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

Bound rate, simple mean, all products (%) in Madagascar was 27.49 as of 2020. Its highest value over the past 25 years was 27.49 in 2020, while its lowest value was 27.05 in 1995.

Definition: 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1995 27.05
1996 27.12
1997 27.12
1998 27.12
2000 27.12
2001 27.12
2002 27.13
2003 27.13
2004 27.13
2005 27.13
2006 27.13
2007 27.29
2008 27.29
2009 27.29
2010 27.29
2011 27.29
2012 27.42
2013 27.42
2014 27.42
2015 27.42
2016 27.42
2017 27.49
2018 27.49
2019 27.49
2020 27.49

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs