Madagascar vs Peru: Bound rate, simple mean, all products

Madagascar
27.5%
in 2021
Peru
29.5%
in 2022
Madagascar rank
72nd
Peru rank
71st

Bound rate, simple mean, all products over time

  • Madagascar
  • Peru
0102030199520082022

How they compare

Peru currently reports 29.5% against 27.5% in Madagascar, a difference of 2.0%.

That makes Peru's figure about 1.1 times Madagascar's.

Across all 23 years both countries report, Peru has been ahead every year.

Globally, Madagascar ranks 72nd and Peru ranks 71st 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.