Binding coverage, manufactured products in Suriname

Suriname: Binding coverage, manufactured products was 18.9% in 2022. ▼ Falling

Latest (2022)
18.9%
Change on year
unchanged
World rank
55th
of 158 countries
All-time high
21.0%
in 1996
All-time low
18.9%
in 2009
Years of data
14
1996–2022

Binding coverage, manufactured products in Suriname, 1996–2022

051015201996200920221996: 21 %1999: 20.8 %2000: 20.8 %2007: 20.8 %2009: 18.9 %2010: 18.9 %2011: 20.2 %2012: 18.9 %2013: 18.9 %2018: 18.9 %2019: 18.9 %2020: 18.9 %2021: 18.9 %2022: 18.9 %

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

Analysis

Suriname recorded 18.9% for binding coverage, manufactured products in 2022. That is the lowest value across all 14 years on record.

That represents a change of unchanged over ten years.

Over the whole period, binding coverage, manufactured products in Suriname peaked at 21.0% in 1996 and was at its lowest, 18.9%, in 2009.

That places Suriname 55th out of 158 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.9% 20.8% 21.0% 2
2000s 20.1% 18.9% 20.8% 3
2010s 19.2% 18.9% 20.2% 6
2020s 18.9% 18.9% 18.9% 3

Countries ranked near Suriname

  1. 52 Cote d'Ivoire 26.8% compare
  2. 53 Cuba 23.6% compare
  3. 54 Malawi 21.8% compare
  4. 56 Zimbabwe 8.5% compare
  5. 57 Myanmar 5.0% compare
  6. 58 Bangladesh 4.5% compare

See the full ranking of 159 places →

More private sector data for Suriname

All data for Suriname →

Frequently asked questions

What is binding coverage, manufactured products in Suriname?
Binding coverage, manufactured products in Suriname was 18.9% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, manufactured products recorded in Suriname?
The highest recorded value was 21.0% in 1996.
What is the lowest binding coverage, manufactured products recorded in Suriname?
The lowest recorded value was 18.9% in 2009.
How does Suriname rank for binding coverage, manufactured products?
Suriname ranks 55th out of 158 countries with data for 2022.
Is binding coverage, manufactured products rising or falling in Suriname?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Suriname 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.

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CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Binding coverage, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.