Bound rate, simple mean, manufactured products (%) in Romania
Romania: Bound rate, simple mean, manufactured products (%) was 4.0% in 2021. ▼ Falling
Bound rate, simple mean, manufactured products in Romania, 2007–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Romania recorded 4.0% for bound rate, simple mean, manufactured products in 2021.
Compared with earlier readings it is down 4.5% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Romania peaked at 4.2% in 2007 and was at its lowest, 4.0%, in 2015.
That places Romania 125th out of 157 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Bound rate, simple mean, manufactured products (%) in Romania, year by year
| Year | % | Change |
|---|---|---|
| 2007 | 4.2% | — |
| 2008 | 4.2% | -0.2% |
| 2009 | 4.2% | +0.0% |
| 2010 | 4.2% | +0.0% |
| 2011 | 4.2% | +0.0% |
| 2012 | 4.2% | -0.5% |
| 2013 | 4.2% | -0.5% |
| 2014 | 4.2% | +0.0% |
| 2015 | 4.0% | -3.9% |
| 2016 | 4.0% | +0.0% |
| 2017 | 4.0% | +0.3% |
| 2018 | 4.0% | +0.0% |
| 2019 | 4.0% | +0.0% |
| 2020 | 4.0% | +0.0% |
| 2021 | 4.0% | +0.0% |
Romania compared with similar countries
- Romania's 4.0% is above the median for high income countries, which is 4.0%, 1.0× the median. (58 countries reporting)
- Romania's 4.0% is above the median for Europe & Central Asia, which is 4.0%, 1.0× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 4.2% | 4.2% | 3 |
| 2010s | 4.1% | 4.0% | 4.2% | 10 |
| 2020s | 4.0% | 4.0% | 4.0% | 2 |
Countries ranked near Romania
- 122 Canada 5.7% compare
- 123 Ukraine 5.2% compare
- 124 Montenegro 4.3% compare
- 125 Austria 4.0% compare
- 125 Belgium 4.0% compare
- 125 Bulgaria 4.0% compare
- 125 Croatia 4.0% compare
- 125 Cyprus 4.0% compare
- 125 Czechia 4.0% compare
- 125 Denmark 4.0% compare
- 125 Estonia 4.0% compare
- 125 Finland 4.0% compare
- 125 France 4.0% compare
- 125 Germany 4.0% compare
- 125 Greece 4.0% compare
- 125 Hungary 4.0% compare
- 125 Ireland 4.0% compare
- 125 Italy 4.0% compare
- 125 Latvia 4.0% compare
- 125 Lithuania 4.0% compare
- 125 Malta 4.0% compare
- 125 Netherlands 4.0% compare
- 125 Poland 4.0% compare
- 125 Portugal 4.0% compare
- 125 Slovakia 4.0% compare
- 125 Slovenia 4.0% compare
- 125 Spain 4.0% compare
- 125 Sweden 4.0% compare
- 125 United Kingdom 4.0% compare
More private sector data for Romania
- Merchandise trade 59.5% (2025)
- Food imports 10.5% (2025)
- Manufactures imports 77.7% (2025)
- Merchandise imports 146.04 billion current US$ (2025)
- Commercial service imports 35.67 billion current US$ (2025)
- Food exports 13.0% (2025)
- Manufactures exports 77.1% (2025)
- Merchandise exports 109.13 billion current US$ (2025)
- Commercial service exports 50.00 billion current US$ (2025)
- Merchandise exports (current US$), per capita 5,738 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Romania?
- Bound rate, simple mean, manufactured products in Romania was 4.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Romania?
- The highest recorded value was 4.2% in 2007.
- What is the lowest bound rate, simple mean, manufactured products recorded in Romania?
- The lowest recorded value was 4.0% in 2015.
- How does Romania rank for bound rate, simple mean, manufactured products?
- Romania ranks 125th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Romania?
- Over the last ten years it is down 4.5%. The long-run trend across the full record is falling.
- Where does this Romania 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.