Philippines Trade to GDP Ratio 1981-2023

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Philippines trade to gdp ratio for 2021 was 63.50%, a 5.33% increase from 2020.
  • Philippines trade to gdp ratio for 2020 was 58.17%, a 10.67% decline from 2019.
  • Philippines trade to gdp ratio for 2019 was 68.84%, a 3.32% decline from 2018.
  • Philippines trade to gdp ratio for 2018 was 72.16%, a 3.99% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Vietnam 186.47%
Lesotho 132.23%
Cambodia 132.21%
Mongolia 119.10%
Kiribati 108.49%
Kyrgyz Republic 108.39%
Nicaragua 106.23%
Georgia 102.82%
Mauritania 100.39%
Honduras 100.38%
Timor-Leste 100.17%
Kosovo 98.64%
Republic of Congo 95.61%
Tunisia 94.35%
Micronesia 93.51%
Eswatini 90.97%
Moldova 88.61%
Zambia 85.99%
Bhutan 84.56%
El Salvador 84.37%
Cabo Verde 82.63%
Ukraine 82.62%
Morocco 74.95%
West Bank and Gaza 74.43%
Uzbekistan 63.88%
Philippines 63.50%
Solomon Islands 63.34%
Angola 60.47%
Bolivia 59.02%
Ghana 58.43%
Vanuatu 53.20%
Myanmar 53.10%
India 45.29%
Sri Lanka 41.06%
Indonesia 40.42%
Cameroon 37.07%
Egypt 31.37%
Kenya 30.67%
Bangladesh 27.72%
Pakistan 27.05%
Nigeria 22.58%
Sudan 4.13%
Philippines Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2021 63.50% 5.33%
2020 58.17% -10.67%
2019 68.84% -3.32%
2018 72.16% 3.99%
2017 68.17% 6.39%
2016 61.78% 2.63%
2015 59.14% 1.67%
2014 57.47% 1.64%
2013 55.82% -2.02%
2012 57.84% -2.95%
2011 60.80% -5.31%
2010 66.10% 5.22%
2009 60.89% -6.79%
2008 67.68% -5.96%
2007 73.65% -7.21%
2006 80.85% -3.00%
2005 83.85% -3.28%
2004 87.13% -0.45%
2003 87.57% 3.73%
2002 83.84% -1.06%
2001 84.90% -0.25%
2000 85.15% 7.99%
1999 77.16% -2.92%
1998 80.08% 2.85%
1997 77.23% 13.37%
1996 63.86% 6.52%
1995 57.33% 4.80%
1994 52.53% 2.06%
1993 50.47% 5.47%
1992 44.99% 0.77%
1991 44.22% 1.30%
1990 42.92% 1.64%
1989 41.28% 1.96%
1988 39.32% 1.97%
1987 37.36% 2.62%
1986 34.74% 1.90%
1985 32.84% -1.98%
1984 34.82% 0.51%
1983 34.31% 2.13%
1982 32.18% -3.09%
1981 35.27% -3.09%