Merchandise exports by the reporting economy (current US$), per unit in Philippines
Philippines: Merchandise exports by the reporting economy (current US$), per unit was 0.1668 current US$ per US$ of GDP in 2023. ▲ Rising
Merchandise exports by the reporting economy (current US$), per unit in Philippines, 1960–2023
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2023, merchandise exports by the reporting economy (current us$), per unit in Philippines stood at 0.1668 current US$ per US$ of GDP.
Compared with earlier readings it is down 16.4% on the previous year and down 12.2% over ten years.
Over the whole period, merchandise exports by the reporting economy (current us$), per unit in Philippines peaked at 0.4549 current US$ per US$ of GDP in 2000 and was at its lowest, 0.0588 current US$ per US$ of GDP, in 1961.
Philippines ranks 119th of 202 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports by the reporting economy (current US$), per unit in Philippines, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0697 current US$ per US$ of GDP | — |
| 1961 | 0.0588 current US$ per US$ of GDP | -15.7% |
| 1962 | 0.1107 current US$ per US$ of GDP | +88.4% |
| 1963 | 0.131 current US$ per US$ of GDP | +18.3% |
| 1964 | 0.123 current US$ per US$ of GDP | -6.1% |
| 1965 | 0.1169 current US$ per US$ of GDP | -5.0% |
| 1966 | 0.1162 current US$ per US$ of GDP | -0.5% |
| 1967 | 0.1046 current US$ per US$ of GDP | -10.0% |
| 1968 | 0.0977 current US$ per US$ of GDP | -6.6% |
| 1969 | 0.0855 current US$ per US$ of GDP | -12.4% |
| 1970 | 0.1366 current US$ per US$ of GDP | +59.7% |
| 1971 | 0.1332 current US$ per US$ of GDP | -2.5% |
| 1972 | 0.1172 current US$ per US$ of GDP | -12.0% |
| 1973 | 0.1636 current US$ per US$ of GDP | +39.6% |
| 1974 | 0.1692 current US$ per US$ of GDP | +3.4% |
| 1975 | 0.1332 current US$ per US$ of GDP | -21.3% |
| 1976 | 0.1268 current US$ per US$ of GDP | -4.8% |
| 1977 | 0.1332 current US$ per US$ of GDP | +5.1% |
| 1978 | 0.13 current US$ per US$ of GDP | -2.4% |
| 1979 | 0.1436 current US$ per US$ of GDP | +10.4% |
| 1980 | 0.1506 current US$ per US$ of GDP | +4.9% |
| 1981 | 0.1363 current US$ per US$ of GDP | -9.5% |
| 1982 | 0.1127 current US$ per US$ of GDP | -17.3% |
| 1983 | 0.1259 current US$ per US$ of GDP | +11.7% |
| 1984 | 0.1444 current US$ per US$ of GDP | +14.7% |
| 1985 | 0.1282 current US$ per US$ of GDP | -11.2% |
| 1986 | 0.1385 current US$ per US$ of GDP | +8.0% |
| 1987 | 0.149 current US$ per US$ of GDP | +7.6% |
| 1988 | 0.1613 current US$ per US$ of GDP | +8.2% |
| 1989 | 0.1577 current US$ per US$ of GDP | -2.2% |
| 1990 | 0.1596 current US$ per US$ of GDP | +1.2% |
| 1991 | 0.1684 current US$ per US$ of GDP | +5.5% |
| 1992 | 0.1607 current US$ per US$ of GDP | -4.6% |
| 1993 | 0.1796 current US$ per US$ of GDP | +11.8% |
| 1994 | 0.1817 current US$ per US$ of GDP | +1.1% |
| 1995 | 0.2034 current US$ per US$ of GDP | +12.0% |
| 1996 | 0.2075 current US$ per US$ of GDP | +2.0% |
| 1997 | 0.2678 current US$ per US$ of GDP | +29.0% |
| 1998 | 0.3957 current US$ per US$ of GDP | +47.8% |
| 1999 | 0.4089 current US$ per US$ of GDP | +3.3% |
| 2000 | 0.4549 current US$ per US$ of GDP | +11.3% |
| 2001 | 0.407 current US$ per US$ of GDP | -10.5% |
| 2002 | 0.4173 current US$ per US$ of GDP | +2.5% |
| 2003 | 0.4161 current US$ per US$ of GDP | -0.3% |
| 2004 | 0.4175 current US$ per US$ of GDP | +0.3% |
| 2005 | 0.3836 current US$ per US$ of GDP | -8.1% |
| 2006 | 0.3679 current US$ per US$ of GDP | -4.1% |
| 2007 | 0.3233 current US$ per US$ of GDP | -12.1% |
| 2008 | 0.2698 current US$ per US$ of GDP | -16.6% |
