Bound rate, simple mean, all products (%) in Vietnam
Vietnam: Bound rate, simple mean, all products (%) was 11.4% in 2022. ▬ Flat
Bound rate, simple mean, all products in Vietnam, 2007–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, all products in Vietnam stood at 11.4%. That is the highest value across all 15 years on record.
The figure is up 0.2% over ten years.
Over the whole period, bound rate, simple mean, all products in Vietnam peaked at 11.4% in 2018 and was at its lowest, 11.3%, in 2007.
That places Vietnam 105th out of 157 countries with data for 2022, putting it in the middle of the range.
Bound rate, simple mean, all products (%) in Vietnam, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 11.3% | — |
| 2008 | 11.3% | +0.4% |
| 2009 | 11.3% | +0.0% |
| 2010 | 11.3% | +0.0% |
| 2012 | 11.4% | +0.1% |
| 2013 | 11.4% | +0.0% |
| 2014 | 11.4% | +0.0% |
| 2015 | 11.4% | +0.0% |
| 2016 | 11.4% | +0.0% |
| 2017 | 11.4% | +0.0% |
| 2018 | 11.4% | +0.2% |
| 2019 | 11.4% | +0.0% |
| 2020 | 11.4% | +0.0% |
| 2021 | 11.4% | +0.0% |
| 2022 | 11.4% | +0.0% |
Vietnam compared with similar countries
- Vietnam's 11.4% is below the median for upper middle income countries, which is 25.4%, 45% of the median. (45 countries reporting)
- Vietnam's 11.4% is below the median for East Asia & Pacific, which is 18.3%, 62% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.3% | 11.3% | 11.3% | 3 |
| 2010s | 11.4% | 11.3% | 11.4% | 9 |
| 2020s | 11.4% | 11.4% | 11.4% | 3 |
Countries ranked near Vietnam
More private sector data for Vietnam
- Merchandise trade 180.0% (2025)
- Food imports 8.8% (2023)
- Manufactures imports 74.7% (2023)
- Merchandise imports 453.78 billion current US$ (2025)
- Commercial service imports 40.54 billion current US$ (2025)
- Food exports 9.4% (2023)
- Manufactures exports 85.0% (2023)
- Merchandise exports 472.93 billion current US$ (2025)
- Commercial service exports 30.31 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,655 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Vietnam?
- Bound rate, simple mean, all products in Vietnam was 11.4% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Vietnam?
- The highest recorded value was 11.4% in 2018.
- What is the lowest bound rate, simple mean, all products recorded in Vietnam?
- The lowest recorded value was 11.3% in 2007.
- How does Vietnam rank for bound rate, simple mean, all products?
- Vietnam ranks 105th out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Vietnam?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is flat.
- Where does this Vietnam 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 — 15 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.