Binding coverage, all products in Barbados
Barbados: Binding coverage, all products was 95.8% in 2022. ▬ Flat
Binding coverage, all products in Barbados, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Barbados recorded 95.8% for binding coverage, all products in 2022. That is the lowest value across all 16 years on record.
Compared with earlier readings it is down 1.7% over ten years.
Over the whole period, binding coverage, all products in Barbados peaked at 97.9% in 1999 and was at its lowest, 95.8%, in 2021.
That places Barbados 38th out of 158 countries with data for 2022, putting it in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 97.7% | 97.4% | 97.9% | 2 |
| 2000s | 97.9% | 97.8% | 97.9% | 7 |
| 2010s | 97.7% | 97.5% | 97.8% | 4 |
| 2020s | 95.8% | 95.8% | 95.9% | 3 |
Countries ranked near Barbados
- 35 Saint Vincent and the Grenadines 99.7% compare
- 36 Egypt 99.3% compare
- 37 Antigua and Barbuda 97.5% compare
- 38 Saint Kitts and Nevis 95.8% compare
- 40 Brunei 95.5% compare
- 41 Ecuador 94.6% compare
More private sector data for Barbados
- Merchandise exports 428.00 million current US$ (2025)
- Manufactures exports 39.9% (2024)
- Food exports 43.5% (2024)
- Merchandise imports 2.23 billion current US$ (2025)
- Manufactures imports 52.6% (2024)
- Food imports 22.7% (2024)
- Merchandise trade 33.1% (2025)
- Commercial service exports 1.50 billion current US$ (2017)
- Transport services 16.1% (2017)
- Computer, communications and other services 69.8% (2017)
Frequently asked questions
- What is binding coverage, all products in Barbados?
- Binding coverage, all products in Barbados was 95.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, all products recorded in Barbados?
- The highest recorded value was 97.9% in 1999.
- What is the lowest binding coverage, all products recorded in Barbados?
- The lowest recorded value was 95.8% in 2021.
- How does Barbados rank for binding coverage, all products?
- Barbados ranks 38th out of 158 countries with data for 2022.
- Is binding coverage, all products rising or falling in Barbados?
- Over the last ten years it is down 1.7%. The long-run trend across the full record is flat.
- Where does this Barbados 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.