Bound rate, simple mean, manufactured products (%) in Cuba
Cuba: Bound rate, simple mean, manufactured products (%) was 11.1% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Cuba, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Cuba recorded 11.1% for bound rate, simple mean, manufactured products in 2022.
Compared with earlier readings it is down 2.0% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Cuba peaked at 11.4% in 2003 and was at its lowest, 11.0%, in 2015.
That places Cuba 101st out of 157 countries with data for 2022, putting it in the middle of the range.
Bound rate, simple mean, manufactured products (%) in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 11.2% | — |
| 1997 | 11.2% | +0.0% |
| 1998 | 11.2% | +0.0% |
| 1999 | 11.2% | +0.0% |
| 2000 | 11.2% | +0.0% |
| 2001 | 11.2% | +0.0% |
| 2002 | 11.2% | +0.0% |
| 2003 | 11.4% | +2.1% |
| 2004 | 11.4% | +0.0% |
| 2005 | 11.4% | +0.0% |
| 2006 | 11.4% | +0.0% |
| 2007 | 11.4% | +0.0% |
| 2008 | 11.4% | +0.0% |
| 2009 | 11.3% | -0.7% |
| 2010 | 11.3% | +0.0% |
| 2011 | 11.3% | +0.0% |
| 2012 | 11.3% | +0.0% |
| 2013 | 11.3% | +0.0% |
| 2015 | 11.0% | -2.8% |
| 2016 | 11.0% | +0.0% |
| 2017 | 11.0% | +0.0% |
| 2019 | 11.1% | +0.8% |
| 2020 | 11.1% | +0.0% |
| 2021 | 11.1% | +0.0% |
| 2022 | 11.1% | +0.0% |
Cuba compared with similar countries
- Cuba's 11.1% is below the median for upper middle income countries, which is 19.9%, 56% of the median. (45 countries reporting)
- Cuba's 11.1% is below the median for Latin America & Caribbean, which is 35.2%, 31% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.2% | 11.2% | 11.2% | 4 |
| 2000s | 11.3% | 11.2% | 11.4% | 10 |
| 2010s | 11.2% | 11.0% | 11.3% | 8 |
| 2020s | 11.1% | 11.1% | 11.1% | 3 |
Countries ranked near Cuba
- 98 New Zealand 11.3% compare
- 99 Benin 11.2% compare
- 100 Oman 11.1% compare
- 102 South Korea 11.1% compare
- 103 Mauritania 11.0% compare
- 104 Vietnam 10.8% compare
More private sector data for Cuba
- Merchandise trade 8.3% (2020)
- Food imports 25.2% (2022)
- Manufactures imports 38.3% (2022)
- Merchandise imports 8.75 billion current US$ (2025)
- Food exports 30.7% (2022)
- Manufactures exports 7.8% (2022)
- Merchandise exports 1.62 billion current US$ (2025)
- Merchandise exports (current US$), per capita 148.12 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0159 current US$ per US$ of GDP (2020)
- Merchandise exports (current US$), annual growth rate 0.809 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Cuba?
- Bound rate, simple mean, manufactured products in Cuba was 11.1% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Cuba?
- The highest recorded value was 11.4% in 2003.
- What is the lowest bound rate, simple mean, manufactured products recorded in Cuba?
- The lowest recorded value was 11.0% in 2015.
- How does Cuba rank for bound rate, simple mean, manufactured products?
- Cuba ranks 101st out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured products rising or falling in Cuba?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is flat.
- Where does this Cuba 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.