Philippines - Merchandise trade (% of GDP)

Merchandise trade (% of GDP) in Philippines was 42.72 as of 2020. Its highest value over the past 60 years was 90.54 in 2003, while its lowest value was 17.82 in 1960.

Definition: Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: World Trade Organization, and World Bank GDP estimates.

See also:

Year Value
1960 17.82
1961 20.51
1962 23.57
1963 24.34
1964 25.78
1965 24.43
1966 24.83
1967 25.89
1968 24.88
1969 22.14
1970 30.12
1971 28.93
1972 27.77
1973 32.29
1974 39.70
1975 35.85
1976 33.52
1977 33.20
1978 33.17
1979 35.81
1980 38.08
1981 34.90
1982 31.37
1983 34.07
1984 32.76
1985 28.79
1986 29.62
1987 34.04
1988 36.51
1989 39.04
1990 41.82
1991 41.83
1992 41.79
1993 48.06
1994 49.13
1995 54.16
1996 57.62
1997 67.48
1998 81.77
1999 80.74
2000 89.76
2001 84.98
2002 90.50
2003 90.54
2004 90.30
2005 84.47
2006 79.50
2007 69.54
2008 60.29
2009 47.91
2010 52.77
2011 47.82
2012 44.84
2013 43.11
2014 43.97
2015 43.59
2016 46.09
2017 51.94
2018 54.39
2019 49.97
2020 42.72

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Total merchandise trade