Philippines - Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Philippines was 6,149,640,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 7,840,960,000,000 in 2019 and a minimum value of 182,050,000,000 in 1963.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 186,157,000,000
1961 189,523,000,000
1962 191,040,000,000
1963 182,050,000,000
1964 219,561,000,000
1965 232,751,000,000
1966 243,913,000,000
1967 299,765,000,000
1968 318,707,000,000
1969 329,582,000,000
1970 311,571,000,000
1971 309,791,000,000
1972 319,010,000,000
1973 336,237,000,000
1974 387,307,000,000
1975 410,833,000,000
1976 417,527,000,000
1977 444,668,000,000
1978 501,273,000,000
1979 582,004,000,000
1980 696,074,000,000
1981 690,567,000,000
1982 707,756,000,000
1983 688,305,000,000
1984 573,502,000,000
1985 495,091,000,000
1986 544,631,000,000
1987 696,645,000,000
1988 828,337,000,000
1989 949,959,000,000
1990 1,043,750,000,000
1991 1,034,500,000,000
1992 1,124,180,000,000
1993 1,247,240,000,000
1994 1,417,050,000,000
1995 1,630,910,000,000
1996 1,889,270,000,000
1997 2,130,720,000,000
1998 1,849,970,000,000
1999 1,881,400,000,000
2000 2,103,300,000,000
2001 2,284,440,000,000
2002 2,446,470,000,000
2003 2,576,350,000,000
2004 2,661,240,000,000
2005 2,760,430,000,000
2006 2,771,280,000,000
2007 2,764,460,000,000
2008 2,896,640,000,000
2009 2,828,650,000,000
2010 3,415,510,000,000
2011 3,383,540,000,000
2012 3,612,090,000,000
2013 3,865,170,000,000
2014 4,247,750,000,000
2015 4,885,290,000,000
2016 5,804,370,000,000
2017 6,683,450,000,000
2018 7,662,210,000,000
2019 7,840,960,000,000
2020 6,149,640,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts