Philippines - Trade in services

Trade in services (% of GDP)

Trade in services (% of GDP) in Philippines was 13.77 as of 2020. Its highest value over the past 43 years was 31.09 in 1997, while its lowest value was 7.13 in 1977.

Definition: Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1977 7.13
1978 7.81
1979 7.23
1980 7.83
1981 8.45
1982 8.59
1983 9.38
1984 7.94
1985 8.87
1986 10.90
1987 9.26
1988 8.62
1989 9.87
1990 9.91
1991 10.54
1992 11.67
1993 12.51
1994 15.61
1995 19.23
1996 23.64
1997 31.09
1998 23.61
1999 12.05
2000 12.99
2001 13.09
2002 13.12
2003 12.72
2004 13.27
2005 14.03
2006 13.83
2007 13.49
2008 13.29
2009 13.22
2010 14.30
2011 13.32
2012 13.25
2013 13.97
2014 15.60
2015 17.19
2016 17.38
2017 18.56
2018 18.79
2019 18.44
2020 13.77

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments