Binding coverage, manufactured products in Singapore
Singapore: Binding coverage, manufactured products was 67.4% in 2022. ▬ Flat
Binding coverage, manufactured products in Singapore, 1995–2022
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
| Decade | Average | Lowest | Highest | 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
More private sector data for Singapore
- Merchandise exports 566.87 billion current US$ (2025)
- Manufactures exports 74.5% (2024)
- Food exports 2.8% (2024)
- Merchandise imports 505.84 billion current US$ (2025)
- Manufactures imports 70.9% (2024)
- Food imports 3.7% (2024)
- Merchandise trade 177.6% (2025)
- Commercial service exports 421.98 billion current US$ (2025)
- Transport services 31.3% (2025)
- Computer, communications and other services 53.4% (2025)
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.
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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.