Bound rate, simple mean, manufactured products in Colombia
Colombia: Bound rate, simple mean, manufactured products was 34.8% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Colombia, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, bound rate, simple mean, manufactured products in Colombia stood at 34.8%. That is the highest value across all 28 years on record.
That represents a change of up 0.0% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Colombia peaked at 34.8% in 2017 and was at its lowest, 34.6%, in 2002.
Colombia ranks 50th of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, manufactured products in Colombia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 34.7% | — |
| 1996 | 34.6% | -0.3% |
| 1997 | 34.6% | +0.0% |
| 1998 | 34.6% | +0.0% |
| 1999 | 34.6% | +0.0% |
| 2000 | 34.6% | +0.0% |
| 2001 | 34.6% | +0.0% |
| 2002 | 34.6% | -0.1% |
| 2003 | 34.6% | +0.0% |
| 2004 | 34.6% | +0.0% |
| 2005 | 34.6% | +0.0% |
| 2006 | 34.6% | +0.0% |
| 2007 | 34.6% | +0.0% |
| 2008 | 34.8% | +0.6% |
| 2009 | 34.8% | +0.0% |
| 2010 | 34.8% | +0.0% |
| 2011 | 34.8% | +0.0% |
| 2012 | 34.8% | +0.0% |
| 2013 | 34.8% | -0.1% |
| 2014 | 34.8% | +0.0% |
| 2015 | 34.8% | +0.0% |
| 2016 | 34.8% | +0.0% |
| 2017 | 34.8% | +0.1% |
| 2018 | 34.8% | +0.0% |
| 2019 | 34.8% | +0.0% |
| 2020 | 34.8% | +0.0% |
| 2021 | 34.8% | +0.0% |
| 2022 | 34.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 34.6% | 34.6% | 34.7% | 5 |
| 2000s | 34.6% | 34.6% | 34.8% | 10 |
| 2010s | 34.8% | 34.8% | 34.8% | 10 |
| 2020s | 34.8% | 34.8% | 34.8% | 3 |
Countries ranked near Colombia
More private sector data for Colombia
- Merchandise trade 26.4% (2025)
- Food imports 13.7% (2024)
- Manufactures imports 72.9% (2024)
- Merchandise imports 70.50 billion current US$ (2025)
- Food exports 18.1% (2024)
- Manufactures exports 21.4% (2024)
- Merchandise exports 50.09 billion current US$ (2025)
- Merchandise exports (current US$), per capita 937.49 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1095 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.05 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Colombia?
- Bound rate, simple mean, manufactured products in Colombia was 34.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Colombia?
- The highest recorded value was 34.8% in 2017.
- What is the lowest bound rate, simple mean, manufactured products recorded in Colombia?
- The lowest recorded value was 34.6% in 2002.
- How does Colombia rank for bound rate, simple mean, manufactured products?
- Colombia ranks 50th out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured products rising or falling in Colombia?
- Over the last ten years it is up 0.0%. The long-run trend across the full record is flat.
- Where does this Colombia 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.
Download this data
CSV · JSON — 28 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.