Bound rate, simple mean, primary products in Philippines
Philippines: Bound rate, simple mean, primary products was 31.8% in 2022. ▬ Flat
Bound rate, simple mean, primary products in Philippines, 1995–2022
Source: Staff estimates, World Bank (WB). Measured in %.
Analysis
The most recent figure for bound rate, simple mean, primary products in Philippines is 31.8%, measured in 2022. That is the highest value across all 27 years on record.
The figure is up 1.9% over ten years.
Over the whole period, bound rate, simple mean, primary products in Philippines peaked at 31.8% in 2018 and was at its lowest, 31.0%, in 1995.
That places Philippines 76th 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 | 31.2% | 31.0% | 31.3% | 5 |
| 2000s | 31.2% | 31.1% | 31.3% | 10 |
| 2010s | 31.6% | 31.2% | 31.8% | 9 |
| 2020s | 31.8% | 31.8% | 31.8% | 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)
- 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, primary products in Philippines?
- Bound rate, simple mean, primary products in Philippines was 31.8% in 2022, according to Staff estimates, World Bank (WB).
- What is the highest bound rate, simple mean, primary products recorded in Philippines?
- The highest recorded value was 31.8% in 2018.
- What is the lowest bound rate, simple mean, primary products recorded in Philippines?
- The lowest recorded value was 31.0% in 1995.
- How does Philippines rank for bound rate, simple mean, primary products?
- Philippines ranks 76th out of 157 countries with data for 2022.
- Is bound rate, simple mean, primary products rising or falling in Philippines?
- Over the last ten years it is up 1.9%. 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, primary 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).