Merchandise trade (% of GDP) — all countries

Merchandise trade (% of GDP) — Philippines

Merchandise trade (% of GDP) in the Philippines in 2025 — 46.18%. Ranked 115 in the world out of 189. Since 1960, the indicator has risen by 28.36 pp.

2025 46.18% +1.15 pp vs 2024
World rank 115of 189
Period maximum 90.54%2003
Period minimum 17.82%1960

Trend over time

1960–2025 · % of GDP

Merchandise trade (% of GDP) — Philippines, 1960–2025025507510019601967197419811988199520022009201620231960: 17.82%1962: 23.57%1964: 25.78%1966: 24.83%1968: 24.88%1970: 30.12%1972: 27.77%1974: 39.7%1976: 33.52%1978: 33.17%1980: 38.08%1982: 31.37%1984: 32.76%1986: 29.62%1988: 36.51%1990: 41.82%1992: 41.79%1994: 49.13%1996: 57.62%1998: 81.77%2000: 89.76%2002: 90.5%2004: 90.3%2006: 79.5%2008: 60.29%2010: 52.77%2012: 45.03%2014: 43.97%2016: 44.64%2018: 52.65%2020: 42.74%2022: 55.59%2024: 45.02%2025: 46.18%
Change over the period: +28.36 pp Annual average: 0.44 pp

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Philippines

Philippines 46.18%
World 43.89%
South-Eastern Asia computed 100.39%
Merchandise trade (% of GDP) — Philippines, by year Philippines All countries CSV XLSX
Year % Change, pp
2025 46.18 +1.15 pp
2024 45.02 −2.41 pp
2023 47.44 −8.16 pp
2022 55.59 +5.1 pp
2021 50.49 +7.75 pp
2020 42.74 −5.88 pp
2019 48.63 −4.02 pp
2018 52.65 +0.71 pp
2017 51.94 +7.3 pp
2016 44.64 +1.05 pp
2015 43.59 −0.38 pp
2014 43.97 +0.84 pp
2013 43.13 −1.9 pp
2012 45.03 −2.96 pp
2011 47.99 −4.78 pp
2010 52.77 +4.86 pp
2009 47.91 −12.38 pp
2008 60.29 −9.25 pp
2007 69.54 −9.97 pp
2006 79.5 −4.97 pp
2005 84.47 −5.82 pp
2004 90.3 −0.25 pp
2003 90.54 +0.04 pp
2002 90.5 +5.52 pp
2001 84.98 −4.78 pp
2000 89.76 +9.03 pp
1999 80.74 −1.03 pp
1998 81.77 +14.29 pp
1997 67.48 +9.86 pp
1996 57.62 +3.46 pp
1995 54.16 +5.03 pp
1994 49.13 +1.07 pp
1993 48.06 +6.28 pp
1992 41.79 −0.05 pp
1991 41.83 +0.02 pp
1990 41.82 +2.78 pp
1989 39.04 +2.53 pp
1988 36.51 +2.47 pp
1987 34.04 +4.42 pp
1986 29.62 +0.83 pp
1985 28.79 −3.97 pp
1984 32.76 −1.31 pp
1983 34.07 +2.7 pp
1982 31.37 −3.52 pp
1981 34.9 −3.18 pp
1980 38.08 +2.27 pp
1979 35.81 +2.64 pp
1978 33.17 −0.03 pp
1977 33.2 −0.33 pp
1976 33.52 −2.33 pp
1975 35.85 −3.85 pp
1974 39.7 +7.41 pp
1973 32.29 +4.52 pp
1972 27.77 −1.16 pp
1971 28.93 −1.19 pp
1970 30.12 +7.98 pp
1969 22.14 −2.74 pp
1968 24.88 −1.01 pp
1967 25.89 +1.06 pp
1966 24.83 +0.4 pp
1965 24.43 −1.35 pp
1964 25.78 +1.44 pp
1963 24.34 +0.77 pp
1962 23.57 +3.06 pp
1961 20.51 +2.7 pp
1960 17.82

About the indicator

The sum of exports and imports of goods as a percent of GDP. It differs from trade openness in that services are not counted here, and the difference between the two indicators is exactly what shows the weight of services in a country's foreign trade. The highest values come not from large exporters but from transshipment economies — Singapore, Hong Kong, Luxembourg — where goods are brought in to be sent out again, and both flows are counted in full.

Important: Goods only. The value can exceed 100% of GDP: exports and imports are counted at the full value of the goods while GDP is counted as value added, so in transshipment economies the values run to several hundred percent.

Source: World Development Indicators (World Bank), license CC BY 4.0.