Lao PDR - Binding coverage, primary products (%)
Binding coverage, primary products (%) in Lao PDR was 99.92 as of 2020. Its highest value over the past 6 years was 100.00 in 2018, while its lowest value was 99.92 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 |
|---|---|
| 2014 | 100.00 |
| 2015 | 100.00 |
| 2016 | 100.00 |
| 2017 | 100.00 |
| 2018 | 100.00 |
| 2019 | 99.92 |
| 2020 | 99.92 |
Periodicity: Annual
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
