Bound rate, simple mean, all products in Maldives

Maldives: Bound rate, simple mean, all products was 36.6% in 2021. ▬ Flat

Latest (2021)
36.6%
Change on year
unchanged
World rank
55th
of 157 countries
All-time high
36.8%
in 2000
All-time low
36.5%
in 2012
Years of data
21
2000–2021

Bound rate, simple mean, all products in Maldives, 2000–2021

0102030402000201020212000: 36.8 %2001: 36.8 %2002: 36.8 %2003: 36.7 %2004: 36.7 %2005: 36.7 %2006: 36.7 %2008: 36.6 %2009: 36.6 %2010: 36.6 %2011: 36.6 %2012: 36.5 %2013: 36.5 %2014: 36.5 %2015: 36.5 %2016: 36.5 %2017: 36.6 %2018: 36.6 %2019: 36.6 %2020: 36.6 %2021: 36.6 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

Maldives recorded 36.6% for bound rate, simple mean, all products in 2021.

Compared with earlier readings it is down 0.1% over ten years.

Over the whole period, bound rate, simple mean, all products in Maldives peaked at 36.8% in 2000 and was at its lowest, 36.5%, in 2012.

That places Maldives 55th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.7% 36.6% 36.8% 9
2010s 36.6% 36.5% 36.6% 10
2020s 36.6% 36.6% 36.6% 2

Countries ranked near Maldives

  1. 52 El Salvador 36.9% compare
  2. 53 Venezuela 36.7% compare
  3. 54 Egypt 36.6% compare
  4. 56 Central African Republic 35.9% compare
  5. 57 Mexico 35.0% compare
  6. 58 Bahrain 34.7% compare

See the full ranking of 158 places →

More private sector data for Maldives

All data for Maldives →

Frequently asked questions

What is bound rate, simple mean, all products in Maldives?
Bound rate, simple mean, all products in Maldives was 36.6% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Maldives?
The highest recorded value was 36.8% in 2000.
What is the lowest bound rate, simple mean, all products recorded in Maldives?
The lowest recorded value was 36.5% in 2012.
How does Maldives rank for bound rate, simple mean, all products?
Maldives ranks 55th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Maldives?
Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
Where does this Maldives 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 — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.