Statizoid

Binding coverage, primary products in Australia

Australia: Binding coverage, primary products was 0.0% in 2022. ▼ Falling

Latest (2022)
0.0%
Change on year
down 100.0%
World rank
60th
of 158 countries
All-time high
99.2%
in 2012
All-time low
0.0%
in 2022
Years of data
27
1996–2022

Binding coverage, primary products in Australia, 1996–2022

0204060801001996200920221996: 99 %1997: 99 %1998: 99 %1999: 99 %2000: 99 %2001: 99 %2002: 99.1 %2003: 99.1 %2004: 99.1 %2005: 99.1 %2006: 99.1 %2007: 99 %2008: 99 %2009: 99 %2010: 99 %2011: 99 %2012: 99.2 %2013: 99.1 %2014: 99.1 %2015: 99.1 %2016: 99.1 %2017: 99.1 %2018: 99.1 %2019: 99 %2020: 99.1 %2021: 99 %2022: 0 %

Source: Staff estimates, World Bank (WB). Measured in %.

Analysis

In 2022, binding coverage, primary products in Australia stood at 0.0%. That is the lowest value across all 27 years on record.

The figure is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, primary products in Australia peaked at 99.2% in 2012 and was at its lowest, 0.0%, in 2022.

Australia ranks 60th of 158 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 27 years of available data.

Binding coverage, primary products in Australia, year by year

Year % Change
1996 99.0% —
1997 99.0% +0.0%
1998 99.0% +0.0%
1999 99.0% +0.0%
2000 99.0% +0.0%
2001 99.0% -0.1%
2002 99.1% +0.1%
2003 99.1% +0.0%
2004 99.1% +0.0%
2005 99.1% +0.0%
2006 99.1% +0.0%
2007 99.0% -0.0%
2008 99.0% -0.1%
2009 99.0% +0.0%
2010 99.0% +0.1%
2011 99.0% -0.1%
2012 99.2% +0.2%
2013 99.1% -0.1%
2014 99.1% +0.0%
2015 99.1% +0.0%
2016 99.1% +0.0%
2017 99.1% -0.0%
2018 99.1% +0.0%
2019 99.0% -0.1%
2020 99.1% +0.1%
2021 99.0% -0.1%
2022 0.0% -100.0%

Biggest year-on-year movements

Years where Binding coverage, primary products in Australia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2022 -100.0% 99.0% 0.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 99.0% 99.0% 99.0% 4
2000s 99.0% 99.0% 99.1% 10
2010s 99.1% 99.0% 99.2% 10
2020s 66.0% 0.0% 99.1% 3

Countries ranked near Australia

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See the full ranking of 159 places →

More private sector data for Australia

All data for Australia →

Frequently asked questions

What is binding coverage, primary products in Australia?
Binding coverage, primary products in Australia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Australia?
The highest recorded value was 99.2% in 2012.
What is the lowest binding coverage, primary products recorded in Australia?
The lowest recorded value was 0.0% in 2022.
How does Australia rank for binding coverage, primary products?
Australia ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Australia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Australia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, primary products (%). Statizoid updates them automatically from the source API.

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Binding coverage, primary products in Australia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 22 September 2026, from https://private-sector.statizoid.com/stat/binding-coverage-primary-products-percent/australia/

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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).