Burundi's binding coverage, primary products (%) was 0% in 2022, the latest year in the World Bank's World Development Indicators. That is down 53 percentage points from 53% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0% | 2022 |
| Ten years earlier | 53% | 2012 |
| Highest | 56.5% | 2002 |
| Lowest | 0% | 2022 |
| Average since 2013 | 47.42% | 2013–2022 |
| First recorded | 56.5% | 2002 |
Since 2002 it is down 56.5 percentage points from 56.5% in 2002. The World Bank has no value for 2 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2022, Burundi's binding coverage, primary products (%) fell 53.69 percentage points on 2021 (from 53.69% to 0%).
Across the 15 yearly changes before that (2003 to 2021), the average change was −0.17 percentage points and a typical year strayed about 0.46 percentage points from that (the standard deviation). This year's change was 115.9 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly fall was 53.69 percentage points in 2022. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 25% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2022, Burundi had the 36th highest value of the 130 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Burundi in the 2022 ranking
What this measures
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).
All 19 values
| Year | Binding coverage, primary products (%) |
|---|---|
| 2022 | 0 |
| 2021 | 53.69 |
| 2020 | 53.69 |
| 2019 | 53.69 |
| 2018 | 53.73 |
| 2017 | no data |
| 2016 | 53 |
| 2015 | 53 |
| 2014 | 53 |
| 2013 | 53 |
| 2012 |
Binding coverage, primary products (%) in nearby economies
- Angola — 99.92% (2022)
- Benin — 0% (2022)
- Botswana — 0% (2022)
- Burkina Faso — 0% (2022)
- Cabo Verde — 99.85% (2022)
- Cameroon — 0% (2022)
- Central African Republic — 0% (2022)
- Chad — 0% (2022)
- Congo, Rep. — 0% (2022)
- Côte d'Ivoire — 55.14% (2022)
- Eswatini
More trade data for Burundi
- Import volume index (2015 = 100) — 90.3 (2024)
- Import value index (2015 = 100) — 119.5 (2024)
- Net barter terms of trade index (2015 = 100) — 125.4 (2024)
- Export volume index (2015 = 100) — 87.6 (2024)
- Export value index (2015 = 100) — 145.4 (2024)
- Binding coverage, manufactured products (%) — 0% (2022)
- Tariff rate, applied, simple mean, manufactured products (%) — 11.88% (2022)
- Tariff rate, most favored nation, simple mean, manufactured products (%) — 11.77% (2022)
- Tariff rate, applied, weighted mean, manufactured products (%) — 6.78% (2022)
Reading data like this
Questions people ask
- What is Burundi's binding coverage, primary products (%)?
- 0% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 56.5 percentage points from 56.5% in 2002. The highest value was 56.5% in 2002 and the lowest 0% in 2022.
- How does Burundi rank?
- 36th highest of 130 economies with data for 2022.
- Is the latest change in binding coverage, primary products (%) unusual for Burundi?
- In 2022, Burundi's binding coverage, primary products (%) fell 53.69 percentage points on 2021 (from 53.69% to 0%). Across the 15 yearly changes before that (2003 to 2021), the average change was −0.17 percentage points and a typical year strayed about 0.46 percentage points from that (the standard deviation). This year's change was 115.9 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator TM.TAX.TCOM.BC.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); World Integrated Trade Solution system (WITS), World Bank (WB); World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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