Bound rate, simple mean, primary products in Maldives

Maldives: Bound rate, simple mean, primary products was 40.1% in 2021. ▬ Flat

Latest (2021)
40.1%
Change on year
unchanged
World rank
60th
of 157 countries
All-time high
40.6%
in 2008
All-time low
40.0%
in 2012
Years of data
21
2000–2021

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

0102030402000201020212000: 40.4 %2001: 40.4 %2002: 40.4 %2003: 40.4 %2004: 40.4 %2005: 40.4 %2006: 40.4 %2008: 40.6 %2009: 40.6 %2010: 40.6 %2011: 40.6 %2012: 40 %2013: 40 %2014: 40 %2015: 40 %2016: 40 %2017: 40.1 %2018: 40.1 %2019: 40.1 %2020: 40.1 %2021: 40.1 %

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

Analysis

The most recent figure for bound rate, simple mean, primary products in Maldives is 40.1%, measured in 2021.

That represents a change of down 1.1% over ten years.

Over the whole period, bound rate, simple mean, primary products in Maldives peaked at 40.6% in 2008 and was at its lowest, 40.0%, in 2012.

That places Maldives 60th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 40.4% 40.4% 40.6% 9
2010s 40.2% 40.0% 40.6% 10
2020s 40.1% 40.1% 40.1% 2

Countries ranked near Maldives

  1. 57 El Salvador 41.5% compare
  2. 58 Papua New Guinea 41.2% compare
  3. 59 Fiji 40.4% compare
  4. 61 Bolivia 40.0% compare
  5. 62 Dominican Republic 38.9% compare
  6. 63 Gabon 38.4% 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, primary products in Maldives?
Bound rate, simple mean, primary products in Maldives was 40.1% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Maldives?
The highest recorded value was 40.6% in 2008.
What is the lowest bound rate, simple mean, primary products recorded in Maldives?
The lowest recorded value was 40.0% in 2012.
How does Maldives rank for bound rate, simple mean, primary products?
Maldives ranks 60th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Maldives?
Over the last ten years it is down 1.1%. 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, 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).