Low income - Binding coverage

Binding coverage, all products (%)

Binding coverage, all products (%) in Low income was 13.46 as of 2017. Its highest value over the past 22 years was 56.84 in 2004, while its lowest value was 13.46 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 45.65
1996 29.45
1997 28.19
1998 31.18
1999 27.00
2000 33.76
2001 51.45
2002 50.67
2003 43.26
2004 56.84
2005 49.73
2006 52.16
2007 45.87
2008 48.63
2009 48.57
2010 51.84
2011 50.12
2012 53.77
2013 53.76
2014 55.73
2015 54.67
2016 52.57
2017 13.46

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs