Binding coverage, all products in Georgia

Georgia: Binding coverage, all products was 100.0% in 2022. ▬ Flat

Latest (2022)
100.0%
Change on year
unchanged
World rank
4th
of 158 countries
All-time high
100.0%
in 2001
All-time low
100.0%
in 2007
Years of data
18
2001–2022

Binding coverage, all products in Georgia, 2001–2022

0204060801002001201120222001: 100 %2002: 100 %2003: 100 %2004: 100 %2005: 100 %2006: 100 %2007: 100 %2008: 100 %2009: 100 %2010: 100 %2011: 100 %2012: 100 %2013: 100 %2015: 100 %2016: 100 %2020: 100 %2021: 100 %2022: 100 %

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

Analysis

Georgia recorded 100.0% for binding coverage, all products in 2022.

That represents a change of up 0.0% over ten years.

Over the whole period, binding coverage, all products in Georgia peaked at 100.0% in 2001 and was at its lowest, 100.0%, in 2007.

That places Georgia 4th out of 158 countries with data for 2022, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 100.0% 100.0% 100.0% 9
2010s 100.0% 100.0% 100.0% 6
2020s 100.0% 100.0% 100.0% 3

Countries ranked near Georgia

  1. 1 Democratic Republic of Congo 100.0% compare
  2. 1 Tajikistan 100.0% compare
  3. 1 Trinidad and Tobago 100.0% compare
  4. 4 Angola 100.0% compare
  5. 4 Argentina 100.0% compare
  6. 4 Armenia 100.0% compare
  7. 4 Bolivia 100.0% compare
  8. 4 Brazil 100.0% compare
  9. 4 Chile 100.0% compare
  10. 4 Colombia 100.0% compare
  11. 4 Djibouti 100.0% compare
  12. 4 Grenada 100.0% compare
  13. 4 Guyana 100.0% compare
  14. 4 Laos 100.0% compare
  15. 4 Mexico 100.0% compare
  16. 4 Moldova 100.0% compare
  17. 4 Morocco 100.0% compare
  18. 4 Papua New Guinea 100.0% compare
  19. 4 Paraguay 100.0% compare
  20. 4 Peru 100.0% compare
  21. 4 Russia 100.0% compare
  22. 4 Seychelles 100.0% compare
  23. 4 Tonga 100.0% compare
  24. 4 Ukraine 100.0% compare
  25. 4 United Arab Emirates 100.0% compare
  26. 4 Uruguay 100.0% compare

See the full ranking of 159 places →

More private sector data for Georgia

All data for Georgia →

Frequently asked questions

What is binding coverage, all products in Georgia?
Binding coverage, all products in Georgia was 100.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Georgia?
The highest recorded value was 100.0% in 2001.
What is the lowest binding coverage, all products recorded in Georgia?
The lowest recorded value was 100.0% in 2007.
How does Georgia rank for binding coverage, all products?
Georgia ranks 4th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Georgia?
Over the last ten years it is up 0.0%. The long-run trend across the full record is flat.
Where does this Georgia 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

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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.