion current US$ (2025)
- Commercial service exports 64.45 billion current US$ (2025)
- Merchandise exports (current US$), per capita 30,399 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Norway?
- Bound rate, simple mean, all products in Norway was 2.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Norway?
- The highest recorded value was 23.9% in 2012.
- What is the lowest bound rate, simple mean, all products recorded in Norway?
- The lowest recorded value was 2.8% in 2015.
- How does Norway rank for bound rate, simple mean, all products?
- Norway ranks 154th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Norway?
- Over the last ten years it is down 86.8%. The long-run trend across the full record is volatile.
- Where does this Norway 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 — 27 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.