Merchandise imports by the reporting economy (current US$), annual in Philippines
Philippines: Merchandise imports by the reporting economy (current US$), annual was -11.78 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-11.78 % change on previous year
Change on year
down 179.0%
World rank
183rd
of 206 countries
All-time high
91.86 % change on previous year
in 1974
All-time low
-24.06 % change on previous year
in 2009
Years of data
63
1961–2023
Merchandise imports by the reporting economy (current US$), annual in Philippines, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded -11.78 % change on previous year for merchandise imports by the reporting economy (current us$), annual in 2023.
The figure is down 179.0% on the previous year and down 48,053.7% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), annual in Philippines peaked at 91.86 % change on previous year in 1974 and was at its lowest, -24.06 % change on previous year, in 2009.
Philippines ranks 183rd of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), annual in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 4.67 % change on previous year | — |
| 1962 | -4.65 % change on previous year | -199.7% |
| 1963 | 4.32 % change on previous year | -192.7% |
| 1964 | 27.02 % change on previous year | +526.1% |
| 1965 | 2.81 % change on previous year | -89.6% |
| 1966 | 8.43 % change on previous year | +200.4% |
| 1967 | 22.66 % change on previous year | +168.7% |
| 1968 | 9.28 % change on previous year | -59.0% |
| 1969 | -1.75 % change on previous year | -118.8% |
| 1970 | -4.06 % change on previous year | +132.4% |
| 1971 | 9.92 % change on previous year | -344.3% |
| 1972 | 2.81 % change on previous year | -71.6% |
| 1973 | 31.85 % change on previous year | +1031.5% |
| 1974 | 91.86 % change on previous year | +188.4% |
| 1975 | 7.95 % change on previous year | -91.3% |
| 1976 | 6.77 % change on previous year | -14.9% |
| 1977 | 7.71 % change on previous year | +13.9% |
| 1978 | 20.88 % change on previous year | +171.0% |
| 1979 | 28.24 % change on previous year | +35.2% |
| 1980 | 25.55 % change on previous year | -9.5% |
| 1981 | 2.43 % change on previous year | -90.5% |
| 1982 | -2.62 % change on previous year | -207.4% |
| 1983 | -5.18 % change on previous year | +98.2% |
| 1984 | -20.84 % change on previous year | +302.0% |
| 1985 | -13.68 % change on previous year | -34.4% |
| 1986 | -2.83 % change on previous year | -79.3% |
| 1987 | 32.79 % change on previous year | -1258.1% |
| 1988 | 24.75 % change on previous year | -24.5% |
| 1989 | 29.15 % change on previous year | +17.8% |
| 1990 | 16.25 % change on previous year | -44.3% |
| 1991 | -0.4075 % change on previous year | -102.5% |
| 1992 | 12.31 % change on previous year | -3121.5% |
| 1993 | 21.41 % change on previous year | +73.9% |
| 1994 | 26.52 % change on previous year | +23.8% |
| 1995 | 23.78 % change on previous year | -10.3% |
| 1996 | 6.86 % change on previous year | -71.2% |
| 1997 | 32.5 % change on previous year | +373.9% |
| 1998 | -24.03 % change on previous year | -174.0% |
| 1999 | 3.6 % change on previous year | -115.0% |
| 2000 | 12.6 % change on previous year | +249.9% |
| 2001 | -4.15 % change on previous year | -132.9% |
| 2002 | 6.95 % change on previous year | -267.6% |
| 2003 | 6.81 % change on previous year | -2.1% |
| 2004 | 17.43 % change on previous year | +156.1% |
| 2005 | 7.67 % change on previous year | -56.0% |
| 2006 | 8.69 % change on previous year | +13.3% |
| 2007 | 7.7 % change on previous year | -11.4% |
| 2008 | 8.86 % change on previous year | +15.1% |
| 2009 | -24.06 % change on previous year | -371.6% |
| 2010 | 31.21 % change on previous year | -229.7% |
| 2011 | 9.91 % change on previous year | -68.2% |
| 2012 | 2.62 % change on previous year | -73.6% |
| 2013 | -0.0245 % change on previous year | -100.9% |
| 2014 | 4.57 % change on previous year | -18802.8% |
| 2015 | 3.34 % change on previous year | -27.0% |
| 2016 | 17.03 % change on previous year | +409.9% |
| 2017 | 8.16 % change on previous year | -52.1% |
| 2018 | 17.33 % change on previous year | +112.4% |
| 2019 | 7.64 % change on previous year | -55.9% |
| 2020 | -23.39 % change on previous year | -406.2% |
| 2021 | 38.49 % change on previous year | -264.5% |
| 2022 | 14.91 % change on previous year | -61.3% |
| 2023 | -11.78 % change on previous year | -179.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.09 % change on previous year | -4.65 % change on previous year | 27.02 % change on previous year | 9 |
| 1970s | 20.39 % change on previous year | -4.06 % change on previous year | 91.86 % change on previous year | 10 |
| 1980s | 6.95 % change on previous year | -20.84 % change on previous year | 32.79 % change on previous year | 10 |
| 1990s | 11.88 % change on previous year | -24.03 % change on previous year | 32.5 % change on previous year | 10 |
| 2000s | 4.85 % change on previous year | -24.06 % change on previous year | 17.43 % change on previous year | 10 |
| 2010s | 10.18 % change on previous year | -0.0245 % change on previous year | 31.21 % change on previous year | 10 |
| 2020s | 4.56 % change on previous year | -23.39 % change on previous year | 38.49 % change on previous year | 4 |
Countries ranked near Philippines
- 180 Peru -11.45 % change on previous year compare
- 181 South Korea -11.66 % change on previous year compare
- 182 Brazil -11.72 % change on previous year compare
- 184 Kenya -11.78 % change on previous year compare
- 185 Tuvalu -11.94 % change on previous year compare
- 186 Lithuania -12.12 % change on previous year 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$), annual growth rate 14.71 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), annual in Philippines?
- Merchandise imports by the reporting economy (current us$), annual in Philippines was -11.78 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), annual recorded in Philippines?
- The highest recorded value was 91.86 % change on previous year in 1974.
- What is the lowest merchandise imports by the reporting economy (current us$), annual recorded in Philippines?
- The lowest recorded value was -24.06 % change on previous year in 2009.
- How does Philippines rank for merchandise imports by the reporting economy (current us$), annual?
- Philippines ranks 183rd out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), annual rising or falling in Philippines?
- Over the last ten years it is down 48,053.7%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.