Statizoid

Binding coverage, primary products in Panama

Panama: Binding coverage, primary products was 0.0% in 2022. ▼ Falling

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
93.1%
in 1997
All-time low
0.0%
in 2022
Years of data
21
1997–2022

Binding coverage, primary products in Panama, 1997–2022

0204060801001997200920221997: 93.1 %1998: 92.8 %1999: 92.8 %2000: 92.8 %2001: 92.8 %2002: 92.8 %2003: 92.8 %2004: 92.9 %2005: 92.8 %2006: 92.9 %2007: 92.9 %2008: 92.1 %2009: 92.1 %2010: 92.1 %2011: 92.1 %2012: 80.2 %2013: 80.2 %2015: 80.2 %2020: 80.5 %2021: 80.5 %2022: 0 %

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

Analysis

In 2022, binding coverage, primary products in Panama stood at 0.0%. That is the lowest value across all 21 years on record.

That represents a change of down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, primary products in Panama peaked at 93.1% in 1997 and was at its lowest, 0.0%, in 2022.

That places Panama 60th 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 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 92.9% 92.8% 93.1% 3
2000s 92.7% 92.1% 92.9% 10
2010s 84.9% 80.2% 92.1% 5
2020s 53.7% 0.0% 80.5% 3

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See the full ranking of 159 places →

More private sector data for Panama

All data for Panama →

Frequently asked questions

What is binding coverage, primary products in Panama?
Binding coverage, primary products in Panama was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Panama?
The highest recorded value was 93.1% in 1997.
What is the lowest binding coverage, primary products recorded in Panama?
The lowest recorded value was 0.0% in 2022.
How does Panama rank for binding coverage, primary products?
Panama ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Panama?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Panama 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).