Binding coverage, manufactured products in Philippines
Philippines: Binding coverage, manufactured products was 61.4% in 2022. ▬ Flat
Binding coverage, manufactured products in Philippines, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for binding coverage, manufactured products in Philippines is 61.4%, measured in 2022.
That represents a change of up 0.8% over ten years.
Over the whole period, binding coverage, manufactured products in Philippines peaked at 63.3% in 1996 and was at its lowest, 60.7%, in 2004.
Philippines ranks 47th of 158 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 63.3% | 63.3% | 63.3% | 5 |
| 2000s | 61.8% | 60.7% | 63.3% | 10 |
| 2010s | 61.1% | 60.9% | 61.4% | 9 |
| 2020s | 61.4% | 61.4% | 61.4% | 3 |
Countries ranked near Philippines
More private sector data for Philippines
- Merchandise exports 83.72 billion current US$ (2025)
- Manufactures exports 77.2% (2024)
- Food exports 10.4% (2024)
- Merchandise imports 141.20 billion current US$ (2025)
- Manufactures imports 65.2% (2024)
- Food imports 15.0% (2024)
- Merchandise trade 46.2% (2025)
- Commercial service exports 51.45 billion current US$ (2025)
- Transport services 19.5% (2025)
- Computer, communications and other services 29.8% (2025)
Frequently asked questions
- What is binding coverage, manufactured products in Philippines?
- Binding coverage, manufactured products in Philippines was 61.4% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest binding coverage, manufactured products recorded in Philippines?
- The highest recorded value was 63.3% in 1996.
- What is the lowest binding coverage, manufactured products recorded in Philippines?
- The lowest recorded value was 60.7% in 2004.
- How does Philippines rank for binding coverage, manufactured products?
- Philippines ranks 47th out of 158 countries with data for 2022.
- Is binding coverage, manufactured products rising or falling in Philippines?
- Over the last ten years it is up 0.8%. The long-run trend across the full record is flat.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Binding coverage, manufactured products (%). Statizoid updates them automatically from the source API.
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About this data
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.