Binding coverage, primary products in Colombia

Colombia: Binding coverage, primary products was 99.9% in 2022. ▬ Flat

Latest (2022)
99.9%
Change on year
unchanged
World rank
6th
of 158 countries
All-time high
100.0%
in 1995
All-time low
99.9%
in 2019
Years of data
28
1995–2022

Binding coverage, primary products in Colombia, 1995–2022

0204060801001995200820221995: 100 %1996: 100 %1997: 100 %1998: 100 %1999: 100 %2000: 100 %2001: 100 %2002: 100 %2003: 100 %2004: 100 %2005: 100 %2006: 100 %2007: 100 %2008: 100 %2009: 100 %2010: 100 %2011: 100 %2012: 100 %2013: 100 %2014: 100 %2015: 100 %2016: 100 %2017: 100 %2018: 100 %2019: 99.9 %2020: 99.9 %2021: 99.9 %2022: 99.9 %

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

Analysis

In 2022, binding coverage, primary products in Colombia stood at 99.9%. That is the lowest value across all 28 years on record.

The figure is down 0.1% over ten years.

Over the whole period, binding coverage, primary products in Colombia peaked at 100.0% in 1995 and was at its lowest, 99.9%, in 2019.

That places Colombia 6th out of 158 countries with data for 2022, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1990s 100.0% 100.0% 100.0% 5
2000s 100.0% 100.0% 100.0% 10
2010s 100.0% 99.9% 100.0% 10
2020s 99.9% 99.9% 99.9% 3

Countries ranked near Colombia

  1. 6 Angola 99.9% compare
  2. 6 Argentina 99.9% compare
  3. 6 Armenia 99.9% compare
  4. 6 Bolivia 99.9% compare
  5. 6 Brazil 99.9% compare
  6. 6 Chile 99.9% compare
  7. 6 Georgia 99.9% compare
  8. 6 Guyana 99.9% compare
  9. 6 Laos 99.9% compare
  10. 6 Mexico 99.9% compare
  11. 6 Moldova 99.9% compare
  12. 6 Morocco 99.9% compare
  13. 6 Papua New Guinea 99.9% compare
  14. 6 Paraguay 99.9% compare
  15. 6 Peru 99.9% compare
  16. 6 Russia 99.9% compare
  17. 6 Seychelles 99.9% compare
  18. 6 Tonga 99.9% compare
  19. 6 Ukraine 99.9% compare
  20. 6 United Arab Emirates 99.9% compare
  21. 6 Uruguay 99.9% compare

See the full ranking of 159 places →

More private sector data for Colombia

All data for Colombia →

Frequently asked questions

What is binding coverage, primary products in Colombia?
Binding coverage, primary products in Colombia was 99.9% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Colombia?
The highest recorded value was 100.0% in 1995.
What is the lowest binding coverage, primary products recorded in Colombia?
The lowest recorded value was 99.9% in 2019.
How does Colombia rank for binding coverage, primary products?
Colombia ranks 6th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Colombia?
Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
Where does this Colombia 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.

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, 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).