Bound rate, simple mean, all products in Philippines
Philippines: Bound rate, simple mean, all products was 25.8% in 2022. ▬ Flat
Bound rate, simple mean, all products in Philippines, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, all products in Philippines is 25.8%, measured in 2022. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 1.1% over ten years.
Over the whole period, bound rate, simple mean, all products in Philippines peaked at 25.8% in 2018 and was at its lowest, 25.6%, in 1995.
That places Philippines 75th out of 157 countries with data for 2022, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 25.6% | 25.6% | 25.6% | 5 |
| 2000s | 25.6% | 25.6% | 25.6% | 10 |
| 2010s | 25.7% | 25.6% | 25.8% | 9 |
| 2020s | 25.8% | 25.8% | 25.8% | 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 bound rate, simple mean, all products in Philippines?
- Bound rate, simple mean, all products in Philippines was 25.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, all products recorded in Philippines?
- The highest recorded value was 25.8% in 2018.
- What is the lowest bound rate, simple mean, all products recorded in Philippines?
- The lowest recorded value was 25.6% in 1995.
- How does Philippines rank for bound rate, simple mean, all products?
- Philippines ranks 75th out of 157 countries with data for 2022.
- Is bound rate, simple mean, all products rising or falling in Philippines?
- Over the last ten years it is up 1.1%. 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 Bound rate, simple mean, all products (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
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.