Philippines - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in Philippines was 23.61 as of 2020. Its highest value over the past 25 years was 23.71 in 2007, while its lowest value was 23.56 in 2013.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

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

See also:

Year Value
1995 23.68
1996 23.65
1997 23.65
1998 23.65
1999 23.65
2000 23.65
2001 23.65
2002 23.65
2003 23.65
2004 23.71
2005 23.71
2006 23.71
2007 23.71
2008 23.63
2009 23.63
2010 23.63
2011 23.63
2012 23.63
2013 23.56
2015 23.56
2016 23.56
2017 23.56
2018 23.61
2019 23.61
2020 23.61

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in Philippines was 25.84 as of 2020. Its highest value over the past 25 years was 25.84 in 2020, while its lowest value was 25.55 in 1995.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. 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 25.55
1996 25.55
1997 25.55
1998 25.55
1999 25.55
2000 25.55
2001 25.55
2002 25.55
2003 25.55
2004 25.57
2005 25.57
2006 25.57
2007 25.57
2008 25.56
2009 25.56
2010 25.56
2011 25.56
2012 25.56
2013 25.78
2015 25.78
2016 25.78
2017 25.78
2018 25.84
2019 25.84
2020 25.84

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in Philippines was 31.83 as of 2020. Its highest value over the past 25 years was 31.83 in 2020, while its lowest value was 31.04 in 1995.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. 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
1995 31.04
1996 31.26
1997 31.26
1998 31.26
1999 31.26
2000 31.26
2001 31.26
2002 31.26
2003 31.26
2004 31.13
2005 31.13
2006 31.13
2007 31.13
2008 31.24
2009 31.24
2010 31.24
2011 31.24
2012 31.24
2013 31.73
2015 31.73
2016 31.73
2017 31.73
2018 31.83
2019 31.83
2020 31.83

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs