Statizoid

Binding coverage, all products in Latvia

Latvia: Binding coverage, all products was 0.0% in 2022. ▲ Rising

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
100.0%
in 2004
All-time low
0.0%
in 2001
Years of data
20
2001–2022

Binding coverage, all products in Latvia, 2001–2022

0204060801002001201120222001: 0 %2004: 100 %2005: 100 %2006: 100 %2007: 100 %2008: 100 %2009: 100 %2010: 100 %2011: 100 %2012: 100 %2013: 100 %2014: 100 %2015: 100 %2016: 100 %2017: 100 %2018: 100 %2019: 100 %2020: 100 %2021: 100 %2022: 0 %

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

Analysis

In 2022, binding coverage, all products in Latvia stood at 0.0%. That is the lowest value across all 20 years on record.

Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, all products in Latvia peaked at 100.0% in 2004 and was at its lowest, 0.0%, in 2001.

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

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 85.7% 0.0% 100.0% 7
2010s 100.0% 100.0% 100.0% 10
2020s 66.7% 0.0% 100.0% 3

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See the full ranking of 159 places →

More private sector data for Latvia

All data for Latvia →

Frequently asked questions

What is binding coverage, all products in Latvia?
Binding coverage, all products in Latvia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Latvia?
The highest recorded value was 100.0% in 2004.
What is the lowest binding coverage, all products recorded in Latvia?
The lowest recorded value was 0.0% in 2001.
How does Latvia rank for binding coverage, all products?
Latvia ranks 60th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Latvia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is rising.
Where does this Latvia 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.