Merchandise exports to low- and middle-income economies within region in Philippines
Philippines: Merchandise exports to low- and middle-income economies within region was 25.1% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region in Philippines, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies within region in Philippines is 25.1%, measured in 2023.
Compared with earlier readings it is up 1.3% on the previous year and up 20.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies within region in Philippines peaked at 26.1% in 2021 and was at its lowest, 0.0%, in 1960.
Philippines ranks 68th of 203 countries on this measure, 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 within region in Philippines, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.1% | +63.7% |
| 1962 | 0.1% | +45.9% |
| 1963 | 0.2% | +143.4% |
| 1964 | 0.2% | -1.6% |
| 1965 | 0.1% | -70.0% |
| 1966 | 0.9% | +1340.3% |
| 1967 | 2.6% | +176.2% |
| 1968 | 1.2% | -55.5% |
| 1969 | 4.5% | +283.5% |
| 1970 | 0.8% | -82.6% |
| 1971 | 1.0% | +29.5% |
| 1972 | 1.2% | +19.0% |
| 1973 | 2.1% | +75.7% |
| 1974 | 1.3% | -39.8% |
| 1975 | 2.3% | +85.4% |
| 1976 | 2.6% | +10.7% |
| 1977 | 5.4% | +107.0% |
| 1978 | 5.7% | +5.4% |
| 1979 | 4.0% | -29.2% |
| 1980 | 5.9% | +46.9% |
| 1981 | 6.9% | +16.6% |
| 1982 | 7.7% | +12.1% |
| 1983 | 5.2% | -32.9% |
| 1984 | 5.1% | -1.2% |
| 1985 | 8.1% | +58.0% |
| 1986 | 6.4% | -21.1% |
| 1987 | 7.3% | +14.8% |
| 1988 | 5.0% | -31.7% |
| 1989 | 4.9% | -1.0% |
| 1990 | 5.2% | +5.7% |
| 1991 | 6.2% | +18.4% |
| 1992 | 4.3% | -30.6% |
| 1993 | 5.3% | +22.5% |
| 1994 | 6.7% | +27.2% |
| 1995 | 9.2% | +37.2% |
| 1996 | 9.1% | -0.3% |
| 1997 | 8.4% | -8.6% |
| 1998 | 7.9% | -5.1% |
| 1999 | 8.8% | +11.6% |
| 2000 | 9.3% | +4.6% |
| 2001 | 10.8% | +16.8% |
| 2002 | 12.5% | +16.1% |
| 2003 | 17.4% | +38.6% |
| 2004 | 17.3% | -0.4% |
| 2005 | 20.7% | +19.4% |
| 2006 | 19.8% | -4.2% |
| 2007 | 21.1% | +6.7% |
| 2008 | 20.5% | -3.1% |
| 2009 | 16.4% | -19.9% |
| 2010 | 19.4% | +18.2% |
| 2011 | 21.9% | +13.0% |
| 2012 | 21.4% | -2.3% |
| 2013 | 20.8% | -2.8% |
| 2014 | 20.9% | +0.4% |
| 2015 | 19.4% | -7.0% |
| 2016 | 19.5% | +0.4% |
| 2017 | 20.5% | +4.9% |
| 2018 | 22.8% | +11.3% |
| 2019 | 23.7% | +4.2% |
| 2020 | 25.1% | +5.7% |
| 2021 | 26.1% | +4.2% |
| 2022 | 24.8% | -5.1% |
| 2023 | 25.1% | +1.3% |
Philippines compared with similar countries
- Philippines's 25.1% is above the median for upper middle income countries, which is 15.5%, 1.6× the median. (59 countries reporting)
- Philippines's 25.1% is below the median for East Asia & Pacific, which is 35.9%, 70% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies within region 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 |
|---|---|---|---|
| 1966 | +1340.3% | 0.1% | 0.9% |
| 1969 | +283.5% | 1.2% | 4.5% |
| 1967 | +176.2% | 0.9% | 2.6% |
| 1963 | +143.4% | 0.1% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.0% | 0.0% | 4.5% | 10 |
| 1970s | 2.6% | 0.8% | 5.7% | 10 |
| 1980s | 6.2% | 4.9% | 8.1% | 10 |
| 1990s | 7.1% | 4.3% | 9.2% | 10 |
| 2000s | 16.6% | 9.3% | 21.1% | 10 |
| 2010s | 21.0% | 19.4% | 23.7% | 10 |
| 2020s | 25.3% | 24.8% | 26.1% | 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 within region in Philippines?
- Merchandise exports to low- and middle-income economies within region in Philippines was 25.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies within region recorded in Philippines?
- The highest recorded value was 26.1% in 2021.
- What is the lowest merchandise exports to low- and middle-income economies within region recorded in Philippines?
- The lowest recorded value was 0.0% in 1960.
- How does Philippines rank for merchandise exports to low- and middle-income economies within region?
- Philippines ranks 68th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies within region rising or falling in Philippines?
- Over the last ten years it is up 20.7%. 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 within region (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.