Statizoid

Binding coverage, all products in Australia

Australia: Binding coverage, all products was 0.0% in 2022. ▼ Falling

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
97.4%
in 1996
All-time low
0.0%
in 2022
Years of data
27
1996–2022

Binding coverage, all products in Australia, 1996–2022

0204060801001996200920221996: 97.4 %1997: 97.4 %1998: 97.4 %1999: 97.4 %2000: 97.4 %2001: 97.4 %2002: 97.1 %2003: 97.1 %2004: 97.1 %2005: 97.1 %2006: 97.1 %2007: 97.1 %2008: 97.1 %2009: 97.1 %2010: 97.1 %2011: 97.1 %2012: 97.2 %2013: 97.2 %2014: 97.2 %2015: 97.2 %2016: 97.2 %2017: 97.2 %2018: 97.2 %2019: 97.2 %2020: 97.2 %2021: 97.2 %2022: 0 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

Australia recorded 0.0% for binding coverage, all products in 2022. That is the lowest value across all 27 years on record.

That represents a change of down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, all products in Australia peaked at 97.4% in 1996 and was at its lowest, 0.0%, in 2022.

Australia ranks 60th of 158 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 27 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 97.4% 97.4% 97.4% 4
2000s 97.2% 97.1% 97.4% 10
2010s 97.2% 97.1% 97.2% 10
2020s 64.8% 0.0% 97.2% 3

Countries ranked near Australia

  1. 57 Myanmar 18.9% compare
  2. 58 Bangladesh 17.3% compare
  3. 59 Mozambique 14.9% compare
  4. 60 Albania 0.0% compare
  5. 60 Austria 0.0% compare
  6. 60 Bahrain 0.0% compare
  7. 60 Belgium 0.0% compare
  8. 60 Belize 0.0% compare
  9. 60 Benin 0.0% compare
  10. 60 Botswana 0.0% compare
  11. 60 Bulgaria 0.0% compare
  12. 60 Burkina Faso 0.0% compare
  13. 60 Burundi 0.0% compare
  14. 60 Cambodia 0.0% compare
  15. 60 Cameroon 0.0% compare
  16. 60 Canada 0.0% compare
  17. 60 Central African Republic 0.0% compare
  18. 60 Chad 0.0% compare
  19. 60 China 0.0% compare
  20. 60 Congo 0.0% compare
  21. 60 Costa Rica 0.0% compare
  22. 60 Croatia 0.0% compare
  23. 60 Cyprus 0.0% compare
  24. 60 Czechia 0.0% compare
  25. 60 Denmark 0.0% compare
  26. 60 Dominican Republic 0.0% compare
  27. 60 El Salvador 0.0% compare
  28. 60 Estonia 0.0% compare
  29. 60 Eswatini 0.0% compare
  30. 60 Finland 0.0% compare
  31. 60 France 0.0% compare
  32. 60 Gabon 0.0% compare
  33. 60 Gambia 0.0% compare
  34. 60 Germany 0.0% compare
  35. 60 Ghana 0.0% compare
  36. 60 Greece 0.0% compare
  37. 60 Guatemala 0.0% compare
  38. 60 Guinea 0.0% compare
  39. 60 Guinea-Bissau 0.0% compare
  40. 60 Honduras 0.0% compare
  41. 60 Hong Kong 0.0% compare
  42. 60 Hungary 0.0% compare
  43. 60 Iceland 0.0% compare
  44. 60 India 0.0% compare
  45. 60 Indonesia 0.0% compare
  46. 60 Ireland 0.0% compare
  47. 60 Italy 0.0% compare
  48. 60 Jamaica 0.0% compare
  49. 60 Japan 0.0% compare
  50. 60 Kazakhstan 0.0% compare
  51. 60 Kenya 0.0% compare
  52. 60 South Korea 0.0% compare
  53. 60 Latvia 0.0% compare
  54. 60 Lesotho 0.0% compare
  55. 60 Liechtenstein 0.0% compare
  56. 60 Lithuania 0.0% compare
  57. 60 Macao 0.0% compare
  58. 60 Madagascar 0.0% compare
  59. 60 Malaysia 0.0% compare
  60. 60 Maldives 0.0% compare
  61. 60 Mali 0.0% compare
  62. 60 Malta 0.0% compare
  63. 60 Mauritius 0.0% compare
  64. 60 Mongolia 0.0% compare
  65. 60 Montenegro 0.0% compare
  66. 60 Namibia 0.0% compare
  67. 60 Nepal 0.0% compare
  68. 60 Netherlands 0.0% compare
  69. 60 New Zealand 0.0% compare
  70. 60 Nicaragua 0.0% compare
  71. 60 Niger 0.0% compare
  72. 60 Nigeria 0.0% compare
  73. 60 North Macedonia 0.0% compare
  74. 60 Norway 0.0% compare
  75. 60 Oman 0.0% compare
  76. 60 Pakistan 0.0% compare
  77. 60 Panama 0.0% compare
  78. 60 Poland 0.0% compare
  79. 60 Portugal 0.0% compare
  80. 60 Qatar 0.0% compare
  81. 60 Romania 0.0% compare
  82. 60 Rwanda 0.0% compare
  83. 60 Saudi Arabia 0.0% compare
  84. 60 Senegal 0.0% compare
  85. 60 Sierra Leone 0.0% compare
  86. 60 Slovakia 0.0% compare
  87. 60 Slovenia 0.0% compare
  88. 60 Solomon Islands 0.0% compare
  89. 60 South Africa 0.0% compare
  90. 60 Spain 0.0% compare
  91. 60 Sweden 0.0% compare
  92. 60 Switzerland 0.0% compare
  93. 60 Tanzania 0.0% compare
  94. 60 Thailand 0.0% compare
  95. 60 Togo 0.0% compare
  96. 60 Turkey 0.0% compare
  97. 60 Uganda 0.0% compare
  98. 60 United Kingdom 0.0% compare
  99. 60 United States 0.0% compare
  100. 60 Vanuatu 0.0% compare
  101. 60 Zambia 0.0% compare

See the full ranking of 159 places →

More private sector data for Australia

All data for Australia →

Frequently asked questions

What is binding coverage, all products in Australia?
Binding coverage, all products in Australia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Australia?
The highest recorded value was 97.4% in 1996.
What is the lowest binding coverage, all products recorded in Australia?
The lowest recorded value was 0.0% in 2022.
How does Australia rank for binding coverage, all products?
Australia ranks 60th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Australia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Australia 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.

Download this data

CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Binding coverage, all products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
159 places, 3,312 data points, 1995–2022
Last refreshed

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.