Bound rate, simple mean, primary products in Madagascar

Madagascar: Bound rate, simple mean, primary products was 29.7% in 2021. ▬ Flat

Latest (2021)
29.7%
Change on year
unchanged
World rank
81st
of 157 countries
All-time high
29.8%
in 1996
All-time low
29.7%
in 2012
Years of data
26
1995–2021

Bound rate, simple mean, primary products in Madagascar, 1995–2021

01020301995200820211995: 29.8 %1996: 29.8 %1997: 29.8 %1998: 29.8 %2000: 29.8 %2001: 29.8 %2002: 29.7 %2003: 29.7 %2004: 29.7 %2005: 29.7 %2006: 29.7 %2007: 29.7 %2008: 29.7 %2009: 29.7 %2010: 29.7 %2011: 29.7 %2012: 29.7 %2013: 29.7 %2014: 29.7 %2015: 29.7 %2016: 29.7 %2017: 29.7 %2018: 29.7 %2019: 29.7 %2020: 29.7 %2021: 29.7 %

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

Analysis

Madagascar recorded 29.7% for bound rate, simple mean, primary products in 2021.

That represents a change of up 0.1% over ten years.

Over the whole period, bound rate, simple mean, primary products in Madagascar peaked at 29.8% in 1996 and was at its lowest, 29.7%, in 2012.

That places Madagascar 81st out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 29.8% 29.8% 29.8% 4
2000s 29.7% 29.7% 29.8% 10
2010s 29.7% 29.7% 29.7% 10
2020s 29.7% 29.7% 29.7% 2

Countries ranked near Madagascar

  1. 78 Peru 30.5% compare
  2. 79 Congo 30.0% compare
  3. 80 Senegal 29.9% compare
  4. 82 Namibia 27.5% compare
  5. 82 South Africa 27.5% compare
  6. 84 Eswatini 27.4% compare

See the full ranking of 158 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is bound rate, simple mean, primary products in Madagascar?
Bound rate, simple mean, primary products in Madagascar was 29.7% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Madagascar?
The highest recorded value was 29.8% in 1996.
What is the lowest bound rate, simple mean, primary products recorded in Madagascar?
The lowest recorded value was 29.7% in 2012.
How does Madagascar rank for bound rate, simple mean, primary products?
Madagascar ranks 81st out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Madagascar?
Over the last ten years it is up 0.1%. 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, primary products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Bound rate, simple mean, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).