Least developed countries vs Philippines: Merchandise imports by the reporting economy

Least developed countries
324.22 billion current US$
in 2023
Philippines
126.11 billion current US$
in 2023
Least developed countries rank
36th
Philippines rank
35th

Merchandise imports by the reporting economy over time

  • Least developed countries
  • Philippines
0100.0B200.0B300.0B196019912023

How they compare

Least developed countries currently reports 324.22 billion current US$ against 126.11 billion current US$ in Philippines, a difference of 198.12 billion current US$.

That makes Least developed countries's figure about 2.6 times Philippines's.

The two have swapped places 2 times across 64 shared years of data; in 1960 it was Least developed countries ahead.

Least developed countries ranks 36th and Philippines ranks 35th of 45 groups.

Least developed countries has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Least developed countries Philippines Difference Ahead
1960s 2.34 billion current US$ 891.90 million current US$ 1.45 billion current US$ Least developed countries
1970s 7.21 billion current US$ 3.25 billion current US$ 3.96 billion current US$ Least developed countries
1980s 15.54 billion current US$ 7.57 billion current US$ 7.97 billion current US$ Least developed countries
1990s 33.54 billion current US$ 23.43 billion current US$ 10.10 billion current US$ Least developed countries
2000s 81.21 billion current US$ 44.44 billion current US$ 36.77 billion current US$ Least developed countries
2010s 223.11 billion current US$ 81.12 billion current US$ 141.99 billion current US$ Least developed countries
2020s 297.77 billion current US$ 120.81 billion current US$ 176.95 billion current US$ Least developed countries

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy, Least developed countries or Philippines?
Least developed countries, at 324.22 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 Least developed countries and Philippines?
198.12 billion current US$, with Least developed countries ahead.
How many years of comparable data are there for Least developed countries and Philippines?
64 years are reported by both, from 1960 to 2023.
How do Least developed countries and Philippines rank globally for merchandise imports by the reporting economy?
Least developed countries ranks 36th and Philippines ranks 35th of 45 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Least developed countries vs Philippines: Merchandise imports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 27 August 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-current-us/least-developed-countries-un-classification/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.