Bound rate, simple mean, manufactured products in India
India: Bound rate, simple mean, manufactured products was 35.3% in 2021. β¬ Flat
Bound rate, simple mean, manufactured products in India, 1996β2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
India recorded 35.3% for bound rate, simple mean, manufactured products in 2021.
Compared with earlier readings it is down 0.7% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in India peaked at 38.3% in 2002 and was at its lowest, 35.2%, in 2015.
That places India 47th out of 157 countries with data for 2021, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.3% | 35.3% | 35.3% | 3 |
| 2000s | 35.9% | 35.3% | 38.3% | 10 |
| 2010s | 35.3% | 35.2% | 35.6% | 9 |
| 2020s | 35.3% | 35.3% | 35.3% | 2 |
Countries ranked near India
More private sector data for India
- Merchandise trade 30.3% (2025)
- Food imports 5.1% (2024)
- Manufactures imports 46.5% (2024)
- Merchandise imports 753.48 billion current US$ (2025)
- Food exports 11.1% (2024)
- Manufactures exports 67.1% (2024)
- Merchandise exports 445.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 304.18 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1126 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 0.5401 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in India?
- Bound rate, simple mean, manufactured products in India was 35.3% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in India?
- The highest recorded value was 38.3% in 2002.
- What is the lowest bound rate, simple mean, manufactured products recorded in India?
- The lowest recorded value was 35.2% in 2015.
- How does India rank for bound rate, simple mean, manufactured products?
- India ranks 47th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in India?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is flat.
- Where does this India 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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CSV Β· JSON β 24 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.