Guinea - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Guinea was 33.23 as of 2020. Its highest value over the past 22 years was 36.12 in 2004, while its lowest value was 33.23 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. 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
1998 36.12
2004 36.12
2005 34.75
2008 34.75
2009 34.75
2010 34.75
2012 34.75
2017 33.23
2018 33.23
2019 33.23
2020 33.23

Binding coverage, all products (%)

Binding coverage, all products (%) in Guinea was 39.39 as of 2020. Its highest value over the past 22 years was 41.29 in 2004, while its lowest value was 39.39 in 2019.

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
1998 41.29
2004 41.29
2005 40.08
2008 40.08
2009 40.08
2010 40.08
2012 40.08
2017 39.40
2018 39.40
2019 39.39
2020 39.39

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Guinea was 57.04 as of 2020. Its highest value over the past 22 years was 59.30 in 2004, while its lowest value was 57.04 in 2019.

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
1998 59.30
2004 59.30
2005 58.47
2008 58.47
2009 58.47
2010 58.47
2012 58.47
2017 57.09
2018 57.09
2019 57.04
2020 57.04

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs