Bound rate, simple mean, primary products in Malawi

Malawi: Bound rate, simple mean, primary products was 102.5% in 2021. ▼ Falling

Latest (2021)
102.5%
Change on year
unchanged
World rank
10th
of 157 countries
All-time high
108.3%
in 2000
All-time low
101.6%
in 2014
Years of data
19
1996–2021

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

02550751001996200820211996: 107.8 %1997: 107.8 %1998: 107.8 %2000: 108.3 %2001: 108.3 %2003: 107.6 %2006: 107.6 %2008: 106.3 %2009: 106.3 %2010: 106.3 %2011: 106.3 %2012: 106.3 %2013: 106.3 %2014: 101.6 %2015: 101.6 %2016: 101.6 %2019: 102.5 %2020: 102.5 %2021: 102.5 %

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

Analysis

Malawi recorded 102.5% for bound rate, simple mean, primary products in 2021.

The figure is down 3.5% over ten years.

Over the whole period, bound rate, simple mean, primary products in Malawi peaked at 108.3% in 2000 and was at its lowest, 101.6%, in 2014.

That places Malawi 10th out of 157 countries with data for 2021, putting it in the top 10%.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 107.8% 107.8% 107.8% 3
2000s 107.4% 106.3% 108.3% 6
2010s 104.1% 101.6% 106.3% 8
2020s 102.5% 102.5% 102.5% 2

Countries ranked near Malawi

  1. 7 Zimbabwe 111.9% compare
  2. 8 Gambia 106.3% compare
  3. 9 Tunisia 104.7% compare
  4. 11 Kuwait 100.0% compare
  5. 11 Mozambique 100.0% compare
  6. 13 Myanmar 99.5% 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, primary products in Malawi?
Bound rate, simple mean, primary products in Malawi was 102.5% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Malawi?
The highest recorded value was 108.3% in 2000.
What is the lowest bound rate, simple mean, primary products recorded in Malawi?
The lowest recorded value was 101.6% in 2014.
How does Malawi rank for bound rate, simple mean, primary products?
Malawi ranks 10th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Malawi?
Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
Where does this Malawi 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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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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).