Statizoid

Binding coverage, primary products in Mongolia

Mongolia: 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
100.0%
in 1999
All-time low
0.0%
in 2022
Years of data
21
1999–2022

Binding coverage, primary products in Mongolia, 1999–2022

0204060801001999201020221999: 100 %2000: 100 %2001: 100 %2002: 100 %2003: 100 %2004: 100 %2005: 100 %2006: 100 %2007: 100 %2008: 100 %2009: 100 %2010: 100 %2011: 100 %2013: 100 %2015: 100 %2017: 100 %2018: 100 %2019: 99.9 %2020: 99.9 %2021: 99.9 %2022: 0 %

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

Analysis

Mongolia recorded 0.0% for binding coverage, primary products in 2022. That is the lowest value across all 21 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 Mongolia peaked at 100.0% in 1999 and was at its lowest, 0.0%, in 2022.

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

The long-run direction has been consistently falling across the 21 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 100.0% 100.0% 100.0% 1
2000s 100.0% 100.0% 100.0% 10
2010s 100.0% 99.9% 100.0% 7
2020s 66.6% 0.0% 99.9% 3

Countries ranked near Mongolia

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  22. 60 Costa Rica 0.0% compare
  23. 60 Croatia 0.0% compare
  24. 60 Cyprus 0.0% compare
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  34. 60 Gambia 0.0% compare
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  37. 60 Greece 0.0% compare
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See the full ranking of 159 places →

More private sector data for Mongolia

All data for Mongolia →

Frequently asked questions

What is binding coverage, primary products in Mongolia?
Binding coverage, primary products in Mongolia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Mongolia?
The highest recorded value was 100.0% in 1999.
What is the lowest binding coverage, primary products recorded in Mongolia?
The lowest recorded value was 0.0% in 2022.
How does Mongolia rank for binding coverage, primary products?
Mongolia ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Mongolia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Mongolia 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

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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).