Bound rate, simple mean, all products in Morocco

Morocco: Bound rate, simple mean, all products was 41.3% in 2021. ▬ Flat

Latest (2021)
41.3%
Change on year
unchanged
World rank
45th
of 157 countries
All-time high
41.3%
in 2017
All-time low
41.2%
in 2002
Years of data
20
1997–2021

Bound rate, simple mean, all products in Morocco, 1997–2021

0102030401997200920211997: 41.3 %2000: 41.3 %2001: 41.3 %2002: 41.2 %2003: 41.2 %2005: 41.2 %2006: 41.2 %2007: 41.2 %2008: 41.2 %2009: 41.2 %2010: 41.2 %2011: 41.2 %2012: 41.2 %2014: 41.2 %2015: 41.3 %2016: 41.3 %2017: 41.3 %2019: 41.3 %2020: 41.3 %2021: 41.3 %

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

Analysis

The most recent figure for bound rate, simple mean, all products in Morocco is 41.3%, measured in 2021. That is the highest value across all 20 years on record.

The figure is up 0.3% over ten years.

Over the whole period, bound rate, simple mean, all products in Morocco peaked at 41.3% in 2017 and was at its lowest, 41.2%, in 2002.

That places Morocco 45th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 41.3% 41.3% 41.3% 1
2000s 41.2% 41.2% 41.3% 9
2010s 41.3% 41.2% 41.3% 8
2020s 41.3% 41.3% 41.3% 2

Countries ranked near Morocco

  1. 42 Costa Rica 43.0% compare
  2. 43 Colombia 42.8% compare
  3. 44 Guatemala 41.7% compare
  4. 46 Djibouti 41.3% compare
  5. 47 Nicaragua 41.1% compare
  6. 48 Fiji 40.1% compare

See the full ranking of 158 places →

More private sector data for Morocco

All data for Morocco →

Frequently asked questions

What is bound rate, simple mean, all products in Morocco?
Bound rate, simple mean, all products in Morocco was 41.3% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Morocco?
The highest recorded value was 41.3% in 2017.
What is the lowest bound rate, simple mean, all products recorded in Morocco?
The lowest recorded value was 41.2% in 2002.
How does Morocco rank for bound rate, simple mean, all products?
Morocco ranks 45th out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Morocco?
Over the last ten years it is up 0.3%. The long-run trend across the full record is flat.
Where does this Morocco 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.

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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.