Korea, Rep. vs Nicaragua: Binding coverage, primary products

Korea, Rep.
0.0%
in 2022
Nicaragua
0.0%
in 2022
Korea, Rep. rank
60th
Nicaragua rank
60th

Binding coverage, primary products over time

  • Korea, Rep.
  • Nicaragua
020406080100199520082022

How they compare

Korea, Rep. currently reports 0.0% against 0.0% in Nicaragua, a difference of 0.0%.

Across all 27 years both countries report, Nicaragua has been ahead every year.

Korea, Rep. ranks 60th and Nicaragua ranks 60th of 158 countries.

Nicaragua has averaged higher in every one of the 4 decades both report.

Head to head by decade

Decade Korea, Rep. Nicaragua Difference Ahead
1990s 94.8% 100.0% 5.2% Nicaragua
2000s 94.4% 100.0% 5.6% Nicaragua
2010s 92.4% 100.0% 7.6% Nicaragua
2020s 61.3% 66.6% 5.3% Nicaragua

Averages of every year both report within each decade.

Frequently asked questions

Which has higher binding coverage, primary products, Korea, Rep. or Nicaragua?
Korea, Rep., at 0.0% against 0.0% in Nicaragua as of 2022.
What is the difference in binding coverage, primary products between Korea, Rep. and Nicaragua?
0.0%, with Korea, Rep. ahead.
How many years of comparable data are there for Korea, Rep. and Nicaragua?
27 years are reported by both, from 1995 to 2022.
How do Korea, Rep. and Nicaragua rank globally for binding coverage, primary products?
Korea, Rep. ranks 60th and Nicaragua 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

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).