Merchandise exports by the reporting economy (current US$), annual in Philippines

Philippines: Merchandise exports by the reporting economy (current US$), annual was -9.68 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-9.68 % change on previous year
Change on year
down 218.0%
World rank
144th
of 206 countries
All-time high
75.65 % change on previous year
in 1973
All-time low
-20.59 % change on previous year
in 2009
Years of data
63
1961–2023

Merchandise exports by the reporting economy (current US$), annual in Philippines, 1961–2023

-20020406080196119922023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Philippines recorded -9.68 % change on previous year for merchandise exports by the reporting economy (current us$), annual in 2023.

The figure is down 218.0% on the previous year and down 353.3% over ten years.

Over the whole period, merchandise exports by the reporting economy (current us$), annual in Philippines peaked at 75.65 % change on previous year in 1973 and was at its lowest, -20.59 % change on previous year, in 2009.

That places Philippines 144th out of 206 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise exports by the reporting economy (current US$), annual in Philippines, year by year

Annual values for Merchandise exports by the reporting economy (current US$), annual growth rate in Philippines, 1961 to 2023.
Year % change on previous year Change
1961 -8.36 % change on previous year
1962 14.23 % change on previous year -270.2%
1963 31.47 % change on previous year +121.2%
1964 1.58 % change on previous year -95.0%
1965 4 % change on previous year +153.0%
1966 9.7 % change on previous year +142.5%
1967 -3.3 % change on previous year -134.0%
1968 4.34 % change on previous year -231.5%
1969 -2.89 % change on previous year -166.6%
1970 26.11 % change on previous year -1002.3%
1971 8.08 % change on previous year -69.1%
1972 -4.74 % change on previous year -158.7%
1973 75.65 % change on previous year -1695.9%
1974 41.46 % change on previous year -45.2%
1975 -14.89 % change on previous year -135.9%
1976 9.29 % change on previous year -162.4%
1977 20.84 % change on previous year +124.3%
1978 12.84 % change on previous year -38.4%
1979 33.77 % change on previous year +163.1%
1980 23.85 % change on previous year -29.4%
1981 -0.5356 % change on previous year -102.2%
1982 -13.82 % change on previous year +2479.6%
1983 -0.0904 % change on previous year -99.3%
1984 8.52 % change on previous year -9528.8%
1985 -13.11 % change on previous year -253.8%
1986 5 % change on previous year -138.1%
1987 19.69 % change on previous year +294.1%
1988 23.54 % change on previous year +19.6%
1989 9.96 % change on previous year -57.7%
1990 5.32 % change on previous year -46.6%
1991 8.19 % change on previous year +54.0%
1992 11.34 % change on previous year +38.4%
1993 14.78 % change on previous year +30.4%
1994 19.28 % change on previous year +30.5%
1995 29.56 % change on previous year +53.3%
1996 14.05 % change on previous year -52.5%
1997 28.31 % change on previous year +101.4%
1998 16.97 % change on previous year -40.1%
1999 18.79 % change on previous year +10.8%
2000 8.69 % change on previous year -53.7%
2001 -15.61 % change on previous year -279.5%
2002 9.53 % change on previous year -161.0%
2003 2.94 % change on previous year -69.2%
2004 9.51 % change on previous year +223.9%
2005 3.89 % change on previous year -59.1%
2006 13.99 % change on previous year +259.8%
2007 7.37 % change on previous year -47.3%
2008 -2.84 % change on previous year -138.5%
2009 -20.59 % change on previous year +625.0%
2010 31.61 % change on previous year -253.5%
2011 -6.48 % change on previous year -120.5%
2012 8.53 % change on previous year -231.6%
2013 3.82 % change on previous year -55.2%
2014 13.98 % change on previous year +265.9%
2015 -5.09 % change on previous year -136.4%
2016 -3.56 % change on previous year -30.0%
2017 12.09 % change on previous year -439.3%
2018 6.85 % change on previous year -43.3%
2019 5.18 % change on previous year -24.4%
2020 -10.39 % change on previous year -300.5%
2021 17.4 % change on previous year -267.4%
2022 8.2 % change on previous year -52.9%
2023 -9.68 % change on previous year -218.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.64 % change on previous year -8.36 % change on previous year 31.47 % change on previous year 9
1970s 20.84 % change on previous year -14.89 % change on previous year 75.65 % change on previous year 10
1980s 6.3 % change on previous year -13.82 % change on previous year 23.85 % change on previous year 10
1990s 16.66 % change on previous year 5.32 % change on previous year 29.56 % change on previous year 10
2000s 1.69 % change on previous year -20.59 % change on previous year 13.99 % change on previous year 10
2010s 6.69 % change on previous year -6.48 % change on previous year 31.61 % change on previous year 10
2020s 1.38 % change on previous year -10.39 % change on previous year 17.4 % change on previous year 4

Countries ranked near Philippines

  1. 141 Sri Lanka -9.37 % change on previous year compare
  2. 142 Belgium -9.38 % change on previous year compare
  3. 143 Guatemala -9.52 % change on previous year compare
  4. 145 Australia -9.81 % change on previous year compare
  5. 146 Congo -9.99 % change on previous year compare
  6. 147 Zambia -10.19 % change on previous year compare

See the full ranking of 253 places →

More private sector data for Philippines

All data for Philippines →

Frequently asked questions

What is merchandise exports by the reporting economy (current us$), annual in Philippines?
Merchandise exports by the reporting economy (current us$), annual in Philippines was -9.68 % change on previous year in 2023, according to Statizoid (derived).
What is the highest merchandise exports by the reporting economy (current us$), annual recorded in Philippines?
The highest recorded value was 75.65 % change on previous year in 1973.
What is the lowest merchandise exports by the reporting economy (current us$), annual recorded in Philippines?
The lowest recorded value was -20.59 % change on previous year in 2009.
How does Philippines rank for merchandise exports by the reporting economy (current us$), annual?
Philippines ranks 144th out of 206 countries with data for 2023.
Is merchandise exports by the reporting economy (current us$), annual rising or falling in Philippines?
Over the last ten years it is down 353.3%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Merchandise exports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.

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Merchandise exports by the reporting economy (current US$), annual in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 01 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/philippines/

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<a href="https://private-sector.statizoid.com/stat/merchandise-exports-by-the-reporting-economy-current-us-annual-growth-rate/philippines/">Merchandise exports by the reporting economy (current US$), annual in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Merchandise exports by the reporting economy (current US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
253 places, 13,157 data points, 1961–2023
Last refreshed

The year-on-year percentage change in Merchandise exports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.