Binding coverage, all products in Singapore
Singapore: Binding coverage, all products was 72.0% in 2022. ▬ Flat
Binding coverage, all products in Singapore, 1995–2022
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
| Decade | Average | Lowest | Highest | 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
More private sector data for Singapore
- Merchandise exports 566.87 billion current US$ (2025)
- Manufactures exports 74.5% (2024)
- Food exports 2.8% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Manufactures imports 70.9% (2024)
- Food imports 3.7% (2024)
- Merchandise trade 177.6% (2025)
- Commercial service exports 421.98 billion current US$ (2025)
- Transport services 31.3% (2025)
- Computer, communications and other services 53.4% (2025)
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
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.