Philippines's trade (% of GDP) was 66.79% in 2025, the latest year in the World Bank's World Development Indicators. That is up 7.65 percentage points from 59.14% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 66.79% | 2025 |
| Five years earlier | 58.17% | 2020 |
| Ten years earlier | 59.14% | 2015 |
| Highest | 87.57% | 2003 |
| Lowest | 32.18% | 1982 |
| Average since 2016 | 66.51% | 2016–2025 |
| First recorded | 35.27% | 1981 |
What the numbers say
In 2025, Philippines' trade (% of GDP) rose 0.93 percentage points on 2024 (from 65.86% to 66.79%).
Across the 30 yearly changes before that (1995 to 2024), the average change was +0.44 percentage points and a typical year strayed about 5.53 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above 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 13.37 percentage points in 1997 and the biggest yearly fall was 10.67 percentage points 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 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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 84th highest value of the 137 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.
| Value | Year | |
|---|---|---|
| Philippines | 66.79% | 2025 |
| World | 68.49% | 2025 |
| East Asia & Pacific | 63.84% | 2025 |
| Upper middle income | 48.9% | 2025 |
Closest to Philippines in the 2025 ranking
What this measures
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 45 values
| Year | Trade (% of GDP) |
|---|---|
| 2025 | 66.79 |
| 2024 | 65.86 |
| 2023 | 67.42 |
| 2022 | 72.43 |
| 2021 | 63.48 |
| 2020 | 58.17 |
| 2019 | 68.84 |
| 2018 | 72.16 |
| 2017 | 68.17 |
| 2016 | 61.78 |
| 2015 | 59.14 |
Trade (% of GDP) in nearby economies
- American Samoa — 124.68% (2022)
- Australia — 45.9% (2025)
- Brunei Darussalam — 123.61% (2025)
- Cambodia — 136.09% (2025)
- China — 37.96% (2025)
- Fiji — 118.96% (2024)
- French Polynesia — 64.47% (2024)
- Guam — 71.87% (2022)
- Hong Kong SAR, China — 396.65% (2025)
- Indonesia — 43.39% (2025)
- Japan — 44.85% (2024)
- Kiribati — 102.11% (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
Questions people ask
- What is Philippines's trade (% of GDP)?
- 66.79% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1981?
- It is up 31.52 percentage points from 35.27% in 1981. The highest value was 87.57% in 2003 and the lowest 32.18% in 1982.
- How does Philippines rank?
- 84th highest of 137 economies with data for 2025.
- Is the latest change in trade (% of GDP) unusual for Philippines?
- In 2025, Philippines' trade (% of GDP) rose 0.93 percentage points on 2024 (from 65.86% to 66.79%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.44 percentage points and a typical year strayed about 5.53 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above 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.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); 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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