Madagascar - Binding coverage, primary products (%)

Binding coverage, primary products (%) in Madagascar was 53.58 as of 2020. Its highest value over the past 25 years was 55.97 in 2001, while its lowest value was 53.00 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. 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 55.26
1996 55.97
1997 55.97
1998 55.97
2000 55.97
2001 55.97
2002 55.25
2003 55.25
2004 55.25
2005 55.26
2006 55.25
2007 54.44
2008 54.44
2009 54.44
2010 54.44
2011 54.44
2012 53.00
2013 53.00
2014 53.00
2015 53.00
2016 53.00
2017 53.66
2018 53.66
2019 53.62
2020 53.58

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs