High income - Binding coverage

Binding coverage, all products (%)

Binding coverage, all products (%) in High income was 16.68 as of 2017. Its highest value over the past 22 years was 90.83 in 2014, while its lowest value was 16.68 in 2017.

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
1995 87.92
1996 76.15
1997 68.53
1998 76.74
1999 74.20
2000 73.25
2001 70.25
2002 66.00
2003 72.68
2004 87.89
2005 88.39
2006 89.02
2007 88.95
2008 88.56
2009 88.14
2010 88.13
2011 85.51
2012 88.75
2013 85.77
2014 90.83
2015 88.50
2016 87.91
2017 16.68

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs