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.
Binding coverage, manufactured products in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 63.3% | — |
| 1996 | 63.3% | +0.0% |
| 1997 | 63.3% | +0.0% |
| 1998 | 63.3% | +0.0% |
| 1999 | 63.3% | -0.0% |
| 2000 | 63.3% | +0.0% |
| 2001 | 63.3% | +0.0% |
| 2002 | 63.3% | +0.0% |
| 2003 | 63.3% | +0.0% |
| 2004 | 60.7% | -4.1% |
| 2005 | 60.7% | +0.0% |
| 2006 | 60.7% | +0.0% |
| 2007 | 60.7% | +0.0% |
| 2008 | 60.9% | +0.3% |
| 2009 | 60.9% | +0.0% |
| 2010 | 60.9% | +0.0% |
| 2011 | 60.9% | +0.0% |
| 2012 | 60.9% | +0.0% |
| 2013 | 61.1% | +0.3% |
| 2015 | 61.1% | +0.0% |
| 2016 | 61.1% | +0.0% |
| 2017 | 61.1% | +0.0% |
| 2018 | 61.4% | +0.5% |
| 2019 | 61.4% | +0.0% |
| 2020 | 61.4% | +0.0% |
| 2021 | 61.4% | +0.0% |
| 2022 | 61.4% | +0.0% |
Philippines compared with similar countries
- Philippines's 61.4% is above the median for upper middle income countries, which is 29.1%, 2.1× the median. (45 countries reporting)
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 trade 46.2% (2025)
- Food imports 15.0% (2024)
- Manufactures imports 65.2% (2024)
- Merchandise imports 141.20 billion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 77.2% (2024)
- Merchandise exports 83.72 billion current US$ (2025)
- Merchandise exports (current US$), per capita 716.89 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1719 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 14.71 % change on previous year (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.