Binding coverage, all products in Cuba
Cuba: Binding coverage, all products was 32.6% in 2022. ▼ Falling
Binding coverage, all products in Cuba, 1996–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, all products in Cuba stood at 32.6%.
The figure is up 1.0% over ten years.
Over the whole period, binding coverage, all products in Cuba peaked at 35.4% in 1996 and was at its lowest, 32.3%, in 2009.
Cuba ranks 54th of 158 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Binding coverage, all products in Cuba, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 35.4% | — |
| 1997 | 35.4% | +0.0% |
| 1998 | 35.4% | +0.0% |
| 1999 | 35.4% | +0.0% |
| 2000 | 35.4% | +0.0% |
| 2001 | 35.4% | +0.0% |
| 2002 | 35.4% | +0.0% |
| 2003 | 34.2% | -3.4% |
| 2004 | 34.2% | +0.0% |
| 2005 | 34.2% | +0.0% |
| 2006 | 34.2% | +0.0% |
| 2007 | 34.2% | +0.0% |
| 2008 | 34.2% | +0.0% |
| 2009 | 32.3% | -5.6% |
| 2010 | 32.3% | +0.0% |
| 2011 | 32.3% | +0.0% |
| 2012 | 32.3% | +0.0% |
| 2013 | 32.3% | +0.0% |
| 2015 | 32.4% | +0.5% |
| 2016 | 32.4% | +0.0% |
| 2017 | 32.4% | +0.0% |
| 2019 | 32.6% | +0.5% |
| 2020 | 32.6% | +0.0% |
| 2021 | 32.6% | +0.0% |
| 2022 | 32.6% | +0.0% |
Cuba compared with similar countries
- Cuba's 32.6% is below the median for upper middle income countries, which is 40.6%, 80% of the median. (45 countries reporting)
- Cuba's 32.6% is below the median for Latin America & Caribbean, which is 96.7%, 34% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.4% | 35.4% | 35.4% | 4 |
| 2000s | 34.3% | 32.3% | 35.4% | 10 |
| 2010s | 32.4% | 32.3% | 32.6% | 8 |
| 2020s | 32.6% | 32.6% | 32.6% | 3 |
Countries ranked near Cuba
More private sector data for Cuba
- Merchandise trade 8.3% (2020)
- Food imports 25.2% (2022)
- Manufactures imports 38.3% (2022)
- Merchandise imports 8.75 billion current US$ (2025)
- Food exports 30.7% (2022)
- Manufactures exports 7.8% (2022)
- Merchandise exports 1.62 billion current US$ (2025)
- Merchandise exports (current US$), per capita 148.12 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0159 current US$ per US$ of GDP (2020)
- Merchandise exports (current US$), annual growth rate 0.809 % change on previous year (2025)
Frequently asked questions
- What is binding coverage, all products in Cuba?
- Binding coverage, all products in Cuba was 32.6% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, all products recorded in Cuba?
- The highest recorded value was 35.4% in 1996.
- What is the lowest binding coverage, all products recorded in Cuba?
- The lowest recorded value was 32.3% in 2009.
- How does Cuba rank for binding coverage, all products?
- Cuba ranks 54th out of 158 countries with data for 2022.
- Is binding coverage, all products rising or falling in Cuba?
- Over the last ten years it is up 1.0%. The long-run trend across the full record is falling.
- Where does this Cuba data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, all products (%). Statizoid updates them automatically from the source API.
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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.