Bound rate, simple mean, manufactured products in Nicaragua
Nicaragua: Bound rate, simple mean, manufactured products was 40.8% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Nicaragua, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Nicaragua recorded 40.8% for bound rate, simple mean, manufactured products in 2021. That is the highest value across all 27 years on record.
The figure is up 0.1% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Nicaragua peaked at 40.8% in 2017 and was at its lowest, 40.5%, in 1997.
Nicaragua ranks 36th of 157 countries on this measure, in the top quarter.
Bound rate, simple mean, manufactured products in Nicaragua, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 40.6% | — |
| 1996 | 40.6% | +0.0% |
| 1997 | 40.5% | -0.3% |
| 1998 | 40.5% | +0.0% |
| 1999 | 40.5% | +0.0% |
| 2000 | 40.5% | +0.0% |
| 2001 | 40.5% | +0.0% |
| 2002 | 40.5% | +0.0% |
| 2003 | 40.5% | +0.0% |
| 2004 | 40.5% | +0.0% |
| 2005 | 40.5% | +0.0% |
| 2006 | 40.5% | +0.0% |
| 2007 | 40.8% | +0.6% |
| 2008 | 40.8% | +0.0% |
| 2009 | 40.8% | +0.0% |
| 2010 | 40.8% | +0.0% |
| 2011 | 40.8% | +0.0% |
| 2012 | 40.8% | +0.0% |
| 2013 | 40.8% | +0.0% |
| 2014 | 40.8% | +0.0% |
| 2015 | 40.8% | +0.0% |
| 2016 | 40.8% | +0.0% |
| 2017 | 40.8% | +0.1% |
| 2018 | 40.8% | +0.0% |
| 2019 | 40.8% | +0.0% |
| 2020 | 40.8% | +0.0% |
| 2021 | 40.8% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 40.6% | 40.5% | 40.6% | 5 |
| 2000s | 40.6% | 40.5% | 40.8% | 10 |
| 2010s | 40.8% | 40.8% | 40.8% | 10 |
| 2020s | 40.8% | 40.8% | 40.8% | 2 |
Countries ranked near Nicaragua
More private sector data for Nicaragua
- Merchandise trade 95.9% (2025)
- Food imports 16.6% (2024)
- Manufactures imports 68.6% (2024)
- Merchandise imports 12.43 billion current US$ (2025)
- Food exports 42.6% (2024)
- Manufactures exports 37.0% (2024)
- Merchandise exports 8.89 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,269 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3999 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 18.23 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Nicaragua?
- Bound rate, simple mean, manufactured products in Nicaragua was 40.8% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Nicaragua?
- The highest recorded value was 40.8% in 2017.
- What is the lowest bound rate, simple mean, manufactured products recorded in Nicaragua?
- The lowest recorded value was 40.5% in 1997.
- How does Nicaragua rank for bound rate, simple mean, manufactured products?
- Nicaragua ranks 36th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Nicaragua?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- Where does this Nicaragua 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 — 27 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.