Iceland - Binding coverage
Binding coverage, manufactured products (%)
Binding coverage, manufactured products (%) in Iceland was 94.74 as of 2019. Its highest value over the past 23 years was 94.98 in 2001, while its lowest value was 94.56 in 2012.
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 |
|---|---|
| 1996 | 94.98 |
| 1998 | 94.98 |
| 1999 | 94.98 |
| 2000 | 94.98 |
| 2001 | 94.98 |
| 2003 | 94.67 |
| 2004 | 94.67 |
| 2005 | 94.67 |
| 2006 | 94.67 |
| 2007 | 94.57 |
| 2008 | 94.57 |
| 2009 | 94.57 |
| 2010 | 94.57 |
| 2011 | 94.57 |
| 2012 | 94.56 |
| 2013 | 94.56 |
| 2014 | 94.56 |
| 2015 | 94.56 |
| 2016 | 94.56 |
| 2017 | 94.74 |
| 2019 | 94.74 |
Binding coverage, all products (%)
Binding coverage, all products (%) in Iceland was 95.30 as of 2019. Its highest value over the past 23 years was 95.32 in 2017, while its lowest value was 95.03 in 2007.
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 |
|---|---|
| 1996 | 95.25 |
| 1998 | 95.25 |
| 1999 | 95.25 |
| 2000 | 95.25 |
| 2001 | 95.24 |
| 2003 | 95.04 |
| 2004 | 95.04 |
| 2005 | 95.04 |
| 2006 | 95.04 |
| 2007 | 95.03 |
| 2008 | 95.03 |
| 2009 | 95.03 |
| 2010 | 95.03 |
| 2011 | 95.03 |
| 2012 | 95.18 |
| 2013 | 95.18 |
| 2014 | 95.18 |
| 2015 | 95.18 |
| 2016 | 95.18 |
| 2017 | 95.32 |
| 2019 | 95.30 |
Binding coverage, primary products (%)
Binding coverage, primary products (%) in Iceland was 96.88 as of 2019. Its highest value over the past 23 years was 96.95 in 2017, while its lowest value was 96.16 in 1996.
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 |
|---|---|
| 1996 | 96.16 |
| 1998 | 96.16 |
| 1999 | 96.16 |
| 2000 | 96.16 |
| 2001 | 96.16 |
| 2003 | 96.27 |
| 2004 | 96.27 |
| 2005 | 96.27 |
| 2006 | 96.27 |
| 2007 | 96.55 |
| 2008 | 96.55 |
| 2009 | 96.55 |
| 2010 | 96.55 |
| 2011 | 96.55 |
| 2012 | 96.92 |
| 2013 | 96.92 |
| 2014 | 96.92 |
| 2015 | 96.92 |
| 2016 | 96.92 |
| 2017 | 96.95 |
| 2019 | 96.88 |
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
