Philippines - Binding coverage, primary products (%)
Binding coverage, primary products (%) in Philippines was 65.65 as of 2020. Its highest value over the past 25 years was 72.54 in 1995, while its lowest value was 65.24 in 2015.
Definition: 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. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.
See also:
| Year | Value |
|---|---|
| 1995 | 72.54 |
| 1996 | 72.25 |
| 1997 | 72.25 |
| 1998 | 72.25 |
| 1999 | 72.25 |
| 2000 | 72.25 |
| 2001 | 72.25 |
| 2002 | 72.25 |
| 2003 | 72.25 |
| 2004 | 68.87 |
| 2005 | 68.87 |
| 2006 | 68.87 |
| 2007 | 68.81 |
| 2008 | 68.57 |
| 2009 | 68.57 |
| 2010 | 68.57 |
| 2011 | 68.57 |
| 2012 | 68.57 |
| 2013 | 65.29 |
| 2015 | 65.24 |
| 2016 | 65.24 |
| 2017 | 65.24 |
| 2018 | 65.70 |
| 2019 | 65.65 |
| 2020 | 65.65 |
Periodicity: Annual
Classification
Topic: Private Sector & Trade Indicators
Sub-Topic: Tariffs
