Bound rate, simple mean, manufactured products in Belgium
Belgium: Bound rate, simple mean, manufactured products was 4.0% in 2021. ▼ Falling
Bound rate, simple mean, manufactured products in Belgium, 2000–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Belgium recorded 4.0% for bound rate, simple mean, manufactured products in 2021.
That represents a change of down 4.5% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Belgium peaked at 4.2% in 2004 and was at its lowest, 4.0%, in 2015.
Belgium ranks 125th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 22 years of available data.
Bound rate, simple mean, manufactured products in Belgium, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.2% | — |
| 2001 | 4.2% | +0.0% |
| 2002 | 4.2% | +0.5% |
| 2003 | 4.2% | +0.0% |
| 2004 | 4.2% | +0.2% |
| 2005 | 4.2% | +0.0% |
| 2006 | 4.2% | +0.0% |
| 2007 | 4.2% | -0.9% |
| 2008 | 4.2% | -0.2% |
| 2009 | 4.2% | +0.0% |
| 2010 | 4.2% | +0.0% |
| 2011 | 4.2% | +0.0% |
| 2012 | 4.2% | -0.5% |
| 2013 | 4.2% | -0.5% |
| 2014 | 4.2% | +0.0% |
| 2015 | 4.0% | -3.9% |
| 2016 | 4.0% | +0.0% |
| 2017 | 4.0% | +0.3% |
| 2018 | 4.0% | +0.0% |
| 2019 | 4.0% | +0.0% |
| 2020 | 4.0% | +0.0% |
| 2021 | 4.0% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 4.2% | 4.2% | 10 |
| 2010s | 4.1% | 4.0% | 4.2% | 10 |
| 2020s | 4.0% | 4.0% | 4.0% | 2 |
Countries ranked near Belgium
- 122 Canada 5.7% compare
- 123 Ukraine 5.2% compare
- 124 Montenegro 4.3% compare
- 125 Austria 4.0% compare
- 125 Bulgaria 4.0% compare
- 125 Croatia 4.0% compare
- 125 Cyprus 4.0% compare
- 125 Czechia 4.0% compare
- 125 Denmark 4.0% compare
- 125 Estonia 4.0% compare
- 125 Finland 4.0% compare
- 125 France 4.0% compare
- 125 Germany 4.0% compare
- 125 Greece 4.0% compare
- 125 Hungary 4.0% compare
- 125 Ireland 4.0% compare
- 125 Italy 4.0% compare
- 125 Latvia 4.0% compare
- 125 Lithuania 4.0% compare
- 125 Malta 4.0% compare
- 125 Netherlands 4.0% compare
- 125 Poland 4.0% compare
- 125 Portugal 4.0% compare
- 125 Romania 4.0% compare
- 125 Slovak Republic 4.0% compare
- 125 Slovenia 4.0% compare
- 125 Spain 4.0% compare
- 125 Sweden 4.0% compare
- 125 United Kingdom 4.0% compare
More private sector data for Belgium
- Merchandise trade 152.4% (2025)
- Food imports 11.8% (2024)
- Manufactures imports 66.2% (2024)
- Merchandise imports 537.70 billion current US$ (2025)
- Food exports 13.3% (2024)
- Manufactures exports 69.1% (2024)
- Merchandise exports 568.11 billion current US$ (2025)
- Merchandise exports (current US$), per capita 47,573 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.7831 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.44 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Belgium?
- Bound rate, simple mean, manufactured products in Belgium was 4.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Belgium?
- The highest recorded value was 4.2% in 2004.
- What is the lowest bound rate, simple mean, manufactured products recorded in Belgium?
- The lowest recorded value was 4.0% in 2015.
- How does Belgium rank for bound rate, simple mean, manufactured products?
- Belgium ranks 125th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Belgium?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Belgium data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.