Bound rate, simple mean, manufactured products in Thailand
Thailand: Bound rate, simple mean, manufactured products was 25.6% in 2021. ▬ Flat
Bound rate, simple mean, manufactured products in Thailand, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Thailand recorded 25.6% for bound rate, simple mean, manufactured products in 2021.
That represents a change of down 4.0% over ten years.
Over the whole period, bound rate, simple mean, manufactured products in Thailand peaked at 26.6% in 2008 and was at its lowest, 25.5%, in 2015.
That places Thailand 66th out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, manufactured products in Thailand, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 25.6% | — |
| 1999 | 25.5% | -0.5% |
| 2000 | 25.5% | +0.0% |
| 2001 | 25.5% | +0.0% |
| 2003 | 26.6% | +4.5% |
| 2004 | 26.6% | -0.2% |
| 2005 | 26.6% | -0.0% |
| 2006 | 26.6% | -0.0% |
| 2007 | 26.6% | +0.2% |
| 2008 | 26.6% | +0.1% |
| 2009 | 26.6% | +0.0% |
| 2010 | 26.6% | +0.0% |
| 2011 | 26.6% | -0.1% |
| 2013 | 26.6% | -0.2% |
| 2014 | 26.6% | -0.0% |
| 2015 | 25.5% | -4.1% |
| 2021 | 25.6% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.6% | 25.5% | 25.6% | 2 |
| 2000s | 26.4% | 25.5% | 26.6% | 9 |
| 2010s | 26.4% | 25.5% | 26.6% | 5 |
| 2020s | 25.6% | 25.6% | 25.6% | 1 |
Countries ranked near Thailand
More private sector data for Thailand
- Merchandise trade 118.6% (2025)
- Food imports 6.6% (2024)
- Manufactures imports 65.8% (2024)
- Merchandise imports 344.94 billion current US$ (2025)
- Food exports 14.7% (2024)
- Manufactures exports 72.1% (2024)
- Merchandise exports 339.63 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,742 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.5886 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 12.93 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, manufactured products in Thailand?
- Bound rate, simple mean, manufactured products in Thailand was 25.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, manufactured products recorded in Thailand?
- The highest recorded value was 26.6% in 2008.
- What is the lowest bound rate, simple mean, manufactured products recorded in Thailand?
- The lowest recorded value was 25.5% in 2015.
- How does Thailand rank for bound rate, simple mean, manufactured products?
- Thailand ranks 66th out of 157 countries with data for 2021.
- Is bound rate, simple mean, manufactured products rising or falling in Thailand?
- Over the last ten years it is down 4.0%. The long-run trend across the full record is flat.
- Where does this Thailand 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.