Bound rate, simple mean, all products (%) in Paraguay
Paraguay: Bound rate, simple mean, all products (%) was 33.5% in 2022. ▬ Flat
Bound rate, simple mean, all products in Paraguay, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Paraguay is 33.5%, measured in 2022.
That represents a change of up 0.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Paraguay peaked at 33.5% in 2002 and was at its lowest, 33.4%, in 2008.
That places Paraguay 60th out of 157 countries with data for 2022, putting it in the middle of the range.
Bound rate, simple mean, all products (%) in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 33.4% | — |
| 1996 | 33.4% | -0.1% |
| 1997 | 33.4% | +0.0% |
| 1998 | 33.4% | +0.0% |
| 1999 | 33.4% | +0.0% |
| 2000 | 33.4% | +0.0% |
| 2001 | 33.4% | +0.0% |
| 2002 | 33.5% | +0.1% |
| 2003 | 33.5% | +0.0% |
| 2004 | 33.5% | +0.0% |
| 2005 | 33.5% | +0.0% |
| 2006 | 33.5% | +0.0% |
| 2007 | 33.5% | +0.0% |
| 2008 | 33.4% | -0.2% |
| 2009 | 33.4% | +0.0% |
| 2010 | 33.4% | +0.0% |
| 2011 | 33.4% | +0.0% |
| 2012 | 33.4% | +0.0% |
| 2013 | 33.4% | +0.1% |
| 2014 | 33.4% | +0.0% |
| 2015 | 33.4% | +0.0% |
| 2016 | 33.4% | +0.0% |
| 2017 | 33.5% | +0.1% |
| 2018 | 33.5% | +0.0% |
| 2019 | 33.5% | +0.0% |
| 2020 | 33.5% | +0.0% |
| 2021 | 33.5% | +0.0% |
| 2022 | 33.5% | +0.0% |
Paraguay compared with similar countries
- Paraguay's 33.5% is above the median for upper middle income countries, which is 25.4%, 1.3× the median. (45 countries reporting)
- Paraguay's 33.5% is below the median for Latin America & Caribbean, which is 38.5%, 87% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 33.4% | 33.4% | 33.4% | 5 |
| 2000s | 33.4% | 33.4% | 33.5% | 10 |
| 2010s | 33.4% | 33.4% | 33.5% | 10 |
| 2020s | 33.5% | 33.5% | 33.5% | 3 |
Countries ranked near Paraguay
More private sector data for Paraguay
- Merchandise trade 61.3% (2025)
- Food imports 7.8% (2025)
- Manufactures imports 79.2% (2025)
- Merchandise imports 19.13 billion current US$ (2025)
- Commercial service imports 2.73 billion current US$ (2025)
- Food exports 69.1% (2025)
- Manufactures exports 16.3% (2025)
- Merchandise exports 11.08 billion current US$ (2025)
- Commercial service exports 3.51 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,580 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Paraguay?
- Bound rate, simple mean, all products in Paraguay was 33.5% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Paraguay?
- The highest recorded value was 33.5% in 2002.
- What is the lowest bound rate, simple mean, all products recorded in Paraguay?
- The lowest recorded value was 33.4% in 2008.
- How does Paraguay rank for bound rate, simple mean, all products?
- Paraguay ranks 60th out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Paraguay?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- Where does this Paraguay 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.
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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.