Lao PDR - Binding coverage, primary products (%)

Binding coverage, primary products (%) in Lao PDR was 99.92 as of 2020. Its highest value over the past 6 years was 100.00 in 2018, while its lowest value was 99.92 in 2019.

Definition: 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).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2014 100.00
2015 100.00
2016 100.00
2017 100.00
2018 100.00
2019 99.92
2020 99.92

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs