Binding coverage, manufactured products in Singapore

Singapore: Binding coverage, manufactured products was 67.4% in 2022. ▬ Flat

Latest (2022)
67.4%
Change on year
unchanged
World rank
46th
of 158 countries
All-time high
68.7%
in 1995
All-time low
65.6%
in 2008
Years of data
28
1995–2022

Binding coverage, manufactured products in Singapore, 1995–2022

02040601995200820221995: 68.7 %1996: 68.4 %1997: 68.4 %1998: 68.4 %1999: 68.4 %2000: 68.4 %2001: 68.4 %2002: 68.5 %2003: 68.5 %2004: 68.5 %2005: 68.5 %2006: 68.5 %2007: 66.9 %2008: 65.6 %2009: 65.6 %2010: 65.6 %2011: 65.6 %2012: 65.8 %2013: 65.8 %2014: 65.8 %2015: 67.7 %2016: 67.7 %2017: 67.7 %2018: 67.7 %2019: 67.4 %2020: 67.4 %2021: 67.4 %2022: 67.4 %

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

Analysis

In 2022, binding coverage, manufactured products in Singapore stood at 67.4%.

The figure is up 2.5% over ten years.

Over the whole period, binding coverage, manufactured products in Singapore peaked at 68.7% in 1995 and was at its lowest, 65.6%, in 2008.

That places Singapore 46th out of 158 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 68.5% 68.4% 68.7% 5
2000s 67.7% 65.6% 68.5% 10
2010s 66.7% 65.6% 67.7% 10
2020s 67.4% 67.4% 67.4% 3

Countries ranked near Singapore

  1. 43 Brunei 94.8% compare
  2. 44 Haiti 90.6% compare
  3. 45 Israel 71.5% compare
  4. 47 Philippines 61.4% compare
  5. 48 Tunisia 56.7% compare
  6. 49 Fiji 50.1% compare

See the full ranking of 159 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is binding coverage, manufactured products in Singapore?
Binding coverage, manufactured products in Singapore was 67.4% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, manufactured products recorded in Singapore?
The highest recorded value was 68.7% in 1995.
What is the lowest binding coverage, manufactured products recorded in Singapore?
The lowest recorded value was 65.6% in 2008.
How does Singapore rank for binding coverage, manufactured products?
Singapore ranks 46th out of 158 countries with data for 2022.
Is binding coverage, manufactured products rising or falling in Singapore?
Over the last ten years it is up 2.5%. The long-run trend across the full record is flat.
Where does this Singapore 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 — 28 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.