Binding coverage, primary products in Kuwait

Kuwait: Binding coverage, primary products was 99.6% in 2022. ▬ Flat

Latest (2022)
99.6%
Change on year
up 0.1%
World rank
33rd
of 158 countries
All-time high
99.8%
in 2002
All-time low
99.5%
in 2019
Years of data
21
2002–2022

Binding coverage, primary products in Kuwait, 2002–2022

0204060801002002201220222002: 99.8 %2003: 99.6 %2004: 99.6 %2005: 99.6 %2006: 99.6 %2007: 99.6 %2008: 99.6 %2009: 99.6 %2010: 99.6 %2011: 99.6 %2012: 99.5 %2013: 99.5 %2014: 99.5 %2015: 99.5 %2016: 99.5 %2017: 99.5 %2018: 99.5 %2019: 99.5 %2020: 99.5 %2021: 99.5 %2022: 99.6 %

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

Analysis

In 2022, binding coverage, primary products in Kuwait stood at 99.6%.

Compared with earlier readings it is up 0.1% on the previous year and up 0.0% over ten years.

Over the whole period, binding coverage, primary products in Kuwait peaked at 99.8% in 2002 and was at its lowest, 99.5%, in 2019.

That places Kuwait 33rd out of 158 countries with data for 2022, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 99.6% 99.6% 99.8% 8
2010s 99.5% 99.5% 99.6% 10
2020s 99.5% 99.5% 99.6% 3

Countries ranked near Kuwait

  1. 34 Saint Lucia 99.2% compare
  2. 35 Egypt 99.0% compare
  3. 36 Saint Vincent and the Grenadines 98.8% compare

See the full ranking of 159 places →

More private sector data for Kuwait

All data for Kuwait →

Frequently asked questions

What is binding coverage, primary products in Kuwait?
Binding coverage, primary products in Kuwait was 99.6% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Kuwait?
The highest recorded value was 99.8% in 2002.
What is the lowest binding coverage, primary products recorded in Kuwait?
The lowest recorded value was 99.5% in 2019.
How does Kuwait rank for binding coverage, primary products?
Kuwait ranks 33rd out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Kuwait?
Over the last ten years it is up 0.0%. The long-run trend across the full record is flat.
Where does this Kuwait 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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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).