Bound rate, simple mean, manufactured products in Malawi

Malawi: Bound rate, simple mean, manufactured products was 45.6% in 2021. ▬ Flat

Latest (2021)
45.6%
Change on year
unchanged
World rank
32nd
of 157 countries
All-time high
46.5%
in 2000
All-time low
45.4%
in 2008
Years of data
19
1996–2021

Bound rate, simple mean, manufactured products in Malawi, 1996–2021

010203040501996200820211996: 46.4 %1997: 46.4 %1998: 46.4 %2000: 46.5 %2001: 46.5 %2003: 45.6 %2006: 45.6 %2008: 45.4 %2009: 45.4 %2010: 45.4 %2011: 45.4 %2012: 45.4 %2013: 45.4 %2014: 45.5 %2015: 45.5 %2016: 45.5 %2019: 45.6 %2020: 45.6 %2021: 45.6 %

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

Analysis

In 2021, bound rate, simple mean, manufactured products in Malawi stood at 45.6%.

Compared with earlier readings it is up 0.4% over ten years.

Over the whole period, bound rate, simple mean, manufactured products in Malawi peaked at 46.5% in 2000 and was at its lowest, 45.4%, in 2008.

That places Malawi 32nd out of 157 countries with data for 2021, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
1990s 46.4% 46.4% 46.4% 3
2000s 45.9% 45.4% 46.5% 6
2010s 45.5% 45.4% 45.6% 8
2020s 45.6% 45.6% 45.6% 2

Countries ranked near Malawi

  1. 29 Guyana 50.5% compare
  2. 30 Guinea-Bissau 49.9% compare
  3. 31 Sierra Leone 48.2% compare
  4. 33 Costa Rica 42.8% compare
  5. 34 Jamaica 42.3% compare
  6. 35 Tunisia 40.9% compare

See the full ranking of 158 places →

More private sector data for Malawi

All data for Malawi →

Frequently asked questions

What is bound rate, simple mean, manufactured products in Malawi?
Bound rate, simple mean, manufactured products in Malawi was 45.6% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Malawi?
The highest recorded value was 46.5% in 2000.
What is the lowest bound rate, simple mean, manufactured products recorded in Malawi?
The lowest recorded value was 45.4% in 2008.
How does Malawi rank for bound rate, simple mean, manufactured products?
Malawi ranks 32nd out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured products rising or falling in Malawi?
Over the last ten years it is up 0.4%. The long-run trend across the full record is flat.
Where does this Malawi data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, manufactured products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Bound rate, simple mean, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.