Bound rate, simple mean, manufactured products in Maldives

Maldives: Bound rate, simple mean, manufactured products was 35.5% in 2021. ▬ Flat

Latest (2021)
35.5%
Change on year
unchanged
World rank
45th
of 157 countries
All-time high
35.7%
in 2003
All-time low
35.5%
in 2012
Years of data
21
2000–2021

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

0102030402000201020212000: 35.7 %2001: 35.7 %2002: 35.7 %2003: 35.7 %2004: 35.7 %2005: 35.7 %2006: 35.7 %2008: 35.5 %2009: 35.5 %2010: 35.5 %2011: 35.5 %2012: 35.5 %2013: 35.5 %2014: 35.5 %2015: 35.5 %2016: 35.5 %2017: 35.5 %2018: 35.5 %2019: 35.5 %2020: 35.5 %2021: 35.5 %

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

Analysis

Maldives recorded 35.5% for bound rate, simple mean, manufactured products in 2021.

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

Over the whole period, bound rate, simple mean, manufactured products in Maldives peaked at 35.7% in 2003 and was at its lowest, 35.5%, in 2012.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 35.7% 35.5% 35.7% 9
2010s 35.5% 35.5% 35.5% 10
2020s 35.5% 35.5% 35.5% 2

Countries ranked near Maldives

  1. 42 Vanuatu 38.0% compare
  2. 43 Central African Republic 37.8% compare
  3. 44 Niger 37.0% compare
  4. 46 El Salvador 35.4% compare
  5. 47 India 35.3% compare
  6. 48 Indonesia 35.2% 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, manufactured products in Maldives?
Bound rate, simple mean, manufactured products in Maldives was 35.5% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, manufactured products recorded in Maldives?
The highest recorded value was 35.7% in 2003.
What is the lowest bound rate, simple mean, manufactured products recorded in Maldives?
The lowest recorded value was 35.5% in 2012.
How does Maldives rank for bound rate, simple mean, manufactured products?
Maldives ranks 45th out of 157 countries with data for 2021.
Is bound rate, simple mean, manufactured 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, 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.