Binding coverage, all products in Armenia
Armenia: Binding coverage, all products was 100.0% in 2021. ▬ Flat
Binding coverage, all products in Armenia, 2003–2021
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Armenia recorded 100.0% for binding coverage, all products in 2021.
That represents a change of down 0.0% over ten years.
Over the whole period, binding coverage, all products in Armenia peaked at 100.0% in 2003 and was at its lowest, 100.0%, in 2006.
Armenia ranks 4th of 158 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 100.0% | 100.0% | 100.0% | 7 |
| 2010s | 100.0% | 100.0% | 100.0% | 10 |
| 2020s | 100.0% | 100.0% | 100.0% | 2 |
Countries ranked near Armenia
- 1 Democratic Republic of Congo 100.0% compare
- 1 Tajikistan 100.0% compare
- 1 Trinidad and Tobago 100.0% compare
- 4 Angola 100.0% compare
- 4 Argentina 100.0% compare
- 4 Bolivia 100.0% compare
- 4 Brazil 100.0% compare
- 4 Chile 100.0% compare
- 4 Colombia 100.0% compare
- 4 Djibouti 100.0% compare
- 4 Georgia 100.0% compare
- 4 Grenada 100.0% compare
- 4 Guyana 100.0% compare
- 4 Laos 100.0% compare
- 4 Mexico 100.0% compare
- 4 Moldova 100.0% compare
- 4 Morocco 100.0% compare
- 4 Papua New Guinea 100.0% compare
- 4 Paraguay 100.0% compare
- 4 Peru 100.0% compare
- 4 Russia 100.0% compare
- 4 Seychelles 100.0% compare
- 4 Tonga 100.0% compare
- 4 Ukraine 100.0% compare
- 4 United Arab Emirates 100.0% compare
- 4 Uruguay 100.0% compare
More private sector data for Armenia
- Merchandise exports 8.39 billion current US$ (2025)
- Manufactures exports 29.5% (2024)
- Food exports 9.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Manufactures imports 43.4% (2024)
- Food imports 8.4% (2024)
- Merchandise trade 73.3% (2025)
- Commercial service exports 6.09 billion current US$ (2025)
- Transport services 28.5% (2025)
- Computer, communications and other services 11.5% (2025)
Frequently asked questions
- What is binding coverage, all products in Armenia?
- Binding coverage, all products in Armenia was 100.0% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, all products recorded in Armenia?
- The highest recorded value was 100.0% in 2003.
- What is the lowest binding coverage, all products recorded in Armenia?
- The lowest recorded value was 100.0% in 2006.
- How does Armenia rank for binding coverage, all products?
- Armenia ranks 4th out of 158 countries with data for 2021.
- Is binding coverage, all products rising or falling in Armenia?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, all products (%). Statizoid updates them automatically from the source API.
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About this data
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.