Barbados - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Barbados was 100.00 as of 2020. Its highest value over the past 24 years was 100.00 in 2020, while its lowest value was 99.56 in 1996.

Definition: 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 99.56
1999 100.00
2000 100.00
2001 100.00
2002 100.00
2003 100.00
2004 100.00
2006 99.95
2007 99.95
2010 99.95
2011 99.95
2012 99.97
2013 99.97
2020 100.00

Binding coverage, all products (%)

Binding coverage, all products (%) in Barbados was 95.86 as of 2020. Its highest value over the past 24 years was 97.93 in 2004, while its lowest value was 95.86 in 2020.

Definition: 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 97.47
1999 97.93
2000 97.93
2001 97.93
2002 97.93
2003 97.93
2004 97.93
2006 97.80
2007 97.80
2010 97.80
2011 97.80
2012 97.50
2013 97.50
2020 95.86

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Barbados was 83.83 as of 2020. Its highest value over the past 24 years was 90.76 in 2004, while its lowest value was 83.83 in 2020.

Definition: 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).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1996 90.31
1999 90.76
2000 90.76
2001 90.76
2002 90.76
2003 90.76
2004 90.76
2006 90.42
2007 90.42
2010 90.42
2011 90.42
2012 89.21
2013 89.21
2020 83.83

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs