Nepal vs Philippines: Bound rate, simple mean, primary products

Nepal
32.9%
in 2021
Philippines
31.8%
in 2022
Nepal rank
75th
Philippines rank
76th

Bound rate, simple mean, primary products over time

  • Nepal
  • Philippines
0102030199520082022

How they compare

Nepal currently reports 32.9% against 31.8% in Philippines, a difference of 1.1%.

Across all 16 years both countries report, Nepal has been ahead every year.

Globally, Nepal ranks 75th and Philippines ranks 76th of 157 countries.

Individual pages

About this data

Indicator
Bound rate, simple mean, primary products (%)
Unit
%
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
158 places, 3,133 data points, 1995–2022
Last refreshed

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).