Iceland vs Malaysia: Bound rate, simple mean, all products
Iceland
13.8%
in 2021
Malaysia
14.5%
in 2021
Iceland rank
104th
Malaysia rank
102nd
Bound rate, simple mean, all products over time
- Iceland
- Malaysia
How they compare
Malaysia currently reports 14.5% against 13.8% in Iceland, a difference of 0.7%.
The two have swapped places 2 times across 19 shared years of data; in 1996 it was Malaysia ahead.
Iceland ranks 104th and Malaysia ranks 102nd of 157 countries.
Malaysia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Iceland | Malaysia | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 13.5% | 14.5% | 1.0% | Malaysia |
| 2000s | 21.8% | 29.3% | 7.6% | Malaysia |
| 2010s | 23.3% | 27.0% | 3.7% | Malaysia |
| 2020s | 13.8% | 14.5% | 0.7% | Malaysia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Iceland or Malaysia?
- Malaysia, at 14.5% against 13.8% in Iceland as of 2021.
- What is the difference in bound rate, simple mean, all products between Iceland and Malaysia?
- 0.7%, with Malaysia ahead.
- How many years of comparable data are there for Iceland and Malaysia?
- 19 years are reported by both, from 1996 to 2021.
- How do Iceland and Malaysia rank globally for bound rate, simple mean, all products?
- Iceland ranks 104th and Malaysia ranks 102nd of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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.