Binding coverage, manufactured products in Hungary
Hungary: Binding coverage, manufactured products was 0.0% in 2022. ▲ Rising
Binding coverage, manufactured products in Hungary, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, manufactured products in Hungary stood at 0.0%. That is the lowest value across all 22 years on record.
That represents a change of down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, binding coverage, manufactured products in Hungary peaked at 100.0% in 2004 and was at its lowest, 0.0%, in 1996.
That places Hungary 60th out of 158 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0% | 0.0% | 0.0% | 2 |
| 2000s | 85.7% | 0.0% | 100.0% | 7 |
| 2010s | 100.0% | 100.0% | 100.0% | 10 |
| 2020s | 66.7% | 0.0% | 100.0% | 3 |
Countries ranked near Hungary
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More private sector data for Hungary
- Merchandise exports 168.84 billion current US$ (2025)
- Manufactures exports 80.4% (2025)
- Food exports 8.6% (2025)
- Merchandise imports 159.20 billion current US$ (2025)
- Manufactures imports 72.5% (2025)
- Food imports 7.0% (2025)
- Merchandise trade 133.1% (2025)
- Commercial service exports 42.88 billion current US$ (2025)
- Transport services 27.5% (2025)
- Computer, communications and other services 53.5% (2025)
Frequently asked questions
- What is binding coverage, manufactured products in Hungary?
- Binding coverage, manufactured products in Hungary was 0.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Hungary?
- The highest recorded value was 100.0% in 2004.
- What is the lowest binding coverage, manufactured products recorded in Hungary?
- The lowest recorded value was 0.0% in 1996.
- How does Hungary rank for binding coverage, manufactured products?
- Hungary ranks 60th out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Hungary?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is rising.
- Where does this Hungary 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
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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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.