South Asia - Binding coverage

Binding coverage, all products (%)

Binding coverage, all products (%) in South Asia was 13.51 as of 2017. Its highest value over the past 22 years was 98.72 in 1995, while its lowest value was 13.51 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 98.72
1996 74.72
1997 57.56
1998 51.82
1999 63.32
2000 65.45
2001 65.45
2002 71.54
2003 64.85
2004 70.60
2005 70.60
2006 70.60
2007 65.51
2008 70.75
2009 70.75
2010 70.75
2011 70.73
2012 71.00
2013 77.08
2014 83.45
2015 70.98
2016 77.07
2017 13.51

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs