Philippines Tariff rate, applied, weighted mean, all products (%)

Data:	Tariff rate, applied, weighted mean, all products (%)
Year:	1960 - 2013
Country:	Philippines
Source:	World Bank (the information in this section is direct quotation from World Bank development data)
Series Code:	TM.TAX.MRCH.WM.AR.ZS
Topic:	Private Sector & Trade: Tariffs
Short Definition:	Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country.
Long Definition:	Weighted mean applied tariff is the average of effectively applied 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. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead.
Unit of Measurement:	0
Periodicity:	Annual
Base Period:	0
Reference Period:	0
Aggregation method:	0
Limitations and exceptions:	0
Notes from original source:	0
General Comments:	0
Original Source:	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.
Statistical concept and methodology:	0
Development relevance:	0

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