Panama - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Panama was 98.73 as of 2020. Its highest value over the past 23 years was 98.86 in 1997, while its lowest value was 98.63 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
1997 98.86
1998 98.68
1999 98.68
2000 98.68
2001 98.68
2002 98.68
2003 98.68
2004 98.63
2005 98.63
2006 98.63
2007 98.63
2008 98.63
2009 98.63
2010 98.63
2011 98.63
2012 98.75
2013 98.75
2015 98.75
2020 98.73

Binding coverage, all products (%)

Binding coverage, all products (%) in Panama was 93.93 as of 2020. Its highest value over the past 23 years was 97.51 in 1997, while its lowest value was 93.87 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.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
1997 97.51
1998 97.34
1999 97.34
2000 97.34
2001 97.34
2002 97.34
2003 97.34
2004 97.26
2005 97.26
2006 97.26
2007 97.26
2008 97.05
2009 97.05
2010 97.05
2011 97.05
2012 93.87
2013 93.87
2015 93.87
2020 93.93

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Panama was 80.50 as of 2020. Its highest value over the past 23 years was 93.07 in 1997, while its lowest value was 80.18 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. 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
1997 93.07
1998 92.85
1999 92.85
2000 92.85
2001 92.85
2002 92.85
2003 92.85
2004 92.88
2005 92.84
2006 92.88
2007 92.88
2008 92.06
2009 92.06
2010 92.06
2011 92.06
2012 80.18
2013 80.18
2015 80.18
2020 80.50

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs