Philippines: Imports of goods and services (constant 2015 US$)

Key figures

What the numbers say

In 2025, Philippines' imports of goods and services (constant 2015 US$) rose 5% on 2024 (from US$166.96 billion to US$175.38 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +6.5% and a typical year strayed about 9.1% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 27.9% in 1987 and the biggest yearly fall was 21.6% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about US$4.95 billion a year. A straight line explains 60% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Philippines had the 30th highest value of the 128 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Philippines in the 2025 ranking

• Austria — 26th of 128: US$231.87 billion
• Denmark — 27th of 128: US$209.16 billion
• Czechia — 28th of 128: US$187.1 billion
• Norway — 30th of 128: US$152.96 billion
• Romania — 31st of 128: US$147.35 billion
• Egypt, Arab Rep. — 32nd of 128: US$144.72 billion

What this measures

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 66 values

Imports of goods and services (constant 2015 US$) in nearby economies

• American Samoa — US$527.74 million (2022)
• Australia — US$397.62 billion (2025)
• Brunei Darussalam — US$6.96 billion (2025)
• Cambodia — US$28.59 billion (2025)
• Guam — US$3.63 billion (2022)
• Hong Kong SAR, China — US$649.57 billion (2025)
• Indonesia — US$260.07 billion (2025)
• Japan — US$907.55 billion (2024)
• Kiribati — US$305.83 million (2024)

More economic policy & debt data for Philippines

• Total reserves, including gold (current US$) — US$110.93 billion (2025)
• Total reserves, excluding gold (current US$) — US$92.26 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$70.26 billion (2025)
• General government final consumption expenditure (constant LCU) — 3.5 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$) — US$339.25 billion (2025)
• Households and NPISHs final consumption expenditure (constant LCU) — 16.86 trillion (2025)
• Households and NPISHs final consumption expenditure per capita (constant 2015 US$) — US$2,905 (2025)
• Final consumption expenditure (constant 2015 US$)

Reading data like this

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Questions people ask

What is Philippines's imports of goods and services (constant 2015 US$)?

US$175.38 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 4,603% from US$3.73 billion in 1960 (6.1% a year on average, compounded). The highest value was US$175.38 billion in 2025 and the lowest US$3.65 billion in 1963.

How does Philippines rank?

30th highest of 128 economies with data for 2025.

Is the latest change in imports of goods and services (constant 2015 US$) unusual for Philippines?

In 2025, Philippines' imports of goods and services (constant 2015 US$) rose 5% on 2024 (from US$166.96 billion to US$175.38 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +6.5% and a typical year strayed about 9.1% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.IMP.GNFS.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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