Binding coverage, primary products in Bangladesh

Bangladesh: Binding coverage, primary products was 53.6% in 2022. ▼ Falling

Latest (2022)
53.6%
Change on year
unchanged
World rank
58th
of 158 countries
All-time high
56.9%
in 1998
All-time low
53.2%
in 2012
Years of data
22
1998–2022

Binding coverage, primary products in Bangladesh, 1998–2022

02040601998201020221998: 56.9 %1999: 56.9 %2000: 56.9 %2001: 56.9 %2002: 56.9 %2003: 55.9 %2004: 55.9 %2005: 55.9 %2006: 55.9 %2007: 55.9 %2008: 54.6 %2009: 54.6 %2010: 54.6 %2011: 54.6 %2012: 53.2 %2013: 53.2 %2015: 53.2 %2016: 53.2 %2019: 53.6 %2020: 53.6 %2021: 53.6 %2022: 53.6 %

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

Analysis

The most recent figure for binding coverage, primary products in Bangladesh is 53.6%, measured in 2022.

That represents a change of up 0.7% over ten years.

Over the whole period, binding coverage, primary products in Bangladesh peaked at 56.9% in 1998 and was at its lowest, 53.2%, in 2012.

Bangladesh ranks 58th of 158 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 56.9% 56.9% 56.9% 2
2000s 56.0% 54.6% 56.9% 10
2010s 53.7% 53.2% 54.6% 7
2020s 53.6% 53.6% 53.6% 3

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More private sector data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is binding coverage, primary products in Bangladesh?
Binding coverage, primary products in Bangladesh was 53.6% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Bangladesh?
The highest recorded value was 56.9% in 1998.
What is the lowest binding coverage, primary products recorded in Bangladesh?
The lowest recorded value was 53.2% in 2012.
How does Bangladesh rank for binding coverage, primary products?
Bangladesh ranks 58th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Bangladesh?
Over the last ten years it is up 0.7%. The long-run trend across the full record is falling.
Where does this Bangladesh data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Binding coverage, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).