Statizoid

Binding coverage, primary products in South Africa

South Africa: 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
87.2%
in 1997
All-time low
0.0%
in 2022
Years of data
26
1996–2022

Binding coverage, primary products in South Africa, 1996–2022

0204060801996200920221996: 87.1 %1997: 87.2 %1999: 87.2 %2000: 87.2 %2001: 87.2 %2002: 86.7 %2003: 86.7 %2004: 86.7 %2005: 86.7 %2006: 86.7 %2007: 85.6 %2008: 85.6 %2009: 85.6 %2010: 85.6 %2011: 85.6 %2012: 80 %2013: 80 %2014: 80 %2015: 80 %2016: 80 %2017: 80.6 %2018: 80.6 %2019: 80.5 %2020: 80.5 %2021: 80.5 %2022: 0 %

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

Analysis

South Africa recorded 0.0% for binding coverage, primary products in 2022. That is the lowest value across all 26 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 South Africa peaked at 87.2% in 1997 and was at its lowest, 0.0%, in 2022.

That places South Africa 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 26 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 87.2% 87.1% 87.2% 3
2000s 86.5% 85.6% 87.2% 10
2010s 81.3% 80.0% 85.6% 10
2020s 53.7% 0.0% 80.5% 3

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See the full ranking of 159 places →

More private sector data for South Africa

All data for South Africa →

Frequently asked questions

What is binding coverage, primary products in South Africa?
Binding coverage, primary products in South Africa was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in South Africa?
The highest recorded value was 87.2% in 1997.
What is the lowest binding coverage, primary products recorded in South Africa?
The lowest recorded value was 0.0% in 2022.
How does South Africa rank for binding coverage, primary products?
South Africa ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in South Africa?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this South Africa 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 — 26 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).