Statizoid

Binding coverage, all products in Nicaragua

Nicaragua: 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
100.0%
in 1997
All-time low
0.0%
in 2022
Years of data
28
1995–2022

Binding coverage, all products in Nicaragua, 1995–2022

0204060801001995200820221995: 100 %1996: 100 %1997: 100 %1998: 100 %1999: 100 %2000: 100 %2001: 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 %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 Nicaragua stood at 0.0%. That is the lowest value across all 28 years on record.

The figure is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, all products in Nicaragua peaked at 100.0% in 1997 and was at its lowest, 0.0%, in 2022.

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

The long-run direction has been consistently falling across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 100.0% 100.0% 100.0% 5
2000s 100.0% 100.0% 100.0% 10
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 Nicaragua

All data for Nicaragua →

Frequently asked questions

What is binding coverage, all products in Nicaragua?
Binding coverage, all products in Nicaragua was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Nicaragua?
The highest recorded value was 100.0% in 1997.
What is the lowest binding coverage, all products recorded in Nicaragua?
The lowest recorded value was 0.0% in 2022.
How does Nicaragua rank for binding coverage, all products?
Nicaragua ranks 60th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Nicaragua?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Nicaragua 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.