Binding coverage, all products in Suriname

Suriname: Binding coverage, all products was 27.4% in 2022. ▼ Falling

Latest (2022)
27.4%
Change on year
unchanged
World rank
55th
of 158 countries
All-time high
28.9%
in 1999
All-time low
27.4%
in 2009
Years of data
14
1996–2022

Binding coverage, all products in Suriname, 1996–2022

01020301996200920221996: 28.9 %1999: 28.9 %2000: 28.9 %2007: 28.9 %2009: 27.4 %2010: 27.4 %2011: 28.5 %2012: 27.4 %2013: 27.4 %2018: 27.4 %2019: 27.4 %2020: 27.4 %2021: 27.4 %2022: 27.4 %

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

Analysis

Suriname recorded 27.4% for binding coverage, all products in 2022. That is the lowest value across all 14 years on record.

The figure is unchanged over ten years.

Over the whole period, binding coverage, all products in Suriname peaked at 28.9% in 1999 and was at its lowest, 27.4%, in 2009.

That places Suriname 55th 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 14 years of available data.

Binding coverage, all products in Suriname, year by year

Annual values for Binding coverage, all products (%) in Suriname, 1996 to 2022.
Year % Change
1996 28.9%
1999 28.9% +0.0%
2000 28.9% +0.0%
2007 28.9% +0.0%
2009 27.4% -5.1%
2010 27.4% +0.0%
2011 28.5% +3.8%
2012 27.4% -3.7%
2013 27.4% +0.0%
2018 27.4% +0.0%
2019 27.4% +0.0%
2020 27.4% +0.0%
2021 27.4% +0.0%
2022 27.4% +0.0%

Suriname compared with similar countries

  • Suriname's 27.4% is below the median for upper middle income countries, which is 40.6%, 68% of the median. (45 countries reporting)
  • Suriname's 27.4% is below the median for Latin America & Caribbean, which is 96.7%, 28% of the median. (32 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 28.9% 28.9% 28.9% 2
2000s 28.4% 27.4% 28.9% 3
2010s 27.6% 27.4% 28.5% 6
2020s 27.4% 27.4% 27.4% 3

Countries ranked near Suriname

  1. 52 Cote d'Ivoire 34.2% compare
  2. 53 Malawi 33.9% compare
  3. 54 Cuba 32.6% compare
  4. 56 Zimbabwe 24.4% compare
  5. 57 Myanmar 18.9% compare
  6. 58 Bangladesh 17.3% compare

See the full ranking of 159 places →

More private sector data for Suriname

All data for Suriname →

Frequently asked questions

What is binding coverage, all products in Suriname?
Binding coverage, all products in Suriname was 27.4% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Suriname?
The highest recorded value was 28.9% in 1999.
What is the lowest binding coverage, all products recorded in Suriname?
The lowest recorded value was 27.4% in 2009.
How does Suriname rank for binding coverage, all products?
Suriname ranks 55th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Suriname?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Suriname data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, all products (%). Statizoid updates them automatically from the source API.

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Binding coverage, all products in Suriname. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 23 September 2026, from https://private-sector.statizoid.com/stat/binding-coverage-all-products-percent/suriname/

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About this data

Indicator
Binding coverage, all 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.