Merchandise exports to low- and middle-income economies in Latin in Philippines
Philippines: Merchandise exports to low- and middle-income economies in Latin was 1.8% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Philippines, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Philippines recorded 1.8% for merchandise exports to low- and middle-income economies in latin in 2023. That is the highest value across all 63 years on record.
That represents a change of up 10.9% on the previous year and up 83.4% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Philippines peaked at 1.8% in 2023 and was at its lowest, 0.0%, in 1972.
That places Philippines 73rd out of 203 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 to low- and middle-income economies in Latin in Philippines, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.8% | — |
| 1961 | 0.1% | -85.1% |
| 1962 | 0.6% | +381.5% |
| 1963 | 0.2% | -72.3% |
| 1964 | 0.1% | -18.0% |
| 1965 | 0.1% | -3.8% |
| 1966 | 0.1% | -8.8% |
| 1967 | 0.1% | -38.0% |
| 1968 | 0.8% | +970.2% |
| 1969 | 1.0% | +26.0% |
| 1970 | 0.1% | -87.4% |
| 1971 | 0.1% | -14.6% |
| 1972 | 0.0% | -91.3% |
| 1974 | 0.0% | +302.5% |
| 1975 | 0.0% | +17.5% |
| 1976 | 0.2% | +237.6% |
| 1977 | 0.1% | -32.3% |
| 1978 | 0.1% | +18.6% |
| 1979 | 0.4% | +233.6% |
| 1980 | 0.8% | +94.1% |
| 1981 | 0.2% | -79.2% |
| 1982 | 0.3% | +82.6% |
| 1983 | 0.8% | +162.4% |
| 1984 | 0.2% | -71.3% |
| 1985 | 0.1% | -67.2% |
| 1986 | 0.1% | -3.9% |
| 1987 | 0.1% | -13.7% |
| 1988 | 0.1% | +73.2% |
| 1989 | 0.3% | +213.9% |
| 1990 | 0.2% | -49.7% |
| 1991 | 0.2% | +47.7% |
| 1992 | 0.3% | +33.0% |
| 1993 | 0.5% | +46.4% |
| 1994 | 0.5% | -5.6% |
| 1995 | 0.5% | +0.5% |
| 1996 | 0.1% | -85.4% |
| 1997 | 0.4% | +488.2% |
| 1998 | 1.1% | +193.3% |
| 1999 | 1.2% | +9.3% |
| 2000 | 1.0% | -22.3% |
| 2001 | 0.7% | -22.9% |
| 2002 | 1.0% | +40.2% |
| 2003 | 0.5% | -55.5% |
| 2004 | 0.5% | +6.9% |
| 2005 | 0.6% | +24.9% |
| 2006 | 0.7% | +6.6% |
| 2007 | 0.6% | -4.4% |
| 2008 | 0.7% | +13.8% |
| 2009 | 0.8% | +11.5% |
| 2010 | 0.9% | +16.0% |
| 2011 | 1.3% | +37.8% |
| 2012 | 1.0% | -25.5% |
| 2013 | 1.0% | +3.1% |
| 2014 | 1.2% | +16.3% |
| 2015 | 1.2% | +4.3% |
| 2016 | 1.4% | +15.5% |
| 2017 | 1.4% | +4.4% |
| 2018 | 1.5% | +2.2% |
| 2019 | 1.5% | +0.7% |
| 2020 | 1.4% | -9.4% |
| 2021 | 1.5% | +12.0% |
| 2022 | 1.6% | +8.2% |
| 2023 | 1.8% | +10.9% |
Philippines compared with similar countries
- Philippines's 1.8% is below the median for upper middle income countries, which is 1.9%, 95% of the median. (58 countries reporting)
- Philippines's 1.8% is above the median for East Asia & Pacific, which is 0.9%, 2.0× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in Latin in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +970.2% | 0.1% | 0.8% |
| 1997 | +488.2% | 0.1% | 0.4% |
| 1962 | +381.5% | 0.1% | 0.6% |
| 1974 | +302.5% | 0.0% | 0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.1% | 1.0% | 10 |
| 1970s | 0.1% | 0.0% | 0.4% | 9 |
| 1980s | 0.3% | 0.1% | 0.8% | 10 |
| 1990s | 0.5% | 0.1% | 1.2% | 10 |
| 2000s | 0.7% | 0.5% | 1.0% | 10 |
| 2010s | 1.2% | 0.9% | 1.5% | 10 |
| 2020s | 1.6% | 1.4% | 1.8% | 4 |
Countries ranked near Philippines
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 to low- and middle-income economies in latin in Philippines?
- Merchandise exports to low- and middle-income economies in latin in Philippines was 1.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Philippines?
- The highest recorded value was 1.8% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Philippines?
- The lowest recorded value was 0.0% in 1972.
- How does Philippines rank for merchandise exports to low- and middle-income economies in latin?
- Philippines ranks 73rd out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Philippines?
- Over the last ten years it is up 83.4%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.