Binding coverage, all products in Singapore

Singapore: Binding coverage, all products was 72.0% in 2022. ▬ Flat

Latest (2022)
72.0%
Change on year
unchanged
World rank
46th
of 158 countries
All-time high
72.2%
in 2015
All-time low
69.6%
in 2008
Years of data
28
1995–2022

Binding coverage, all products in Singapore, 1995–2022

0204060801995200820221995: 71.9 %1996: 71.7 %1997: 71.7 %1998: 71.7 %1999: 71.7 %2000: 71.7 %2001: 71.7 %2002: 71.7 %2003: 71.7 %2004: 71.7 %2005: 71.7 %2006: 71.7 %2007: 70.5 %2008: 69.6 %2009: 69.6 %2010: 69.6 %2011: 69.6 %2012: 70.8 %2013: 70.8 %2014: 70.8 %2015: 72.2 %2016: 72.2 %2017: 72.2 %2018: 72.2 %2019: 72 %2020: 72 %2021: 72 %2022: 72 %

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

Analysis

Singapore recorded 72.0% for binding coverage, all products in 2022.

The figure is up 1.6% over ten years.

Over the whole period, binding coverage, all products in Singapore peaked at 72.2% in 2015 and was at its lowest, 69.6%, in 2008.

Singapore ranks 46th of 158 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 71.7% 71.7% 71.9% 5
2000s 71.2% 69.6% 71.7% 10
2010s 71.2% 69.6% 72.2% 10
2020s 72.0% 72.0% 72.0% 3

Countries ranked near Singapore

  1. 43 Dominica 92.7% compare
  2. 44 Haiti 88.2% compare
  3. 45 Israel 75.8% compare
  4. 47 Philippines 62.1% compare
  5. 48 Tunisia 58.2% compare
  6. 49 Fiji 51.5% compare

See the full ranking of 159 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is binding coverage, all products in Singapore?
Binding coverage, all products in Singapore was 72.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Singapore?
The highest recorded value was 72.2% in 2015.
What is the lowest binding coverage, all products recorded in Singapore?
The lowest recorded value was 69.6% in 2008.
How does Singapore rank for binding coverage, all products?
Singapore ranks 46th out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Singapore?
Over the last ten years it is up 1.6%. The long-run trend across the full record is flat.
Where does this Singapore 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.