Binding coverage, primary products in Cape Verde
Cape Verde: Binding coverage, primary products was 99.8% in 2022. ▬ Flat
Binding coverage, primary products in Cape Verde, 2008–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
In 2022, binding coverage, primary products in Cape Verde stood at 99.8%. That is the lowest value across all 11 years on record.
The figure is down 0.1% over ten years.
Over the whole period, binding coverage, primary products in Cape Verde peaked at 99.9% in 2013 and was at its lowest, 99.8%, in 2020.
Cape Verde ranks 28th of 158 countries on this measure, in the top quarter.
Binding coverage, primary products in Cape Verde, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 99.9% | — |
| 2009 | 99.9% | +0.0% |
| 2010 | 99.9% | +0.0% |
| 2011 | 99.9% | +0.0% |
| 2012 | 99.9% | +0.0% |
| 2013 | 99.9% | +0.0% |
| 2015 | 99.9% | +0.0% |
| 2019 | 99.9% | +0.0% |
| 2020 | 99.8% | -0.1% |
| 2021 | 99.8% | +0.0% |
| 2022 | 99.8% | +0.0% |
Cape Verde compared with similar countries
- Cape Verde's 99.8% is above the median for upper middle income countries, which is 58.4%, 1.7× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 99.9% | 99.9% | 99.9% | 2 |
| 2010s | 99.9% | 99.9% | 99.9% | 6 |
| 2020s | 99.8% | 99.8% | 99.8% | 3 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise trade 70.0% (2025)
- Food imports 32.6% (2024)
- Manufactures imports 50.8% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Food exports 86.4% (2024)
- Manufactures exports 13.6% (2024)
- Merchandise exports 96.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 182.05 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0314 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is binding coverage, primary products in Cape Verde?
- Binding coverage, primary products in Cape Verde was 99.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, primary products recorded in Cape Verde?
- The highest recorded value was 99.9% in 2013.
- What is the lowest binding coverage, primary products recorded in Cape Verde?
- The lowest recorded value was 99.8% in 2020.
- How does Cape Verde rank for binding coverage, primary products?
- Cape Verde ranks 28th out of 158 countries with data for 2022.
- Is binding coverage, primary products rising or falling in Cape Verde?
- Over the last ten years it is down 0.1%. The long-run trend across the full record is flat.
- Where does this Cape Verde 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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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).