Statizoid

Binding coverage, primary products in Saudi Arabia

Saudi Arabia: 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 2005
All-time low
0.0%
in 2022
Years of data
13
2005–2022

Binding coverage, primary products in Saudi Arabia, 2005–2022

0204060801002005201320222005: 100 %2006: 100 %2007: 100 %2008: 100 %2009: 100 %2011: 100 %2012: 100 %2013: 100 %2014: 100 %2015: 100 %2017: 100 %2020: 99.9 %2022: 0 %

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

Analysis

The most recent figure for binding coverage, primary products in Saudi Arabia is 0.0%, measured in 2022. That is the lowest value across all 13 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 Saudi Arabia peaked at 100.0% in 2005 and was at its lowest, 0.0%, in 2022.

That places Saudi Arabia 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
2000s 100.0% 100.0% 100.0% 5
2010s 100.0% 100.0% 100.0% 6
2020s 50.0% 0.0% 99.9% 2

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See the full ranking of 159 places →

More private sector data for Saudi Arabia

All data for Saudi Arabia →

Frequently asked questions

What is binding coverage, primary products in Saudi Arabia?
Binding coverage, primary products in Saudi Arabia was 0.0% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Saudi Arabia?
The highest recorded value was 100.0% in 2005.
What is the lowest binding coverage, primary products recorded in Saudi Arabia?
The lowest recorded value was 0.0% in 2022.
How does Saudi Arabia rank for binding coverage, primary products?
Saudi Arabia ranks 60th out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Saudi Arabia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is falling.
Where does this Saudi Arabia 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).