Binding coverage, manufactured products in Malawi

Malawi: Binding coverage, manufactured products was 21.8% in 2021. ▼ Falling

Latest (2021)
21.8%
Change on year
unchanged
World rank
54th
of 158 countries
All-time high
25.1%
in 1997
All-time low
21.8%
in 2019
Years of data
19
1996–2021

Binding coverage, manufactured products in Malawi, 1996–2021

01020301996200820211996: 25.1 %1997: 25.1 %1998: 25.1 %2000: 25 %2001: 25 %2003: 24 %2006: 24 %2008: 22 %2009: 22 %2010: 22 %2011: 22 %2012: 22 %2013: 22 %2014: 21.9 %2015: 21.9 %2016: 21.9 %2019: 21.8 %2020: 21.8 %2021: 21.8 %

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

Analysis

Malawi recorded 21.8% for binding coverage, manufactured products in 2021. That is the lowest value across all 19 years on record.

Compared with earlier readings it is down 1.1% over ten years.

Over the whole period, binding coverage, manufactured products in Malawi peaked at 25.1% in 1997 and was at its lowest, 21.8%, in 2019.

Malawi ranks 54th of 158 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 19 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 25.1% 25.1% 25.1% 3
2000s 23.7% 22.0% 25.0% 6
2010s 22.0% 21.8% 22.0% 8
2020s 21.8% 21.8% 21.8% 2

Countries ranked near Malawi

  1. 51 Sri Lanka 29.1% compare
  2. 52 Cote d'Ivoire 26.8% compare
  3. 53 Cuba 23.6% compare
  4. 55 Suriname 18.9% compare
  5. 56 Zimbabwe 8.5% compare
  6. 57 Myanmar 5.0% compare

See the full ranking of 159 places →

More private sector data for Malawi

All data for Malawi →

Frequently asked questions

What is binding coverage, manufactured products in Malawi?
Binding coverage, manufactured products in Malawi was 21.8% in 2021, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, manufactured products recorded in Malawi?
The highest recorded value was 25.1% in 1997.
What is the lowest binding coverage, manufactured products recorded in Malawi?
The lowest recorded value was 21.8% in 2019.
How does Malawi rank for binding coverage, manufactured products?
Malawi ranks 54th out of 158 countries with data for 2021.
Is binding coverage, manufactured products rising or falling in Malawi?
Over the last ten years it is down 1.1%. The long-run trend across the full record is falling.
Where does this Malawi data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.

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About this data

Indicator
Binding coverage, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.