Philippines PH: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products

Philippines PH: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data was reported at 6.270 % in 2016. This records a decrease from the previous number of 6.330 % for 2015. Philippines PH: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data is updated yearly, averaging 5.690 % from Dec 1988 (Median) to 2016, with 27 observations. The data reached an all-time high of 23.590 % in 1988 and a record low of 1.840 % in 2003. Philippines PH: Tariff Rate: Most Favored Nation: Weighted Mean: Manufactured Products data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Trade Tariffs. Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.; ; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database and the World Trade Organization’s (WTO) Integrated Data Base (IDB) and Consolidated Tariff Schedules (CTS) database.; ;

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