Bound rate, simple mean, primary products in Morocco

Morocco: Bound rate, simple mean, primary products was 47.4% in 2021. ▬ Flat

Latest (2021)
47.4%
Change on year
unchanged
World rank
48th
of 157 countries
All-time high
48.0%
in 1997
All-time low
47.2%
in 2015
Years of data
20
1997–2021

Bound rate, simple mean, primary products in Morocco, 1997–2021

010203040501997200920211997: 48 %2000: 48 %2001: 48 %2002: 47.7 %2003: 47.7 %2005: 47.7 %2006: 47.7 %2007: 47.7 %2008: 47.7 %2009: 47.7 %2010: 47.7 %2011: 47.7 %2012: 47.7 %2014: 47.7 %2015: 47.2 %2016: 47.2 %2017: 47.4 %2019: 47.4 %2020: 47.4 %2021: 47.4 %

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

Analysis

Morocco recorded 47.4% for bound rate, simple mean, primary products in 2021.

That represents a change of down 0.7% over ten years.

Over the whole period, bound rate, simple mean, primary products in Morocco peaked at 48.0% in 1997 and was at its lowest, 47.2%, in 2015.

That places Morocco 48th out of 157 countries with data for 2021, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 48.0% 48.0% 48.0% 1
2000s 47.7% 47.7% 48.0% 9
2010s 47.5% 47.2% 47.7% 8
2020s 47.4% 47.4% 47.4% 2

Countries ranked near Morocco

  1. 45 Israel 55.9% compare
  2. 46 Guatemala 47.9% compare
  3. 47 Sri Lanka 47.6% compare
  4. 49 Vanuatu 46.0% compare
  5. 50 Djibouti 45.2% compare
  6. 51 Venezuela 45.0% compare

See the full ranking of 158 places →

More private sector data for Morocco

All data for Morocco →

Frequently asked questions

What is bound rate, simple mean, primary products in Morocco?
Bound rate, simple mean, primary products in Morocco was 47.4% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Morocco?
The highest recorded value was 48.0% in 1997.
What is the lowest bound rate, simple mean, primary products recorded in Morocco?
The lowest recorded value was 47.2% in 2015.
How does Morocco rank for bound rate, simple mean, primary products?
Morocco ranks 48th out of 157 countries with data for 2021.
Is bound rate, simple mean, primary products rising or falling in Morocco?
Over the last ten years it is down 0.7%. The long-run trend across the full record is flat.
Where does this Morocco 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).