Statizoid

Binding coverage, all products in Bangladesh

Bangladesh: Binding coverage, all products was 17.3% in 2022. ▲ Rising

Latest (2022)
17.3%
Change on year
unchanged
World rank
58th
of 158 countries
All-time high
17.3%
in 2019
All-time low
16.1%
in 2008
Years of data
22
1998–2022

Binding coverage, all products in Bangladesh, 1998–2022

0510151998201020221998: 16.8 %1999: 16.8 %2000: 16.8 %2001: 16.8 %2002: 16.8 %2003: 16.3 %2004: 16.3 %2005: 16.3 %2006: 16.3 %2007: 16.3 %2008: 16.1 %2009: 16.1 %2010: 16.1 %2011: 16.1 %2012: 17.2 %2013: 17.2 %2015: 17.2 %2016: 17.2 %2019: 17.3 %2020: 17.3 %2021: 17.3 %2022: 17.3 %

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

Analysis

In 2022, binding coverage, all products in Bangladesh stood at 17.3%. That is the highest value across all 22 years on record.

That represents a change of up 0.7% over ten years.

Over the whole period, binding coverage, all products in Bangladesh peaked at 17.3% in 2019 and was at its lowest, 16.1%, in 2008.

Bangladesh ranks 58th of 158 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 16.8% 16.8% 16.8% 2
2000s 16.4% 16.1% 16.8% 10
2010s 16.9% 16.1% 17.3% 7
2020s 17.3% 17.3% 17.3% 3

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See the full ranking of 159 places →

More private sector data for Bangladesh

All data for Bangladesh →

Frequently asked questions

What is binding coverage, all products in Bangladesh?
Binding coverage, all products in Bangladesh was 17.3% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Bangladesh?
The highest recorded value was 17.3% in 2019.
What is the lowest binding coverage, all products recorded in Bangladesh?
The lowest recorded value was 16.1% in 2008.
How does Bangladesh rank for binding coverage, all products?
Bangladesh ranks 58th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Bangladesh?
Over the last ten years it is up 0.7%. The long-run trend across the full record is rising.
Where does this Bangladesh 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

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.