Binding coverage, primary products in Cape Verde

Cape Verde: Binding coverage, primary products was 99.8% in 2022. ▬ Flat

Latest (2022)
99.8%
Change on year
unchanged
World rank
28th
of 158 countries
All-time high
99.9%
in 2013
All-time low
99.8%
in 2020
Years of data
11
2008–2022

Binding coverage, primary products in Cape Verde, 2008–2022

0204060801002008201520222008: 99.9 %2009: 99.9 %2010: 99.9 %2011: 99.9 %2012: 99.9 %2013: 99.9 %2015: 99.9 %2019: 99.9 %2020: 99.8 %2021: 99.8 %2022: 99.8 %

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

Analysis

In 2022, binding coverage, primary products in Cape Verde stood at 99.8%. That is the lowest value across all 11 years on record.

The figure is down 0.1% over ten years.

Over the whole period, binding coverage, primary products in Cape Verde peaked at 99.9% in 2013 and was at its lowest, 99.8%, in 2020.

Cape Verde ranks 28th of 158 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 99.9% 99.9% 99.9% 2
2010s 99.9% 99.9% 99.9% 6
2020s 99.8% 99.8% 99.8% 3

Countries ranked near Cape Verde

  1. 28 Jordan 99.8% compare
  2. 28 Kyrgyzstan 99.8% compare
  3. 28 Samoa 99.8% compare
  4. 28 Venezuela 99.8% compare

See the full ranking of 159 places →

More private sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is binding coverage, primary products in Cape Verde?
Binding coverage, primary products in Cape Verde was 99.8% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Cape Verde?
The highest recorded value was 99.9% in 2013.
What is the lowest binding coverage, primary products recorded in Cape Verde?
The lowest recorded value was 99.8% in 2020.
How does Cape Verde rank for binding coverage, primary products?
Cape Verde ranks 28th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Cape Verde?
Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
Where does this Cape Verde data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Binding coverage, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).