Binding coverage, manufactured products in Panama
Panama: Binding coverage, manufactured products was 0.0% in 2022. ▼ Falling
Binding coverage, manufactured products in Panama, 1997–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for binding coverage, manufactured products in Panama is 0.0%, measured in 2022. That is the lowest value across all 21 years on record.
The figure is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, binding coverage, manufactured products in Panama peaked at 98.9% in 1997 and was at its lowest, 0.0%, in 2022.
Panama ranks 60th of 158 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 98.7% | 98.7% | 98.9% | 3 |
| 2000s | 98.7% | 98.6% | 98.7% | 10 |
| 2010s | 98.7% | 98.6% | 98.8% | 5 |
| 2020s | 65.8% | 0.0% | 98.7% | 3 |
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More private sector data for Panama
- Merchandise exports 11.90 billion current US$ (2025)
- Manufactures exports 10.9% (2024)
- Food exports 73.6% (2024)
- Merchandise imports 25.76 billion current US$ (2025)
- Manufactures imports 60.2% (2024)
- Food imports 18.7% (2024)
- Merchandise trade 41.6% (2025)
- Commercial service exports 20.06 billion current US$ (2025)
- Transport services 46.7% (2025)
- Computer, communications and other services 13.7% (2025)
Frequently asked questions
- What is binding coverage, manufactured products in Panama?
- Binding coverage, manufactured products in Panama was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Panama?
- The highest recorded value was 98.9% in 1997.
- What is the lowest binding coverage, manufactured products recorded in Panama?
- The lowest recorded value was 0.0% in 2022.
- How does Panama rank for binding coverage, manufactured products?
- Panama ranks 60th out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Panama?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
- Where does this Panama data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
Download this data
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About this data
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.