{"entity":{"iso2":"PH","iso3":"PHL","name":"Philippines","slug":"philippines"},"indicator":{"licence":"CC BY 4.0 (World Bank Open Data)","slug":"tariff-rate-most-favored-nation-weighted-mean-all-products-percent","source":"Staff estimates","source_url":"https://data.worldbank.org/indicator/TM.TAX.MRCH.WM.FN.ZS","title":"Tariff rate, most favored nation, weighted mean, all products (%)","unit":"%"},"observations":[{"date":"1988-01-01","value":22.5},{"date":"1989-01-01","value":22.51},{"date":"1990-01-01","value":14.79},{"date":"1992-01-01","value":14.72},{"date":"1993-01-01","value":15.56},{"date":"1994-01-01","value":15.22},{"date":"1995-01-01","value":14.65},{"date":"1996-01-01","value":8.53},{"date":"1997-01-01","value":7.56},{"date":"1998-01-01","value":6.37},{"date":"1999-01-01","value":6.09},{"date":"2000-01-01","value":3.77},{"date":"2001-01-01","value":3.47},{"date":"2002-01-01","value":2.62},{"date":"2003-01-01","value":2.44},{"date":"2004-01-01","value":3.49},{"date":"2005-01-01","value":3.77},{"date":"2006-01-01","value":3.72},{"date":"2007-01-01","value":3.46},{"date":"2008-01-01","value":6.04},{"date":"2009-01-01","value":6.11},{"date":"2010-01-01","value":6.09},{"date":"2011-01-01","value":5.67},{"date":"2012-01-01","value":5.63},{"date":"2013-01-01","value":5.73},{"date":"2015-01-01","value":5.72},{"date":"2016-01-01","value":5.69},{"date":"2017-01-01","value":5.72},{"date":"2018-01-01","value":7.12},{"date":"2019-01-01","value":5.95},{"date":"2020-01-01","value":5.98},{"date":"2021-01-01","value":5.75},{"date":"2022-01-01","value":6.05}],"summary":{"latest_period":"2022-01-01","latest_value":6.05,"max":22.51,"mean":7.83303,"min":2.44,"of":184,"rank":104,"trend":"volatile"}}