Binding coverage, manufactured products in India

India: Binding coverage, manufactured products was 0.0% in 2022. ▼ Falling

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
73.6%
in 2017
All-time low
0.0%
in 2022
Years of data
25
1996–2022

Binding coverage, manufactured products in India, 1996–2022

0204060801996200920221996: 73.5 %1997: 73.5 %1999: 73.5 %2000: 73.5 %2001: 73.5 %2002: 72.3 %2003: 72.3 %2004: 72.3 %2005: 72.3 %2006: 72.3 %2007: 73.4 %2008: 73.4 %2009: 73.4 %2010: 73.4 %2011: 73.5 %2012: 73.5 %2013: 73.5 %2015: 73.5 %2016: 73.5 %2017: 73.6 %2018: 73.6 %2019: 73.6 %2020: 73.6 %2021: 73.6 %2022: 0 %

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

Analysis

India recorded 0.0% for binding coverage, manufactured products in 2022. That is the lowest value across all 25 years on record.

The figure is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, manufactured products in India peaked at 73.6% in 2017 and was at its lowest, 0.0%, in 2022.

India ranks 60th of 158 countries on this measure, 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 73.5% 73.5% 73.5% 3
2000s 72.9% 72.3% 73.5% 10
2010s 73.5% 73.4% 73.6% 9
2020s 49.1% 0.0% 73.6% 3

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See the full ranking of 159 places →

More private sector data for India

All data for India →

Frequently asked questions

What is binding coverage, manufactured products in India?
Binding coverage, manufactured products in India was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, manufactured products recorded in India?
The highest recorded value was 73.6% in 2017.
What is the lowest binding coverage, manufactured products recorded in India?
The lowest recorded value was 0.0% in 2022.
How does India rank for binding coverage, manufactured products?
India ranks 60th out of 158 countries with data for 2022.
Is binding coverage, manufactured products rising or falling in India?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this India 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.