Bound rate, simple mean, primary products in Malaysia

Malaysia: Bound rate, simple mean, primary products was 11.8% in 2021. ◆ Volatile

Latest (2021)
11.8%
Change on year
unchanged
World rank
108th
of 157 countries
All-time high
109.7%
in 2002
All-time low
11.3%
in 1996
Years of data
22
1996–2021

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

204060801001996200820211996: 11.3 %1997: 11.3 %1998: 11.3 %1999: 11.3 %2000: 11.3 %2001: 11.3 %2002: 109.7 %2003: 107.8 %2004: 98.2 %2005: 96 %2006: 95 %2007: 94.4 %2008: 95.5 %2009: 94 %2010: 93.6 %2011: 93.5 %2012: 92.7 %2013: 93 %2014: 11.9 %2016: 11.9 %2020: 11.8 %2021: 11.8 %

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

Analysis

In 2021, bound rate, simple mean, primary products in Malaysia stood at 11.8%.

Compared with earlier readings it is down 87.4% over ten years.

Over the whole period, bound rate, simple mean, primary products in Malaysia peaked at 109.7% in 2002 and was at its lowest, 11.3%, in 1996.

That places Malaysia 108th out of 157 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 11.3% 11.3% 11.3% 4
2000s 81.3% 11.3% 109.7% 10
2010s 66.1% 11.9% 93.6% 6
2020s 11.8% 11.8% 11.8% 2

Countries ranked near Malaysia

  1. 105 Cote d'Ivoire 14.5% compare
  2. 106 Vietnam 13.7% compare
  3. 107 Armenia 11.9% compare
  4. 109 Saudi Arabia 11.8% compare
  5. 110 China 11.4% compare
  6. 111 Kyrgyzstan 10.0% compare

See the full ranking of 158 places →

More private sector data for Malaysia

All data for Malaysia →

Frequently asked questions

What is bound rate, simple mean, primary products in Malaysia?
Bound rate, simple mean, primary products in Malaysia was 11.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Malaysia?
The highest recorded value was 109.7% in 2002.
What is the lowest bound rate, simple mean, primary products recorded in Malaysia?
The lowest recorded value was 11.3% in 1996.
How does Malaysia rank for bound rate, simple mean, primary products?
Malaysia ranks 108th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Malaysia?
Over the last ten years it is down 87.4%. The long-run trend across the full record is volatile.
Where does this Malaysia 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).