Saudi Arabia - Binding coverage

Binding coverage, manufactured products (%)

Binding coverage, manufactured products (%) in Saudi Arabia was 100.00 as of 2020. Its highest value over the past 15 years was 100.00 in 2020, while its lowest value was 99.95 in 2005.

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
2005 99.95
2006 99.95
2007 99.97
2008 99.97
2009 99.97
2011 99.97
2012 100.00
2013 100.00
2014 100.00
2015 100.00
2017 100.00
2020 100.00

Binding coverage, all products (%)

Binding coverage, all products (%) in Saudi Arabia was 99.98 as of 2020. Its highest value over the past 15 years was 100.00 in 2017, while its lowest value was 99.96 in 2005.

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
2005 99.96
2006 99.96
2007 99.98
2008 99.98
2009 99.98
2011 99.98
2012 100.00
2013 100.00
2014 100.00
2015 100.00
2017 100.00
2020 99.98

Binding coverage, primary products (%)

Binding coverage, primary products (%) in Saudi Arabia was 99.92 as of 2020. Its highest value over the past 15 years was 100.00 in 2017, while its lowest value was 99.92 in 2020.

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
2005 100.00
2006 100.00
2007 100.00
2008 100.00
2009 100.00
2011 100.00
2012 100.00
2013 100.00
2014 100.00
2015 100.00
2017 100.00
2020 99.92

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs