Bound rate, simple mean, all products in Myanmar

Myanmar: Bound rate, simple mean, all products was 84.3% in 2022. ▲ Rising

Latest (2022)
84.3%
Change on year
unchanged
World rank
14th
of 157 countries
All-time high
84.3%
in 2019
All-time low
79.4%
in 1996
Years of data
21
1996–2022

Bound rate, simple mean, all products in Myanmar, 1996–2022

0204060801996200920221996: 79.4 %1997: 79.4 %1998: 79.4 %1999: 79.4 %2000: 79.4 %2001: 79.4 %2002: 79.4 %2003: 79.4 %2004: 79.4 %2005: 79.8 %2006: 79.8 %2007: 80 %2008: 80 %2010: 84.1 %2011: 84.1 %2012: 83.3 %2013: 83.3 %2015: 83.8 %2019: 84.3 %2021: 84.3 %2022: 84.3 %

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

Analysis

Myanmar recorded 84.3% for bound rate, simple mean, all products in 2022. That is the highest value across all 21 years on record.

The figure is up 1.2% over ten years.

Over the whole period, bound rate, simple mean, all products in Myanmar peaked at 84.3% in 2019 and was at its lowest, 79.4%, in 1996.

Myanmar ranks 14th of 157 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 79.4% 79.4% 79.4% 4
2000s 79.6% 79.4% 80.0% 9
2010s 83.8% 83.3% 84.3% 6
2020s 84.3% 84.3% 84.3% 2

Countries ranked near Myanmar

  1. 11 Zimbabwe 89.6% compare
  2. 12 Rwanda 89.2% compare
  3. 13 Mauritius 85.9% compare
  4. 15 Lesotho 80.2% compare
  5. 16 Togo 80.0% compare
  6. 17 Chad 79.9% compare

See the full ranking of 158 places →

More private sector data for Myanmar

All data for Myanmar →

Frequently asked questions

What is bound rate, simple mean, all products in Myanmar?
Bound rate, simple mean, all products in Myanmar was 84.3% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, all products recorded in Myanmar?
The highest recorded value was 84.3% in 2019.
What is the lowest bound rate, simple mean, all products recorded in Myanmar?
The lowest recorded value was 79.4% in 1996.
How does Myanmar rank for bound rate, simple mean, all products?
Myanmar ranks 14th out of 157 countries with data for 2022.
Is bound rate, simple mean, all products rising or falling in Myanmar?
Over the last ten years it is up 1.2%. The long-run trend across the full record is rising.
Where does this Myanmar data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Bound rate, simple mean, all 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
Bound rate, simple mean, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.