Binding coverage, primary products in Malaysia

Malaysia: Binding coverage, primary products was 0.0% in 2022. ▼ Falling

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
84.2%
in 1996
All-time low
0.0%
in 2022
Years of data
23
1996–2022

Binding coverage, primary products in Malaysia, 1996–2022

0204060801996200920221996: 84.2 %1997: 84.2 %1998: 84.2 %1999: 84.2 %2000: 84.2 %2001: 84.2 %2002: 84.2 %2003: 84.2 %2004: 83.9 %2005: 83.9 %2006: 83.9 %2007: 83.9 %2008: 82.7 %2009: 82.7 %2010: 82.7 %2011: 82.7 %2012: 82.7 %2013: 81.3 %2014: 81.3 %2016: 81.3 %2020: 81.6 %2021: 81.6 %2022: 0 %

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

Analysis

The most recent figure for binding coverage, primary products in Malaysia is 0.0%, measured in 2022. That is the lowest value across all 23 years on record.

Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, primary products in Malaysia peaked at 84.2% in 1996 and was at its lowest, 0.0%, in 2022.

That places Malaysia 60th 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 23 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 84.2% 84.2% 84.2% 4
2000s 83.8% 82.7% 84.2% 10
2010s 82.0% 81.3% 82.7% 6
2020s 54.4% 0.0% 81.6% 3

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See the full ranking of 159 places →

More private sector data for Malaysia

All data for Malaysia →

Frequently asked questions

What is binding coverage, primary products in Malaysia?
Binding coverage, primary products in Malaysia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Malaysia?
The highest recorded value was 84.2% in 1996.
What is the lowest binding coverage, primary products recorded in Malaysia?
The lowest recorded value was 0.0% in 2022.
How does Malaysia rank for binding coverage, primary products?
Malaysia ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Malaysia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Malaysia 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).