Binding coverage, all products in Venezuela
Venezuela: Binding coverage, all products was 100.0% in 2022. ▬ Flat
Binding coverage, all products in Venezuela, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, all products in Venezuela stood at 100.0%. That is the lowest value across all 27 years on record.
The figure is down 0.0% over ten years.
Over the whole period, binding coverage, all products in Venezuela peaked at 100.0% in 1995 and was at its lowest, 100.0%, in 2019.
Venezuela ranks 28th of 158 countries on this measure, in the top quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 4 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 100.0% | 100.0% | 10 |
| 2020s | 100.0% | 100.0% | 100.0% | 3 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise exports 8.60 billion current US$ (2025)
- Manufactures exports 1.8% (2013)
- Food exports 0.0% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Manufactures imports 70.7% (2013)
- Food imports 18.4% (2013)
- Merchandise trade 22.5% (2025)
- Commercial service exports 1.24 billion current US$ (2016)
- Transport services 29.5% (2016)
- Computer, communications and other services 46.5% (2016)
Frequently asked questions
- What is binding coverage, all products in Venezuela?
- Binding coverage, all products in Venezuela was 100.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, all products recorded in Venezuela?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, all products recorded in Venezuela?
- The lowest recorded value was 100.0% in 2019.
- How does Venezuela rank for binding coverage, all products?
- Venezuela ranks 28th out of 158 countries with data for 2022.
- Is binding coverage, all products rising or falling in Venezuela?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Venezuela 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
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.