Korea vs Latvia: Binding coverage, manufactured products
Korea
0.0%
in 2022
Latvia
0.0%
in 2022
Korea rank
60th
Latvia rank
60th
Binding coverage, manufactured products over time
- Korea
- Latvia
How they compare
Korea currently reports 0.0% against 0.0% in Latvia, a difference of 0.0%.
The two have swapped places 1 time across 19 shared years of data; in 2001 it was Korea ahead.
Korea ranks 60th and Latvia ranks 60th of 158 countries.
Across the 3 decades both report, Korea averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 94.9% | 85.7% | 9.2% | Korea |
| 2010s | 95.0% | 100.0% | 5.0% | Latvia |
| 2020s | 63.6% | 66.7% | 3.1% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher binding coverage, manufactured products, Korea or Latvia?
- Korea, at 0.0% against 0.0% in Latvia as of 2022.
- What is the difference in binding coverage, manufactured products between Korea and Latvia?
- 0.0%, with Korea ahead.
- How many years of comparable data are there for Korea and Latvia?
- 19 years are reported by both, from 2001 to 2022.
- How do Korea and Latvia rank globally for binding coverage, manufactured products?
- Korea ranks 60th and Latvia ranks 60th of 158 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Binding coverage, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.