Iceland - 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

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs