Binding coverage, primary products in Myanmar

Myanmar: Binding coverage, primary products was 58.5% in 2022. ▬ Flat

Latest (2022)
58.5%
Change on year
unchanged
World rank
53rd
of 158 countries
All-time high
60.7%
in 2005
All-time low
57.7%
in 2012
Years of data
21
1996–2022

Binding coverage, primary products in Myanmar, 1996–2022

02040601996200920221996: 60.5 %1997: 60.5 %1998: 60.5 %1999: 60.5 %2000: 60.5 %2001: 60.5 %2002: 60.5 %2003: 60.5 %2004: 60.5 %2005: 60.7 %2006: 60.7 %2007: 60.7 %2008: 60.7 %2010: 59.9 %2011: 59.9 %2012: 57.7 %2013: 57.7 %2015: 57.7 %2019: 58.5 %2021: 58.5 %2022: 58.5 %

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

Analysis

In 2022, binding coverage, primary products in Myanmar stood at 58.5%.

Compared with earlier readings it is up 1.3% over ten years.

Over the whole period, binding coverage, primary products in Myanmar peaked at 60.7% in 2005 and was at its lowest, 57.7%, in 2012.

Myanmar ranks 53rd of 158 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 60.5% 60.5% 60.5% 4
2000s 60.6% 60.5% 60.7% 9
2010s 58.6% 57.7% 59.9% 6
2020s 58.5% 58.5% 58.5% 2

Countries ranked near Myanmar

  1. 50 Philippines 65.7% compare
  2. 51 Tunisia 63.1% compare
  3. 52 Mauritania 58.6% compare
  4. 54 Cuba 58.4% compare
  5. 55 Suriname 55.7% compare
  6. 56 Fiji 55.7% compare

See the full ranking of 159 places →

More private sector data for Myanmar

All data for Myanmar →

Frequently asked questions

What is binding coverage, primary products in Myanmar?
Binding coverage, primary products in Myanmar was 58.5% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Myanmar?
The highest recorded value was 60.7% in 2005.
What is the lowest binding coverage, primary products recorded in Myanmar?
The lowest recorded value was 57.7% in 2012.
How does Myanmar rank for binding coverage, primary products?
Myanmar ranks 53rd out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Myanmar?
Over the last ten years it is up 1.3%. The long-run trend across the full record is flat.
Where does this Myanmar 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.

Download this data

CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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).