World - Binding coverage, all products (%)
Binding coverage, all products (%) in World was 22.78 as of 2017. Its highest value over the past 22 years was 82.23 in 2014, while its lowest value was 22.78 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 | 81.82 |
| 1996 | 74.92 |
| 1997 | 68.20 |
| 1998 | 72.87 |
| 1999 | 75.05 |
| 2000 | 73.76 |
| 2001 | 71.63 |
| 2002 | 71.09 |
| 2003 | 71.72 |
| 2004 | 76.80 |
| 2005 | 76.21 |
| 2006 | 78.51 |
| 2007 | 78.04 |
| 2008 | 77.36 |
| 2009 | 76.78 |
| 2010 | 77.31 |
| 2011 | 77.48 |
| 2012 | 80.23 |
| 2013 | 78.31 |
| 2014 | 82.23 |
| 2015 | 80.45 |
| 2016 | 80.65 |
| 2017 | 22.78 |
Periodicity: Annual
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
