Australia - Binding coverage
Binding coverage, manufactured products (%)
Binding coverage, manufactured products (%) in Australia was 96.48 as of 2020. Its highest value over the past 24 years was 96.91 in 2001, while its lowest value was 96.46 in 2012.
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 | 96.91 |
| 1997 | 96.91 |
| 1998 | 96.91 |
| 1999 | 96.91 |
| 2000 | 96.91 |
| 2001 | 96.91 |
| 2002 | 96.51 |
| 2003 | 96.51 |
| 2004 | 96.51 |
| 2005 | 96.51 |
| 2006 | 96.51 |
| 2007 | 96.48 |
| 2008 | 96.48 |
| 2009 | 96.48 |
| 2010 | 96.48 |
| 2011 | 96.48 |
| 2012 | 96.46 |
| 2013 | 96.46 |
| 2014 | 96.46 |
| 2015 | 96.54 |
| 2016 | 96.54 |
| 2017 | 96.48 |
| 2018 | 96.48 |
| 2019 | 96.48 |
| 2020 | 96.48 |
Binding coverage, all products (%)
Binding coverage, all products (%) in Australia was 97.17 as of 2020. Its highest value over the past 24 years was 97.40 in 2000, while its lowest value was 97.07 in 2008.
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 | 97.40 |
| 1997 | 97.40 |
| 1998 | 97.40 |
| 1999 | 97.40 |
| 2000 | 97.40 |
| 2001 | 97.38 |
| 2002 | 97.11 |
| 2003 | 97.11 |
| 2004 | 97.11 |
| 2005 | 97.11 |
| 2006 | 97.11 |
| 2007 | 97.09 |
| 2008 | 97.07 |
| 2009 | 97.07 |
| 2010 | 97.09 |
| 2011 | 97.07 |
| 2012 | 97.17 |
| 2013 | 97.16 |
| 2014 | 97.16 |
| 2015 | 97.21 |
| 2016 | 97.21 |
| 2017 | 97.17 |
| 2018 | 97.17 |
| 2019 | 97.15 |
| 2020 | 97.17 |
Binding coverage, primary products (%)
Binding coverage, primary products (%) in Australia was 99.09 as of 2020. Its highest value over the past 24 years was 99.17 in 2012, while its lowest value was 98.95 in 2001.
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 | 99.04 |
| 1997 | 99.04 |
| 1998 | 99.04 |
| 1999 | 99.04 |
| 2000 | 99.04 |
| 2001 | 98.95 |
| 2002 | 99.07 |
| 2003 | 99.07 |
| 2004 | 99.07 |
| 2005 | 99.07 |
| 2006 | 99.07 |
| 2007 | 99.05 |
| 2008 | 98.96 |
| 2009 | 98.96 |
| 2010 | 99.05 |
| 2011 | 98.96 |
| 2012 | 99.17 |
| 2013 | 99.10 |
| 2014 | 99.10 |
| 2015 | 99.10 |
| 2016 | 99.10 |
| 2017 | 99.09 |
| 2018 | 99.09 |
| 2019 | 99.01 |
| 2020 | 99.09 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
