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Korea, Rep. Bound rate, simple mean, all products (%)
What is Korea, Rep.'s bound rate, simple mean, all products (%)? As of 2021, it's 16.6 USD Mn, down from 18.2 USD Mn in 2014.
Author: Wantstats Research TeamSource: World Bank and Wantstats Repository
| Label | Bound rate, simple mean, all products (%) |
|---|---|
| 2014 | 18.23 USD Mn |
| 2015 | 16.48 USD Mn |
| 2016 | 16.48 USD Mn |
| 2017 | 16.55 USD Mn |
| 2018 | 16.55 USD Mn |
| 2020 | 16.55 USD Mn |
| 2021 | 16.55 USD Mn |
Data Source: World Bank and Wantstats Repository
Korea, Rep. Bound rate, simple mean, all products (%): Key Points
- In 2021, Korea, Rep.'s bound rate, simple mean, all products stood at 16.55 % — down from 18.23 % in 2014, a fall of roughly 9%.
- 2015: slips to 16.48 % (-10%).
- 2016-2021: sits at 16.55 %, near enough unchanged.
- 2018-2020: A real gap in the record here, not a flat period — the source has no reading at all for the years in between.
- 4 years in a row show the exact same value — a flag for imputed or interpolated data, not 4 independent readings.
- 2021: The chart closes at 16.55 %. Over the full stretch from 2014, that's a 9.2% loss.
What A Flat Run Really Means
This is not a clean trend line, so resist the urge to draw one. Korea, Rep.'s number moves both directions across the period — treat any single year as a snapshot, not a forecast.
Data like this is rarely a fresh annual count. It is more often a periodic survey with the in-between years estimated — worth knowing before treating every single year as an independent, precise measurement.
The source simply doesn't have a reading for every year in this range — the 2018-to-2020 jump skips real missing years, worth keeping in mind before assuming a smooth path between them.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.