Bound rate, simple mean, manufactured products in Papua New Guinea
Papua New Guinea: Bound rate, simple mean, manufactured products was 29.4% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Papua New Guinea, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Papua New Guinea recorded 29.4% for bound rate, simple mean, manufactured products in 2021.
The figure is down 0.4% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Papua New Guinea peaked at 29.6% in 1997 and was at its lowest, 29.4%, in 2007.
Papua New Guinea ranks 61st of 157 countries on this measure, in the middle of the range.
Bound rate, simple mean, manufactured products in Papua New Guinea, year by year
| Year | % | Change |
|---|---|---|
| 1997 | 29.6% | — |
| 1999 | 29.6% | +0.0% |
| 2000 | 29.4% | -0.6% |
| 2001 | 29.4% | +0.0% |
| 2002 | 29.4% | +0.0% |
| 2003 | 29.4% | +0.0% |
| 2004 | 29.4% | +0.0% |
| 2005 | 29.4% | +0.0% |
| 2006 | 29.4% | +0.0% |
| 2007 | 29.4% | -0.0% |
| 2008 | 29.6% | +0.5% |
| 2009 | 29.6% | +0.0% |
| 2010 | 29.6% | +0.0% |
| 2012 | 29.5% | -0.2% |
| 2013 | 29.5% | +0.0% |
| 2018 | 29.4% | -0.3% |
| 2019 | 29.4% | +0.0% |
| 2020 | 29.4% | +0.0% |
| 2021 | 29.4% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.6% | 29.6% | 29.6% | 2 |
| 2000s | 29.5% | 29.4% | 29.6% | 10 |
| 2010s | 29.5% | 29.4% | 29.6% | 5 |
| 2020s | 29.4% | 29.4% | 29.4% | 2 |
Countries ranked near Papua New Guinea
More private sector data for Papua New Guinea
- Merchandise trade 62.0% (2025)
- Food imports 16.5% (2023)
- Manufactures imports 64.7% (2023)
- Merchandise imports 4.62 billion current US$ (2025)
- Food exports 19.7% (2023)
- Manufactures exports 1.8% (2023)
- Merchandise exports 15.54 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,444 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4782 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.21 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Papua New Guinea?
- Bound rate, simple mean, manufactured products in Papua New Guinea was 29.4% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Papua New Guinea?
- The highest recorded value was 29.6% in 1997.
- What is the lowest bound rate, simple mean, manufactured products recorded in Papua New Guinea?
- The lowest recorded value was 29.4% in 2007.
- How does Papua New Guinea rank for bound rate, simple mean, manufactured products?
- Papua New Guinea ranks 61st out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Papua New Guinea?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is flat.
- Where does this Papua New Guinea 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.