| 2009 | 0.2211 current US$ per US$ of GDP | -18.0% |
| 2010 | 0.2458 current US$ per US$ of GDP | +11.2% |
| 2011 | 0.2045 current US$ per US$ of GDP | -16.8% |
| 2012 | 0.1984 current US$ per US$ of GDP | -2.9% |
| 2013 | 0.1901 current US$ per US$ of GDP | -4.2% |
| 2014 | 0.2068 current US$ per US$ of GDP | +8.8% |
| 2015 | 0.1905 current US$ per US$ of GDP | -7.9% |
| 2016 | 0.1767 current US$ per US$ of GDP | -7.2% |
| 2017 | 0.1921 current US$ per US$ of GDP | +8.7% |
| 2018 | 0.1944 current US$ per US$ of GDP | +1.2% |
| 2019 | 0.1882 current US$ per US$ of GDP | -3.2% |
| 2020 | 0.1757 current US$ per US$ of GDP | -6.7% |
| 2021 | 0.1893 current US$ per US$ of GDP | +7.8% |
| 2022 | 0.1996 current US$ per US$ of GDP | +5.5% |
| 2023 | 0.1668 current US$ per US$ of GDP | -16.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1014 current US$ per US$ of GDP | 0.0588 current US$ per US$ of GDP | 0.131 current US$ per US$ of GDP | 10 |
| 1970s | 0.1387 current US$ per US$ of GDP | 0.1172 current US$ per US$ of GDP | 0.1692 current US$ per US$ of GDP | 10 |
| 1980s | 0.1405 current US$ per US$ of GDP | 0.1127 current US$ per US$ of GDP | 0.1613 current US$ per US$ of GDP | 10 |
| 1990s | 0.2333 current US$ per US$ of GDP | 0.1596 current US$ per US$ of GDP | 0.4089 current US$ per US$ of GDP | 10 |
| 2000s | 0.3678 current US$ per US$ of GDP | 0.2211 current US$ per US$ of GDP | 0.4549 current US$ per US$ of GDP | 10 |
| 2010s | 0.1987 current US$ per US$ of GDP | 0.1767 current US$ per US$ of GDP | 0.2458 current US$ per US$ of GDP | 10 |
| 2020s | 0.1829 current US$ per US$ of GDP | 0.1668 current US$ per US$ of GDP | 0.1996 current US$ per US$ of GDP | 4 |
Countries ranked near Philippines
- 116 New Caledonia 0.1758 current US$ per US$ of GDP compare
- 117 Honduras 0.1728 current US$ per US$ of GDP compare
- 118 Eritrea 0.1725 current US$ per US$ of GDP compare
- 120 Senegal 0.1644 current US$ per US$ of GDP compare
- 121 Japan 0.1636 current US$ per US$ of GDP compare
- 122 Tuvalu 0.1631 current US$ per US$ of GDP compare
More private sector data for Philippines
- Merchandise trade 46.2% (2025)
- Food imports 15.0% (2024)
- Manufactures imports 65.2% (2024)
- Merchandise imports 141.20 billion current US$ (2025)
- Food exports 10.4% (2024)
- Manufactures exports 77.2% (2024)
- Merchandise exports 83.72 billion current US$ (2025)
- Merchandise exports (current US$), per capita 716.89 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1719 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 14.71 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy (current us$), per unit in Philippines?
- Merchandise exports by the reporting economy (current us$), per unit in Philippines was 0.1668 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise exports by the reporting economy (current us$), per unit recorded in Philippines?
- The highest recorded value was 0.4549 current US$ per US$ of GDP in 2000.
- What is the lowest merchandise exports by the reporting economy (current us$), per unit recorded in Philippines?
- The lowest recorded value was 0.0588 current US$ per US$ of GDP in 1961.
- How does Philippines rank for merchandise exports by the reporting economy (current us$), per unit?
- Philippines ranks 119th out of 202 countries with data for 2023.
- Is merchandise exports by the reporting economy (current us$), per unit rising or falling in Philippines?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise exports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise exports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise exports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.