Binding coverage, all products in Paraguay
Paraguay: Binding coverage, all products was 100.0% in 2022. ▬ Flat
Latest (2022)
100.0%
Change on year
unchanged
World rank
4th
of 158 countries
All-time high
100.0%
in 1995
All-time low
100.0%
in 2019
Years of data
28
1995–2022
Binding coverage, all products in Paraguay, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
Paraguay recorded 100.0% for binding coverage, all products in 2022. That is the lowest value across all 28 years on record.
The figure is down 0.0% over ten years.
Over the whole period, binding coverage, all products in Paraguay peaked at 100.0% in 1995 and was at its lowest, 100.0%, in 2019.
Paraguay ranks 4th of 158 countries on this measure, in the top 10%.
Binding coverage, all products in Paraguay, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 100.0% | — |
| 1996 | 100.0% | +0.0% |
| 1997 | 100.0% | +0.0% |
| 1998 | 100.0% | +0.0% |
| 1999 | 100.0% | +0.0% |
| 2000 | 100.0% | +0.0% |
| 2001 | 100.0% | +0.0% |
| 2002 | 100.0% | +0.0% |
| 2003 | 100.0% | +0.0% |
| 2004 | 100.0% | +0.0% |
| 2005 | 100.0% | +0.0% |
| 2006 | 100.0% | +0.0% |
| 2007 | 100.0% | +0.0% |
| 2008 | 100.0% | +0.0% |
| 2009 | 100.0% | +0.0% |
| 2010 | 100.0% | +0.0% |
| 2011 | 100.0% | +0.0% |
| 2012 | 100.0% | +0.0% |
| 2013 | 100.0% | +0.0% |
| 2014 | 100.0% | +0.0% |
| 2015 | 100.0% | +0.0% |
| 2016 | 100.0% | +0.0% |
| 2017 | 100.0% | +0.0% |
| 2018 | 100.0% | +0.0% |
| 2019 | 100.0% | -0.0% |
| 2020 | 100.0% | +0.0% |
| 2021 | 100.0% | +0.0% |
| 2022 | 100.0% | +0.0% |
Paraguay compared with similar countries
- Paraguay's 100.0% is above the median for upper middle income countries, which is 40.6%, 2.5× the median. (45 countries reporting)
- Paraguay's 100.0% is above the median for Latin America & Caribbean, which is 96.7%, 1.0× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 100.0% | 100.0% | 100.0% | 5 |
| 2000s | 100.0% | 100.0% | 100.0% | 10 |
| 2010s | 100.0% | 100.0% | 100.0% | 10 |
| 2020s | 100.0% | 100.0% | 100.0% | 3 |
Countries ranked near Paraguay
- 1 Democratic Republic of Congo 100.0% compare
- 1 Tajikistan 100.0% compare
- 1 Trinidad and Tobago 100.0% compare
- 4 Angola 100.0% compare
- 4 Argentina 100.0% compare
- 4 Armenia 100.0% compare
- 4 Bolivia 100.0% compare
- 4 Brazil 100.0% compare
- 4 Chile 100.0% compare
- 4 Colombia 100.0% compare
- 4 Djibouti 100.0% compare
- 4 Georgia 100.0% compare
- 4 Grenada 100.0% compare
- 4 Guyana 100.0% compare
- 4 Laos 100.0% compare
- 4 Mexico 100.0% compare
- 4 Moldova 100.0% compare
- 4 Morocco 100.0% compare
- 4 Papua New Guinea 100.0% compare
- 4 Peru 100.0% compare
- 4 Russia 100.0% compare
- 4 Seychelles 100.0% compare
- 4 Tonga 100.0% compare
- 4 Ukraine 100.0% compare
- 4 United Arab Emirates 100.0% compare
- 4 Uruguay 100.0% compare
More private sector data for Paraguay
- Merchandise trade 61.3% (2025)
- Food imports 7.8% (2025)
- Manufactures imports 79.2% (2025)
- Merchandise imports 19.13 billion current US$ (2025)
- Food exports 69.1% (2025)
- Manufactures exports 16.3% (2025)
- Merchandise exports 11.08 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,580 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2249 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.86 % change on previous year (2025)
Frequently asked questions
- What is binding coverage, all products in Paraguay?
- Binding coverage, all products in Paraguay was 100.0% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, all products recorded in Paraguay?
- The highest recorded value was 100.0% in 1995.
- What is the lowest binding coverage, all products recorded in Paraguay?
- The lowest recorded value was 100.0% in 2019.
- How does Paraguay rank for binding coverage, all products?
- Paraguay ranks 4th out of 158 countries with data for 2022.
- Is binding coverage, all products rising or falling in Paraguay?
- Over the last ten years it is down 0.0%. The long-run trend across the full record is flat.
- Where does this Paraguay 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.