Panama vs Philippines: Bound rate, simple mean, manufactured products
Bound rate, simple mean, manufactured products over time
- Panama
- Philippines
How they compare
Philippines currently reports 23.6% against 21.8% in Panama, a difference of 1.8%.
That makes Philippines's figure about 1.1 times Panama's.
Across all 20 years both countries report, Philippines has been ahead every year.
Panama ranks 73rd and Philippines ranks 72nd of 157 countries.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Panama | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 21.7% | 23.6% | 1.9% | Philippines |
| 2000s | 21.7% | 23.7% | 2.0% | Philippines |
| 2010s | 21.8% | 23.6% | 1.8% | Philippines |
| 2020s | 21.8% | 23.6% | 1.8% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, manufactured products, Panama or Philippines?
- Philippines, at 23.6% against 21.8% in Panama as of 2022.
- What is the difference in bound rate, simple mean, manufactured products between Panama and Philippines?
- 1.8%, with Philippines ahead.
- How many years of comparable data are there for Panama and Philippines?
- 20 years are reported by both, from 1997 to 2021.
- How do Panama and Philippines rank globally for bound rate, simple mean, manufactured products?
- Panama ranks 73rd and Philippines ranks 72nd of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, manufactured products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.