Barbados vs Malawi: Bound rate, simple mean, all products

Barbados
78.9%
in 2022
Malawi
75.8%
in 2021
Barbados rank
20th
Malawi rank
22nd

Bound rate, simple mean, all products over time

  • Barbados
  • Malawi
020406080199620092022

How they compare

Barbados currently reports 78.9% against 75.8% in Malawi, a difference of 3.2%.

Across all 11 years both countries report, Barbados has been ahead every year.

Globally, Barbados ranks 20th and Malawi ranks 22nd of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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.