Bound rate, simple mean, all products (%) in Maldives
Maldives: Bound rate, simple mean, all products (%) was 36.6% in 2021. ▬ Flat
Bound rate, simple mean, all products in Maldives, 2000–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Maldives recorded 36.6% for bound rate, simple mean, all products in 2021.
Compared with earlier readings it is down 0.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Maldives peaked at 36.8% in 2000 and was at its lowest, 36.5%, in 2012.
That places Maldives 55th out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, all products (%) in Maldives, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 36.8% | — |
| 2001 | 36.8% | +0.0% |
| 2002 | 36.8% | +0.0% |
| 2003 | 36.7% | -0.1% |
| 2004 | 36.7% | +0.0% |
| 2005 | 36.7% | +0.0% |
| 2006 | 36.7% | +0.0% |
| 2008 | 36.6% | -0.3% |
| 2009 | 36.6% | +0.0% |
| 2010 | 36.6% | +0.0% |
| 2011 | 36.6% | +0.0% |
| 2012 | 36.5% | -0.2% |
| 2013 | 36.5% | +0.0% |
| 2014 | 36.5% | +0.0% |
| 2015 | 36.5% | +0.0% |
| 2016 | 36.5% | +0.0% |
| 2017 | 36.6% | +0.1% |
| 2018 | 36.6% | +0.0% |
| 2019 | 36.6% | +0.0% |
| 2020 | 36.6% | +0.0% |
| 2021 | 36.6% | +0.0% |
Maldives compared with similar countries
- Maldives's 36.6% is above the median for upper middle income countries, which is 25.4%, 1.4× the median. (45 countries reporting)
- Maldives's 36.6% is above the median for South Asia, which is 36.6%, 1.0× the median. (5 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.7% | 36.6% | 36.8% | 9 |
| 2010s | 36.6% | 36.5% | 36.6% | 10 |
| 2020s | 36.6% | 36.6% | 36.6% | 2 |
Countries ranked near Maldives
More private sector data for Maldives
- Merchandise trade 52.5% (2025)
- Food imports 22.0% (2025)
- Manufactures imports 53.4% (2025)
- Merchandise imports 3.62 billion current US$ (2025)
- Commercial service imports 1.88 billion current US$ (2025)
- Food exports 97.0% (2025)
- Manufactures exports 0.2% (2025)
- Merchandise exports 444.00 million current US$ (2025)
- Commercial service exports 5.79 billion current US$ (2025)
- Merchandise exports (current US$), per capita 838.25 current US$ per person (2025)
Frequently asked questions
- What is bound rate, simple mean, all products in Maldives?
- Bound rate, simple mean, all products in Maldives was 36.6% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Maldives?
- The highest recorded value was 36.8% in 2000.
- What is the lowest bound rate, simple mean, all products recorded in Maldives?
- The lowest recorded value was 36.5% in 2012.
- How does Maldives rank for bound rate, simple mean, all products?
- Maldives ranks 55th out of 157 countries with data for 2021.
- Is bound rate, simple mean, all products rising or falling in Maldives?
- Over the last ten years it is down 0.1%. 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, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.