Trade · Guinea-Bissau
Yearly data from 2001 to 2022, from the World Bank.
Guinea-Bissau's binding coverage, primary products (%) was 0% in 2022, the latest year in the World Bank's World Development Indicators. That is down 96.38 percentage points from 96.38% in 2012.
| Value | Year | |
|---|---|---|
| Latest | 0% | 2022 |
| Five years earlier | 96.72% | 2017 |
| Ten years earlier | 96.38% | 2012 |
| Highest | 96.72% | 2017 |
| Lowest | 0% | 2022 |
| Average since 2013 | 84.52% | 2013–2022 |
| First recorded | 96.51% | 2001 |
Over five years it is down 96.72 percentage points from 96.72% in 2017. Since 2001 it is down 96.51 percentage points from 96.51% in 2001. The World Bank has no value for 2 of the years in between; the chart leaves those gaps open rather than joining across them.
In 2022, Guinea-Bissau's binding coverage, primary products (%) fell 96.65 percentage points on 2021 (from 96.65% to 0%).
Across the 17 yearly changes before that (2002 to 2021), the average change was −0.01 percentage points and a typical year strayed about 0.04 percentage points from that (the standard deviation). This year's change was 2423.2 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 0.02 percentage points in 2007 and the biggest yearly fall was 96.65 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 8 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.
In 2022, Guinea-Bissau 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.
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).
| Year | Binding coverage, primary products (%) |
|---|---|
| 2022 | 0 |
| 2021 | 96.65 |
| 2020 | 96.65 |
| 2019 | 96.65 |
| 2018 | 96.72 |
| 2017 | 96.72 |
| 2016 | no data |
| 2015 | no data |
| 2014 | 96.38 |
| 2013 | 96.38 |
| 2012 | 96.38 |
| 2011 | 96.38 |
| 2010 | 96.38 |
| 2009 | 96.38 |
| 2008 | 96.38 |
| 2007 | 96.38 |
| 2006 | 96.36 |
| 2005 | 96.36 |
| 2004 | 96.36 |
| 2003 | 96.36 |
| 2002 | 96.51 |
| 2001 | 96.51 |
Every indicator for Guinea-Bissau is on the Guinea-Bissau data page.
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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