Statizoid

Binding coverage, primary products in Montenegro

Montenegro: Binding coverage, primary products was 0.0% in 2022. ▼ Falling

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
100.0%
in 2012
All-time low
0.0%
in 2022
Years of data
11
2012–2022

Binding coverage, primary products in Montenegro, 2012–2022

0204060801002012201720222012: 100 %2013: 100 %2014: 100 %2015: 100 %2016: 100 %2017: 100 %2018: 100 %2019: 99.9 %2020: 99.9 %2021: 99.9 %2022: 0 %

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

Analysis

In 2022, binding coverage, primary products in Montenegro stood at 0.0%. That is the lowest value across all 11 years on record.

The figure is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, primary products in Montenegro peaked at 100.0% in 2012 and was at its lowest, 0.0%, in 2022.

That places Montenegro 60th out of 158 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 100.0% 99.9% 100.0% 8
2020s 66.6% 0.0% 99.9% 3

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See the full ranking of 159 places →

More private sector data for Montenegro

All data for Montenegro →

Frequently asked questions

What is binding coverage, primary products in Montenegro?
Binding coverage, primary products in Montenegro was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Montenegro?
The highest recorded value was 100.0% in 2012.
What is the lowest binding coverage, primary products recorded in Montenegro?
The lowest recorded value was 0.0% in 2022.
How does Montenegro rank for binding coverage, primary products?
Montenegro ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Montenegro?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Montenegro 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

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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).