Binding coverage, manufactured products in Sri Lanka
Sri Lanka: Binding coverage, manufactured products was 29.1% in 2021. ▼ Falling
Binding coverage, manufactured products in Sri Lanka, 1997–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2021, binding coverage, manufactured products in Sri Lanka stood at 29.1%.
Compared with earlier readings it is down 0.3% over ten years.
Over the whole period, binding coverage, manufactured products in Sri Lanka peaked at 32.5% in 1997 and was at its lowest, 29.1%, in 2003.
That places Sri Lanka 51st out of 158 countries with data for 2021, putting it 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 | 32.3% | 32.1% | 32.5% | 2 |
| 2000s | 29.8% | 29.1% | 32.1% | 9 |
| 2010s | 29.2% | 29.1% | 29.3% | 8 |
| 2020s | 29.1% | 29.1% | 29.1% | 2 |
Countries ranked near Sri Lanka
More private sector data for Sri Lanka
- Merchandise exports 13.58 billion current US$ (2025)
- Manufactures exports 66.0% (2024)
- Food exports 27.3% (2024)
- Merchandise imports 21.48 billion current US$ (2025)
- Manufactures imports 59.7% (2024)
- Food imports 15.3% (2024)
- Merchandise trade 32.2% (2025)
- Commercial service exports 6.87 billion current US$ (2024)
- Transport services 31.5% (2024)
- Computer, communications and other services 41.2% (2024)
Frequently asked questions
- What is binding coverage, manufactured products in Sri Lanka?
- Binding coverage, manufactured products in Sri Lanka was 29.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Sri Lanka?
- The highest recorded value was 32.5% in 1997.
- What is the lowest binding coverage, manufactured products recorded in Sri Lanka?
- The lowest recorded value was 29.1% in 2003.
- How does Sri Lanka rank for binding coverage, manufactured products?
- Sri Lanka ranks 51st out of 158 countries with data for 2021.
- Is binding coverage, manufactured products rising or falling in Sri Lanka?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is falling.
- Where does this Sri Lanka 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
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.