Nigeria - Binding coverage, all products (%)

Binding coverage, all products (%) in Nigeria was 20.25 as of 2020. Its highest value over the past 25 years was 21.73 in 1995, while its lowest value was 19.47 in 2009.

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.

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

See also:

Year Value
1995 21.73
1996 21.72
1997 21.72
1998 21.72
1999 21.72
2000 21.72
2001 21.72
2002 21.72
2003 21.72
2005 21.10
2006 21.10
2008 21.10
2009 19.47
2010 19.47
2011 19.47
2013 19.47
2014 19.47
2015 20.08
2016 20.08
2020 20.25

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs