Bound rate, simple mean, manufactured products in Georgia
Georgia: Bound rate, simple mean, manufactured products was 6.5% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Georgia, 2001–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, manufactured products in Georgia is 6.5%, measured in 2022.
That represents a change of down 1.8% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Georgia peaked at 6.7% in 2013 and was at its lowest, 6.4%, in 2001.
That places Georgia 118th out of 157 countries with data for 2022, putting it in the bottom quarter.
Bound rate, simple mean, manufactured products in Georgia, year by year
| Year | % | Change |
|---|---|---|
| 2001 | 6.4% | — |
| 2002 | 6.4% | +0.0% |
| 2003 | 6.4% | +0.0% |
| 2004 | 6.4% | +0.0% |
| 2005 | 6.4% | +0.0% |
| 2006 | 6.4% | +0.0% |
| 2007 | 6.7% | +3.7% |
| 2008 | 6.7% | +0.0% |
| 2009 | 6.7% | +0.0% |
| 2010 | 6.7% | -0.2% |
| 2011 | 6.6% | -0.2% |
| 2012 | 6.6% | -0.2% |
| 2013 | 6.7% | +1.1% |
| 2015 | 6.5% | -2.7% |
| 2016 | 6.5% | +0.0% |
| 2020 | 6.5% | +0.0% |
| 2021 | 6.5% | -0.2% |
| 2022 | 6.5% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.5% | 6.4% | 6.7% | 9 |
| 2010s | 6.6% | 6.5% | 6.7% | 6 |
| 2020s | 6.5% | 6.5% | 6.5% | 3 |
Countries ranked near Georgia
- 115 Albania 7.0% compare
- 116 North Macedonia 6.7% compare
- 117 Kyrgyzstan 6.7% compare
- 119 Republic of Moldova 6.3% compare
- 120 Kazakhstan 6.0% compare
- 121 Singapore 5.8% compare
More private sector data for Georgia
- Merchandise trade 67.7% (2025)
- Food imports 12.5% (2024)
- Manufactures imports 72.4% (2024)
- Merchandise imports 18.53 billion current US$ (2025)
- Food exports 45.9% (2024)
- Manufactures exports 33.7% (2024)
- Merchandise exports 7.29 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,852 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1911 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.16 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Georgia?
- Bound rate, simple mean, manufactured products in Georgia was 6.5% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Georgia?
- The highest recorded value was 6.7% in 2013.
- What is the lowest bound rate, simple mean, manufactured products recorded in Georgia?
- The lowest recorded value was 6.4% in 2001.
- How does Georgia rank for bound rate, simple mean, manufactured products?
- Georgia ranks 118th out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured products rising or falling in Georgia?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
- Where does this Georgia 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.