South Korea vs Latvia: Binding coverage, primary products
South Korea
0.0%
in 2022
Latvia
0.0%
in 2022
South Korea rank
60th
Latvia rank
60th
Binding coverage, primary products over time
- South Korea
- Latvia
How they compare
South 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 South Korea ahead.
South Korea ranks 60th and Latvia ranks 60th of 158 countries.
Across the 3 decades both report, South Korea averaged higher in 1 and Latvia in 2.
Head to head by decade
| Decade | South Korea | Latvia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 94.3% | 85.7% | 8.6% | South Korea |
| 2010s | 92.4% | 100.0% | 7.6% | Latvia |
| 2020s | 61.3% | 66.6% | 5.3% | Latvia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher binding coverage, primary products, South Korea or Latvia?
- South Korea, at 0.0% against 0.0% in Latvia as of 2022.
- What is the difference in binding coverage, primary products between South Korea and Latvia?
- 0.0%, with South Korea ahead.
- How many years of comparable data are there for South Korea and Latvia?
- 19 years are reported by both, from 2001 to 2022.
- How do South Korea and Latvia rank globally for binding coverage, primary products?
- South 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, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).