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 2022 was 72.42%, a 8.93% 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 for 2019 was 68.84%, a 3.32% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Cambodia 162.41%
Mongolia 144.95%
Mauritania 124.17%
Georgia 115.92%
Nicaragua 115.18%
Republic of Congo 111.63%
Moldova 110.89%
Kosovo 109.28%
Tunisia 107.40%
Honduras 105.92%
Micronesia 101.36%
Morocco 98.65%
Cabo Verde 95.50%
Ukraine 87.71%
El Salvador 86.80%
West Bank and Gaza 85.90%
Solomon Islands 73.73%
Philippines 72.42%
Myanmar 72.37%
Uzbekistan 71.58%
Vanuatu 69.67%
Zambia 65.59%
Ghana 52.55%
India 49.37%
Sri Lanka 46.52%
Indonesia 45.39%
Cameroon 39.91%
Egypt 36.98%
Bangladesh 33.78%
Kenya 33.73%
Pakistan 32.32%
Sudan 2.70%
Philippines Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 72.42% 8.93%
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%