Bound rate, simple mean, all products in Madagascar
Madagascar: Bound rate, simple mean, all products was 27.5% in 2021. ▬ Flat
Bound rate, simple mean, all products in Madagascar, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Madagascar is 27.5%, measured in 2021. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 0.7% over ten years.
Over the whole period, bound rate, simple mean, all products in Madagascar peaked at 27.5% in 2017 and was at its lowest, 27.1%, in 1995.
That places Madagascar 72nd out of 157 countries with data for 2021, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.1% | 27.1% | 27.1% | 4 |
| 2000s | 27.2% | 27.1% | 27.3% | 10 |
| 2010s | 27.4% | 27.3% | 27.5% | 10 |
| 2020s | 27.5% | 27.5% | 27.5% | 2 |
Countries ranked near Madagascar
More private sector data for Madagascar
- Merchandise exports 2.50 billion current US$ (2025)
- Manufactures exports 32.3% (2024)
- Food exports 30.5% (2024)
- Merchandise imports 5.24 billion current US$ (2025)
- Manufactures imports 58.9% (2024)
- Food imports 18.4% (2024)
- Merchandise trade 39.4% (2025)
- Commercial service exports 1.52 billion current US$ (2024)
- Transport services 42.0% (2024)
- Computer, communications and other services 42.5% (2024)
Frequently asked questions
- What is bound rate, simple mean, all products in Madagascar?
- Bound rate, simple mean, all products in Madagascar was 27.5% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Madagascar?
- The highest recorded value was 27.5% in 2017.
- What is the lowest bound rate, simple mean, all products recorded in Madagascar?
- The lowest recorded value was 27.1% in 1995.
- How does Madagascar rank for bound rate, simple mean, all products?
- Madagascar ranks 72nd out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Madagascar?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
- Where does this Madagascar data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.