Binding coverage, manufactured products in Cuba

Cuba: Binding coverage, manufactured products was 23.6% in 2022. ▼ Falling

Latest (2022)
23.6%
Change on year
unchanged
World rank
53rd
of 158 countries
All-time high
27.8%
in 1996
All-time low
23.5%
in 2015
Years of data
25
1996–2022

Binding coverage, manufactured products in Cuba, 1996–2022

01020301996200920221996: 27.8 %1997: 27.8 %1998: 27.8 %1999: 27.8 %2000: 27.8 %2001: 27.8 %2002: 27.8 %2003: 26.4 %2004: 26.4 %2005: 26.4 %2006: 26.4 %2007: 26.4 %2008: 26.4 %2009: 24.1 %2010: 24.1 %2011: 24.1 %2012: 24.1 %2013: 24.1 %2015: 23.5 %2016: 23.5 %2017: 23.5 %2019: 23.6 %2020: 23.6 %2021: 23.6 %2022: 23.6 %

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

Analysis

In 2022, binding coverage, manufactured products in Cuba stood at 23.6%.

That represents a change of down 2.4% over ten years.

Over the whole period, binding coverage, manufactured products in Cuba peaked at 27.8% in 1996 and was at its lowest, 23.5%, in 2015.

That places Cuba 53rd out of 158 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 27.8% 27.8% 27.8% 4
2000s 26.6% 24.1% 27.8% 10
2010s 23.8% 23.5% 24.1% 8
2020s 23.6% 23.6% 23.6% 3

Countries ranked near Cuba

  1. 50 Mauritania 34.3% compare
  2. 51 Sri Lanka 29.1% compare
  3. 52 Cote d'Ivoire 26.8% compare
  4. 54 Malawi 21.8% compare
  5. 55 Suriname 18.9% compare
  6. 56 Zimbabwe 8.5% compare

See the full ranking of 159 places →

More private sector data for Cuba

All data for Cuba →

Frequently asked questions

What is binding coverage, manufactured products in Cuba?
Binding coverage, manufactured products in Cuba was 23.6% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, manufactured products recorded in Cuba?
The highest recorded value was 27.8% in 1996.
What is the lowest binding coverage, manufactured products recorded in Cuba?
The lowest recorded value was 23.5% in 2015.
How does Cuba rank for binding coverage, manufactured products?
Cuba ranks 53rd out of 158 countries with data for 2022.
Is binding coverage, manufactured products rising or falling in Cuba?
Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
Where does this Cuba data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 25 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Binding coverage, manufactured 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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.