Statizoid

Binding coverage, primary products in Guinea

Guinea: 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
59.3%
in 1998
All-time low
0.0%
in 2022
Years of data
13
1998–2022

Binding coverage, primary products in Guinea, 1998–2022

02040601998201020221998: 59.3 %2004: 59.3 %2005: 58.5 %2008: 58.5 %2009: 58.5 %2010: 58.5 %2012: 58.5 %2017: 57.1 %2018: 57.1 %2019: 57 %2020: 57 %2021: 57 %2022: 0 %

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

Analysis

Guinea recorded 0.0% for binding coverage, primary products in 2022. That is the lowest value across all 13 years on record.

Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, binding coverage, primary products in Guinea peaked at 59.3% in 1998 and was at its lowest, 0.0%, in 2022.

That places Guinea 60th out of 158 countries with data for 2022, putting it in the middle of the range.

The long-run direction has been consistently falling across the 13 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 59.3% 59.3% 59.3% 1
2000s 58.7% 58.5% 59.3% 4
2010s 57.6% 57.0% 58.5% 5
2020s 38.0% 0.0% 57.0% 3

Countries ranked near Guinea

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  12. 60 Bulgaria 0.0% compare
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  15. 60 Cambodia 0.0% compare
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  19. 60 Chad 0.0% compare
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  21. 60 Congo 0.0% compare
  22. 60 Costa Rica 0.0% compare
  23. 60 Croatia 0.0% compare
  24. 60 Cyprus 0.0% compare
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  35. 60 Germany 0.0% compare
  36. 60 Ghana 0.0% compare
  37. 60 Greece 0.0% compare
  38. 60 Guatemala 0.0% compare
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See the full ranking of 159 places →

More private sector data for Guinea

All data for Guinea →

Frequently asked questions

What is binding coverage, primary products in Guinea?
Binding coverage, primary products in Guinea was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Guinea?
The highest recorded value was 59.3% in 1998.
What is the lowest binding coverage, primary products recorded in Guinea?
The lowest recorded value was 0.0% in 2022.
How does Guinea rank for binding coverage, primary products?
Guinea ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Guinea?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Guinea 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.

Download this data

CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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).