Bound rate, simple mean, manufactured products in Lao People's Democratic Republic
Lao People's Democratic Republic: Bound rate, simple mean, manufactured products was 18.1% in 2022. ▬ Flat
Bound rate, simple mean, manufactured products in Lao People's Democratic Republic, 2014–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Lao People's Democratic Republic recorded 18.1% for bound rate, simple mean, manufactured products in 2022. That is the highest value across all 9 years on record.
The figure is unchanged over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Lao People's Democratic Republic peaked at 18.1% in 2014 and was at its lowest, 18.1%, in 2014.
Lao People's Democratic Republic ranks 77th of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, manufactured products in Lao People's Democratic Republic, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 18.1% | — |
| 2015 | 18.1% | +0.0% |
| 2016 | 18.1% | +0.0% |
| 2017 | 18.1% | +0.0% |
| 2018 | 18.1% | +0.0% |
| 2019 | 18.1% | +0.0% |
| 2020 | 18.1% | +0.0% |
| 2021 | 18.1% | +0.0% |
| 2022 | 18.1% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 18.1% | 18.1% | 18.1% | 6 |
| 2020s | 18.1% | 18.1% | 18.1% | 3 |
Countries ranked near Lao People's Democratic Republic
More private sector data for Lao People's Democratic Republic
- Merchandise trade 124.1% (2025)
- Food imports 12.7% (2023)
- Manufactures imports 61.7% (2023)
- Merchandise imports 10.34 billion current US$ (2025)
- Food exports 23.2% (2023)
- Manufactures exports 32.8% (2023)
- Merchandise exports 12.38 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,572 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.6762 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 31.87 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Lao People's Democratic Republic?
- Bound rate, simple mean, manufactured products in Lao People's Democratic Republic was 18.1% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Lao People's Democratic Republic?
- The highest recorded value was 18.1% in 2014.
- What is the lowest bound rate, simple mean, manufactured products recorded in Lao People's Democratic Republic?
- The lowest recorded value was 18.1% in 2014.
- How does Lao People's Democratic Republic rank for bound rate, simple mean, manufactured products?
- Lao People's Democratic Republic ranks 77th out of 157 countries with data for 2022.
- Is bound rate, simple mean, manufactured products rising or falling in Lao People's Democratic Republic?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Lao People's Democratic Republic 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.