Philippines Trade to GDP Ratio 1981-2024
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 2023 was 67.40%, a 5.03% decline from 2022.
- Philippines trade to gdp ratio for 2022 was 72.43%, a 8.95% increase from 2021.
- Philippines trade to gdp ratio for 2021 was 63.48%, a 5.32% increase from 2020.
- Philippines trade to gdp ratio for 2020 was 58.17%, a 10.67% decline from 2019.
Philippines Trade to GDP Ratio - Historical Data |
Year |
Trade (% of GDP) |
Annual Change |
2023 |
67.40% |
-5.03% |
2022 |
72.43% |
8.95% |
2021 |
63.48% |
5.32% |
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% |