Bound rate, simple mean, all products (%) in Madagascar

Madagascar: Bound rate, simple mean, all products (%) was 27.5% in 2021. ▬ Flat

Latest (2021)
27.5%
Change on year
unchanged
World rank
72nd
of 157 countries
All-time high
27.5%
in 2017
All-time low
27.1%
in 1995
Years of data
26
1995–2021

Bound rate, simple mean, all products in Madagascar, 1995–2021

01020301995200820211995: 27.1 %1996: 27.1 %1997: 27.1 %1998: 27.1 %2000: 27.1 %2001: 27.1 %2002: 27.1 %2003: 27.1 %2004: 27.1 %2005: 27.1 %2006: 27.1 %2007: 27.3 %2008: 27.3 %2009: 27.3 %2010: 27.3 %2011: 27.3 %2012: 27.4 %2013: 27.4 %2014: 27.4 %2015: 27.4 %2016: 27.4 %2017: 27.5 %2018: 27.5 %2019: 27.5 %2020: 27.5 %2021: 27.5 %

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

Analysis

The most recent figure for bound rate, simple mean, all products in Madagascar is 27.5%, measured in 2021. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 0.7% over ten years.

Over the whole period, bound rate, simple mean, all products in Madagascar peaked at 27.5% in 2017 and was at its lowest, 27.1%, in 1995.

That places Madagascar 72nd out of 157 countries with data for 2021, putting it in the middle of the range.

Bound rate, simple mean, all products (%) in Madagascar, year by year

Annual values for Bound rate, simple mean, all products (%) in Madagascar, 1995 to 2021.
Year % Change
1995 27.1% —
1996 27.1% +0.3%
1997 27.1% +0.0%
1998 27.1% +0.0%
2000 27.1% +0.0%
2001 27.1% +0.0%
2002 27.1% +0.0%
2003 27.1% +0.0%
2004 27.1% +0.0%
2005 27.1% +0.0%
2006 27.1% +0.0%
2007 27.3% +0.6%
2008 27.3% +0.0%
2009 27.3% +0.0%
2010 27.3% +0.0%
2011 27.3% +0.0%
2012 27.4% +0.5%
2013 27.4% +0.0%
2014 27.4% +0.0%
2015 27.4% +0.0%
2016 27.4% +0.0%
2017 27.5% +0.3%
2018 27.5% +0.0%
2019 27.5% +0.0%
2020 27.5% +0.0%
2021 27.5% +0.0%

Madagascar compared with similar countries

  • Madagascar's 27.5% is below the median for low income countries, which is 69.4%, 40% of the median. (15 countries reporting)
  • Madagascar's 27.5% is below the median for Sub-Saharan Africa, which is 48.5%, 57% of the median. (39 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 27.1% 27.1% 27.1% 4
2000s 27.2% 27.1% 27.3% 10
2010s 27.4% 27.3% 27.5% 10
2020s 27.5% 27.5% 27.5% 2

Countries ranked near Madagascar

  1. 69 Mali 29.6% compare
  2. 70 Benin 29.5% compare
  3. 71 Peru 29.5% compare
  4. 73 Congo 27.4% compare
  5. 74 Nepal 26.3% compare
  6. 75 Philippines 25.8% compare

See the full ranking of 158 places →

More private sector data for Madagascar

All data for Madagascar →

Frequently asked questions

What is bound rate, simple mean, all products in Madagascar?
Bound rate, simple mean, all products in Madagascar was 27.5% in 2021, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Madagascar?
The highest recorded value was 27.5% in 2017.
What is the lowest bound rate, simple mean, all products recorded in Madagascar?
The lowest recorded value was 27.1% in 1995.
How does Madagascar rank for bound rate, simple mean, all products?
Madagascar ranks 72nd out of 157 countries with data for 2021.
Is bound rate, simple mean, all products rising or falling in Madagascar?
Over the last ten years it is up 0.7%. The long-run trend across the full record is flat.
Where does this Madagascar data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.

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Bound rate, simple mean, all products in Madagascar. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 08 November 2026, from https://private-sector.statizoid.com/stat/bound-rate-simple-mean-all-products-percent/madagascar/

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About this data

Indicator
Bound rate, simple mean, all 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.