Binding coverage, all products in Malawi

Malawi: Binding coverage, all products was 33.9% in 2021. ▬ Flat

Latest (2021)
33.9%
Change on year
unchanged
World rank
53rd
of 158 countries
All-time high
34.2%
in 1997
All-time low
32.1%
in 2008
Years of data
19
1996–2021

Binding coverage, all products in Malawi, 1996–2021

01020301996200820211996: 34.2 %1997: 34.2 %1998: 34.2 %2000: 34.2 %2001: 34.2 %2003: 33.4 %2006: 33.4 %2008: 32.1 %2009: 32.1 %2010: 32.1 %2011: 32.1 %2012: 32.1 %2013: 32.1 %2014: 34 %2015: 34 %2016: 34 %2019: 33.9 %2020: 33.9 %2021: 33.9 %

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

Analysis

In 2021, binding coverage, all products in Malawi stood at 33.9%.

The figure is up 5.7% over ten years.

Over the whole period, binding coverage, all products in Malawi peaked at 34.2% in 1997 and was at its lowest, 32.1%, in 2008.

Malawi ranks 53rd of 158 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 34.2% 34.2% 34.2% 3
2000s 33.2% 32.1% 34.2% 6
2010s 33.1% 32.1% 34.0% 8
2020s 33.9% 33.9% 33.9% 2

Countries ranked near Malawi

  1. 50 Mauritania 40.6% compare
  2. 51 Sri Lanka 40.6% compare
  3. 52 Cote d'Ivoire 34.2% compare
  4. 54 Cuba 32.6% compare
  5. 55 Suriname 27.4% compare
  6. 56 Zimbabwe 24.4% compare

See the full ranking of 159 places →

More private sector data for Malawi

All data for Malawi →

Frequently asked questions

What is binding coverage, all products in Malawi?
Binding coverage, all products in Malawi was 33.9% in 2021, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Malawi?
The highest recorded value was 34.2% in 1997.
What is the lowest binding coverage, all products recorded in Malawi?
The lowest recorded value was 32.1% in 2008.
How does Malawi rank for binding coverage, all products?
Malawi ranks 53rd out of 158 countries with data for 2021.
Is binding coverage, all products rising or falling in Malawi?
Over the last ten years it is up 5.7%. The long-run trend across the full record is flat.
Where does this Malawi data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, all products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Binding coverage, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
159 places, 3,312 data points, 1995–2022
Last refreshed

Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.