Nigeria - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Nigeria was 8.17 as of 2010. Its highest value over the past 15 years was 8.31 in 2002, while its lowest value was 8.07 in 2005.

Definition: Binding coverage is the percentage of product lines with an agreed bound rate. 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
1995 8.24
1996 8.31
1997 8.31
1998 8.31
1999 8.31
2000 8.31
2001 8.31
2002 8.31
2005 8.07
2006 8.07
2008 8.07
2009 8.17
2010 8.17

Binding coverage, all products (%)

Binding coverage, all products (%) in Nigeria was 19.50 as of 2010. Its highest value over the past 15 years was 19.50 in 2010, while its lowest value was 19.05 in 2005.

Definition: Binding coverage is the percentage of product lines with an agreed bound rate.

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

See also:

Year Value
1995 19.20
1996 19.27
1997 19.27
1998 19.27
1999 19.27
2000 19.27
2001 19.27
2002 19.27
2005 19.05
2006 19.05
2008 19.05
2009 19.50
2010 19.50

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Nigeria was 56.58 as of 2010. Its highest value over the past 15 years was 57.19 in 2002, while its lowest value was 56.19 in 2005.

Definition: Binding coverage is the percentage of product lines with an agreed bound rate. 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
1995 56.49
1996 57.19
1997 57.19
1998 57.19
1999 57.19
2000 57.19
2001 57.19
2002 57.19
2005 56.19
2006 56.19
2008 56.19
2009 56.58
2010 56.58

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs