Binding coverage, all products in Vietnam

Vietnam: Binding coverage, all products was 93.8% in 2022. ▬ Flat

Latest (2022)
93.8%
Change on year
unchanged
World rank
42nd
of 158 countries
All-time high
97.1%
in 2007
All-time low
93.8%
in 2012
Years of data
15
2007–2022

Binding coverage, all products in Vietnam, 2007–2022

0204060801002007201420222007: 97.1 %2008: 96.9 %2009: 96.9 %2010: 96.9 %2012: 93.8 %2013: 93.8 %2014: 93.8 %2015: 93.8 %2016: 93.8 %2017: 93.8 %2018: 93.8 %2019: 93.8 %2020: 93.8 %2021: 93.8 %2022: 93.8 %

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

Analysis

In 2022, binding coverage, all products in Vietnam stood at 93.8%.

That represents a change of up 0.1% over ten years.

Over the whole period, binding coverage, all products in Vietnam peaked at 97.1% in 2007 and was at its lowest, 93.8%, in 2012.

Vietnam ranks 42nd of 158 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 97.0% 96.9% 97.1% 3
2010s 94.1% 93.8% 96.9% 9
2020s 93.8% 93.8% 93.8% 3

Countries ranked near Vietnam

  1. 40 Brunei 95.5% compare
  2. 41 Ecuador 94.6% compare
  3. 43 Dominica 92.7% compare
  4. 44 Haiti 88.2% compare
  5. 45 Israel 75.8% compare

See the full ranking of 159 places →

More private sector data for Vietnam

All data for Vietnam →

Frequently asked questions

What is binding coverage, all products in Vietnam?
Binding coverage, all products in Vietnam was 93.8% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, all products recorded in Vietnam?
The highest recorded value was 97.1% in 2007.
What is the lowest binding coverage, all products recorded in Vietnam?
The lowest recorded value was 93.8% in 2012.
How does Vietnam rank for binding coverage, all products?
Vietnam ranks 42nd out of 158 countries with data for 2022.
Is binding coverage, all products rising or falling in Vietnam?
Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
Where does this Vietnam 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 — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.