Nepal - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Nepal was 99.63 as of 2020. Its highest value over the past 16 years was 99.64 in 2016, while its lowest value was 99.60 in 2004.

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
2004 99.60
2005 99.60
2006 99.60
2007 99.61
2008 99.61
2009 99.61
2010 99.61
2011 99.61
2012 99.61
2013 99.64
2014 99.64
2015 99.64
2016 99.64
2018 99.63
2019 99.63
2020 99.63

Binding coverage, all products (%)

Binding coverage, all products (%) in Nepal was 99.40 as of 2020. Its highest value over the past 16 years was 99.42 in 2016, while its lowest value was 99.35 in 2004.

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
2004 99.35
2005 99.35
2006 99.35
2007 99.37
2008 99.37
2009 99.37
2010 99.37
2011 99.37
2012 99.37
2013 99.42
2014 99.42
2015 99.42
2016 99.42
2018 99.41
2019 99.40
2020 99.40

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Nepal was 99.47 as of 2020. Its highest value over the past 16 years was 99.58 in 2006, while its lowest value was 99.47 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
2004 99.58
2005 99.58
2006 99.58
2007 99.57
2008 99.57
2009 99.57
2010 99.57
2011 99.57
2012 99.57
2013 99.55
2014 99.55
2015 99.55
2016 99.55
2018 99.54
2019 99.47
2020 99.47

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs