Binding coverage, primary products in Singapore

Singapore: Binding coverage, primary products was 85.6% in 2022. ▬ Flat

Latest (2022)
85.6%
Change on year
unchanged
World rank
41st
of 158 countries
All-time high
85.9%
in 2012
All-time low
83.4%
in 1995
Years of data
28
1995–2022

Binding coverage, primary products in Singapore, 1995–2022

0204060801995200820221995: 83.4 %1996: 83.8 %1997: 83.8 %1998: 83.8 %1999: 83.8 %2000: 83.8 %2001: 83.8 %2002: 83.7 %2003: 83.7 %2004: 83.7 %2005: 83.7 %2006: 83.7 %2007: 83.7 %2008: 83.8 %2009: 83.8 %2010: 83.8 %2011: 83.8 %2012: 85.9 %2013: 85.9 %2014: 85.9 %2015: 85.9 %2016: 85.9 %2017: 85.9 %2018: 85.9 %2019: 85.6 %2020: 85.6 %2021: 85.6 %2022: 85.6 %

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

Analysis

Singapore recorded 85.6% for binding coverage, primary products in 2022.

That represents a change of down 0.3% over ten years.

Over the whole period, binding coverage, primary products in Singapore peaked at 85.9% in 2012 and was at its lowest, 83.4%, in 1995.

That places Singapore 41st out of 158 countries with data for 2022, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
1990s 83.7% 83.4% 83.8% 5
2000s 83.8% 83.7% 83.8% 10
2010s 85.4% 83.8% 85.9% 10
2020s 85.6% 85.6% 85.6% 3

Countries ranked near Singapore

  1. 38 Ecuador 93.5% compare
  2. 39 Antigua and Barbuda 89.2% compare
  3. 40 Israel 88.8% compare
  4. 42 Barbados 83.8% compare
  5. 42 Dominica 83.8% compare
  6. 42 Saint Kitts and Nevis 83.8% compare

See the full ranking of 159 places →

More private sector data for Singapore

All data for Singapore →

Frequently asked questions

What is binding coverage, primary products in Singapore?
Binding coverage, primary products in Singapore was 85.6% in 2022, according to Staff estimates, World Bank (WB).
What is the highest binding coverage, primary products recorded in Singapore?
The highest recorded value was 85.9% in 2012.
What is the lowest binding coverage, primary products recorded in Singapore?
The lowest recorded value was 83.4% in 1995.
How does Singapore rank for binding coverage, primary products?
Singapore ranks 41st out of 158 countries with data for 2022.
Is binding coverage, primary products rising or falling in Singapore?
Over the last ten years it is down 0.3%. The long-run trend across the full record is flat.
Where does this Singapore 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

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).