Bound rate, simple mean, primary products in Myanmar

Myanmar: Bound rate, simple mean, primary products was 99.5% in 2022. ▬ Flat

Latest (2022)
99.5%
Change on year
unchanged
World rank
13th
of 157 countries
All-time high
100.7%
in 2010
All-time low
98.6%
in 2012
Years of data
21
1996–2022

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

02550751001996200920221996: 99.7 %1997: 99.7 %1998: 99.7 %1999: 99.7 %2000: 99.7 %2001: 99.7 %2002: 99.7 %2003: 99.7 %2004: 99.7 %2005: 100 %2006: 100 %2007: 99.4 %2008: 99.4 %2010: 100.7 %2011: 100.7 %2012: 98.6 %2013: 98.6 %2015: 99.2 %2019: 99.5 %2021: 99.5 %2022: 99.5 %

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

Analysis

In 2022, bound rate, simple mean, primary products in Myanmar stood at 99.5%.

The figure is up 0.9% over ten years.

Over the whole period, bound rate, simple mean, primary products in Myanmar peaked at 100.7% in 2010 and was at its lowest, 98.6%, in 2012.

That places Myanmar 13th out of 157 countries with data for 2022, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 99.7% 99.7% 99.7% 4
2000s 99.7% 99.4% 100.0% 9
2010s 99.5% 98.6% 100.7% 6
2020s 99.5% 99.5% 99.5% 2

Countries ranked near Myanmar

  1. 10 Malawi 102.5% compare
  2. 11 Kuwait 100.0% compare
  3. 11 Mozambique 100.0% compare
  4. 14 Democratic Republic of Congo 97.8% compare
  5. 15 Barbados 97.2% compare
  6. 16 Saint Lucia 96.5% 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, primary products in Myanmar?
Bound rate, simple mean, primary products in Myanmar was 99.5% in 2022, according to Staff estimates, World Bank (WB).
What is the highest bound rate, simple mean, primary products recorded in Myanmar?
The highest recorded value was 100.7% in 2010.
What is the lowest bound rate, simple mean, primary products recorded in Myanmar?
The lowest recorded value was 98.6% in 2012.
How does Myanmar rank for bound rate, simple mean, primary products?
Myanmar ranks 13th out of 157 countries with data for 2022.
Is bound rate, simple mean, primary products rising or falling in Myanmar?
Over the last ten years it is up 0.9%. 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 Bound rate, simple mean, primary products (%). Statizoid updates them automatically from the source API.

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About this data

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