Bound rate, simple mean, primary products in Madagascar
Madagascar: Bound rate, simple mean, primary products was 29.7% in 2021. ▬ Flat
Bound rate, simple mean, primary products in Madagascar, 1995–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Madagascar recorded 29.7% for bound rate, simple mean, primary products in 2021.
That represents a change of up 0.1% over ten years.
Over the whole period, bound rate, simple mean, primary products in Madagascar peaked at 29.8% in 1996 and was at its lowest, 29.7%, in 2012.
That places Madagascar 81st out of 157 countries with data for 2021, putting it in the middle of the range.
Bound rate, simple mean, primary products in Madagascar, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 29.8% | — |
| 1996 | 29.8% | +0.0% |
| 1997 | 29.8% | +0.0% |
| 1998 | 29.8% | +0.0% |
| 2000 | 29.8% | +0.0% |
| 2001 | 29.8% | +0.0% |
| 2002 | 29.7% | -0.4% |
| 2003 | 29.7% | +0.0% |
| 2004 | 29.7% | +0.0% |
| 2005 | 29.7% | +0.0% |
| 2006 | 29.7% | +0.0% |
| 2007 | 29.7% | -0.1% |
| 2008 | 29.7% | +0.0% |
| 2009 | 29.7% | +0.0% |
| 2010 | 29.7% | +0.0% |
| 2011 | 29.7% | +0.0% |
| 2012 | 29.7% | -0.0% |
| 2013 | 29.7% | +0.0% |
| 2014 | 29.7% | +0.0% |
| 2015 | 29.7% | +0.0% |
| 2016 | 29.7% | +0.0% |
| 2017 | 29.7% | +0.2% |
| 2018 | 29.7% | +0.0% |
| 2019 | 29.7% | +0.0% |
| 2020 | 29.7% | +0.0% |
| 2021 | 29.7% | +0.0% |
Madagascar compared with similar countries
- Madagascar's 29.7% is below the median for low income countries, which is 80.0%, 37% of the median. (15 countries reporting)
- Madagascar's 29.7% is below the median for Sub-Saharan Africa, which is 68.1%, 44% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.8% | 29.8% | 29.8% | 4 |
| 2000s | 29.7% | 29.7% | 29.8% | 10 |
| 2010s | 29.7% | 29.7% | 29.7% | 10 |
| 2020s | 29.7% | 29.7% | 29.7% | 2 |
Countries ranked near Madagascar
More private sector data for Madagascar
- Merchandise trade 39.4% (2025)
- Food imports 18.4% (2024)
- Manufactures imports 58.9% (2024)
- Merchandise imports 5.24 billion current US$ (2025)
- Food exports 30.5% (2024)
- Manufactures exports 32.3% (2024)
- Merchandise exports 2.50 billion current US$ (2025)
- Merchandise exports (current US$), per capita 76.3 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1273 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.25 % change on previous year (2025)
Frequently asked questions
- What is bound rate, simple mean, primary products in Madagascar?
- Bound rate, simple mean, primary products in Madagascar was 29.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Madagascar?
- The highest recorded value was 29.8% in 1996.
- What is the lowest bound rate, simple mean, primary products recorded in Madagascar?
- The lowest recorded value was 29.7% in 2012.
- How does Madagascar rank for bound rate, simple mean, primary products?
- Madagascar ranks 81st out of 157 countries with data for 2021.
- Is bound rate, simple mean, primary products rising or falling in Madagascar?
- Over the last ten years it is up 0.1%. 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, primary products (%). Statizoid updates them automatically from the source API.
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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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).