Upper middle income - Binding coverage

Binding coverage, all products (%)

Binding coverage, all products (%) in Upper middle income was 28.38 as of 2017. Its highest value over the past 22 years was 94.20 in 2014, while its lowest value was 28.38 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 87.40
1996 85.31
1997 86.33
1998 81.62
1999 83.41
2000 85.16
2001 88.62
2002 88.99
2003 89.38
2004 85.85
2005 86.93
2006 87.75
2007 88.92
2008 89.92
2009 87.41
2010 89.34
2011 89.64
2012 90.40
2013 88.87
2014 94.20
2015 91.46
2016 92.64
2017 28.38

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs