Heavily indebted poor countries (HIPC) vs Philippines: Merchandise imports by the reporting economy

Heavily indebted poor countries (HIPC)
265.39 billion current US$
in 2023
Philippines
126.11 billion current US$
in 2023
Heavily indebted poor countries (HIPC) rank
40th
Philippines rank
35th

Merchandise imports by the reporting economy over time

  • Heavily indebted poor countries (HIPC)
  • Philippines
0100.0B200.0B300.0B196019912023

How they compare

Heavily indebted poor countries (HIPC) currently reports 265.39 billion current US$ against 126.11 billion current US$ in Philippines, a difference of 139.28 billion current US$.

That makes Heavily indebted poor countries (HIPC)'s figure about 2.1 times Philippines's.

The two have swapped places 4 times across 64 shared years of data; in 1960 it was Heavily indebted poor countries (HIPC) ahead.

Heavily indebted poor countries (HIPC) ranks 40th and Philippines ranks 35th of 47 groups.

Heavily indebted poor countries (HIPC) has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Heavily indebted poor countries (HIPC) Philippines Difference Ahead
1960s 3.03 billion current US$ 891.90 million current US$ 2.14 billion current US$ Heavily indebted poor countries (HIPC)
1970s 9.90 billion current US$ 3.25 billion current US$ 6.65 billion current US$ Heavily indebted poor countries (HIPC)
1980s 18.22 billion current US$ 7.57 billion current US$ 10.65 billion current US$ Heavily indebted poor countries (HIPC)
1990s 31.34 billion current US$ 23.43 billion current US$ 7.91 billion current US$ Heavily indebted poor countries (HIPC)
2000s 67.56 billion current US$ 44.44 billion current US$ 23.12 billion current US$ Heavily indebted poor countries (HIPC)
2010s 172.25 billion current US$ 81.12 billion current US$ 91.12 billion current US$ Heavily indebted poor countries (HIPC)
2020s 226.16 billion current US$ 120.81 billion current US$ 105.35 billion current US$ Heavily indebted poor countries (HIPC)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy, Heavily indebted poor countries (HIPC) or Philippines?
Heavily indebted poor countries (HIPC), at 265.39 billion current US$ against 126.11 billion current US$ in Philippines as of 2023.
What is the difference in merchandise imports by the reporting economy between Heavily indebted poor countries (HIPC) and Philippines?
139.28 billion current US$, with Heavily indebted poor countries (HIPC) ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Philippines?
64 years are reported by both, from 1960 to 2023.
How do Heavily indebted poor countries (HIPC) and Philippines rank globally for merchandise imports by the reporting economy?
Heavily indebted poor countries (HIPC) ranks 40th and Philippines ranks 35th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Heavily indebted poor countries (HIPC) vs Philippines: Merchandise imports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 04 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us/heavily-indebted-poor-countries-hipc/philippines/

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.