Nigeria - Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Nigeria was 8.14 as of 2020. Its highest value over the past 25 years was 11.32 in 1995, while its lowest value was 8.14 in 2020.

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
1995 11.32
1996 11.27
1997 11.27
1998 11.27
1999 11.27
2000 11.27
2001 11.27
2002 11.27
2003 11.27
2005 10.54
2006 10.54
2008 10.54
2009 8.46
2010 8.46
2011 8.46
2013 8.46
2014 8.46
2015 8.17
2016 8.17
2020 8.14

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs