Merchandise imports by the reporting economy (current US$), per unit in Philippines
Philippines: Merchandise imports by the reporting economy (current US$), per unit was 0.2885 current US$ per US$ of GDP in 2023. ▲ Rising
Merchandise imports 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 imports by the reporting economy (current us$), per unit in Philippines stood at 0.2885 current US$ per US$ of GDP.
The figure is down 18.4% on the previous year and up 20.7% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), per unit in Philippines peaked at 0.4635 current US$ per US$ of GDP in 2004 and was at its lowest, 0.0818 current US$ per US$ of GDP, in 1961.
That places Philippines 123rd out of 202 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise imports by the reporting economy (current US$), per unit in Philippines, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.085 current US$ per US$ of GDP | — |
| 1961 | 0.0818 current US$ per US$ of GDP | -3.7% |
| 1962 | 0.1286 current US$ per US$ of GDP | +57.2% |
| 1963 | 0.1208 current US$ per US$ of GDP | -6.1% |
| 1964 | 0.1418 current US$ per US$ of GDP | +17.4% |
| 1965 | 0.1332 current US$ per US$ of GDP | -6.1% |
| 1966 | 0.1309 current US$ per US$ of GDP | -1.7% |
| 1967 | 0.1495 current US$ per US$ of GDP | +14.2% |
| 1968 | 0.1462 current US$ per US$ of GDP | -2.2% |
| 1969 | 0.1295 current US$ per US$ of GDP | -11.4% |
| 1970 | 0.1573 current US$ per US$ of GDP | +21.5% |
| 1971 | 0.1561 current US$ per US$ of GDP | -0.8% |
| 1972 | 0.1482 current US$ per US$ of GDP | -5.0% |
| 1973 | 0.1553 current US$ per US$ of GDP | +4.8% |
| 1974 | 0.2179 current US$ per US$ of GDP | +40.3% |
| 1975 | 0.2175 current US$ per US$ of GDP | -0.2% |
| 1976 | 0.2022 current US$ per US$ of GDP | -7.0% |
| 1977 | 0.1894 current US$ per US$ of GDP | -6.3% |
| 1978 | 0.1981 current US$ per US$ of GDP | +4.6% |
| 1979 | 0.2096 current US$ per US$ of GDP | +5.8% |
| 1980 | 0.2229 current US$ per US$ of GDP | +6.4% |
| 1981 | 0.2078 current US$ per US$ of GDP | -6.8% |
| 1982 | 0.1942 current US$ per US$ of GDP | -6.6% |
| 1983 | 0.2058 current US$ per US$ of GDP | +6.0% |
| 1984 | 0.1721 current US$ per US$ of GDP | -16.3% |
| 1985 | 0.1519 current US$ per US$ of GDP | -11.8% |
| 1986 | 0.1518 current US$ per US$ of GDP | -0.0% |
| 1987 | 0.1813 current US$ per US$ of GDP | +19.4% |
| 1988 | 0.1981 current US$ per US$ of GDP | +9.3% |
| 1989 | 0.2275 current US$ per US$ of GDP | +14.9% |
| 1990 | 0.2541 current US$ per US$ of GDP | +11.7% |
| 1991 | 0.2468 current US$ per US$ of GDP | -2.9% |
| 1992 | 0.2376 current US$ per US$ of GDP | -3.7% |
| 1993 | 0.2809 current US$ per US$ of GDP | +18.3% |
| 1994 | 0.3014 current US$ per US$ of GDP | +7.3% |
| 1995 | 0.3225 current US$ per US$ of GDP | +7.0% |
| 1996 | 0.3082 current US$ per US$ of GDP | -4.4% |
| 1997 | 0.4107 current US$ per US$ of GDP | +33.3% |
| 1998 | 0.3941 current US$ per US$ of GDP | -4.0% |
| 1999 | 0.3551 current US$ per US$ of GDP | -9.9% |
| 2000 | 0.4093 current US$ per US$ of GDP | +15.3% |
| 2001 | 0.4159 current US$ per US$ of GDP | +1.6% |
| 2002 | 0.4164 current US$ per US$ of GDP | +0.1% |
| 2003 | 0.4308 current US$ per US$ of GDP | +3.5% |
| 2004 | 0.4635 current US$ per US$ of GDP | +7.6% |
| 2005 | 0.4413 current US$ per US$ of GDP | -4.8% |
| 2006 | 0.4036 current US$ per US$ of GDP | -8.5% |
| 2007 | 0.3558 current US$ per US$ of GDP | -11.9% |
| 2008 | 0.3326 current US$ per US$ of GDP | -6.5% |
| 2009 | 0.2607 current US$ per US$ of GDP | -21.6% |
| 2010 | 0.2889 current US$ per US$ of GDP | +10.8% |
| 2011 | 0.2824 current US$ per US$ of GDP | -2.2% |
| 2012 | 0.2592 current US$ per US$ of GDP | -8.2% |
| 2013 | 0.2391 current US$ per US$ of GDP | -7.8% |
| 2014 | 0.2386 current US$ per US$ of GDP | -0.2% |
| 2015 | 0.2393 current US$ per US$ of GDP | +0.3% |
| 2016 | 0.2694 current US$ per US$ of GDP | +12.6% |
| 2017 | 0.2826 current US$ per US$ of GDP | +4.9% |
| 2018 | 0.314 current US$ per US$ of GDP | +11.1% |
| 2019 | 0.3111 current US$ per US$ of GDP | -0.9% |
| 2020 | 0.2483 current US$ per US$ of GDP | -20.2% |
| 2021 | 0.3156 current US$ per US$ of GDP | +27.1% |
| 2022 | 0.3535 current US$ per US$ of GDP | +12.0% |
| 2023 | 0.2885 current US$ per US$ of GDP | -18.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1247 current US$ per US$ of GDP | 0.0818 current US$ per US$ of GDP | 0.1495 current US$ per US$ of GDP | 10 |
| 1970s | 0.1852 current US$ per US$ of GDP | 0.1482 current US$ per US$ of GDP | 0.2179 current US$ per US$ of GDP | 10 |
| 1980s | 0.1913 current US$ per US$ of GDP | 0.1518 current US$ per US$ of GDP | 0.2275 current US$ per US$ of GDP | 10 |
| 1990s | 0.3111 current US$ per US$ of GDP | 0.2376 current US$ per US$ of GDP | 0.4107 current US$ per US$ of GDP | 10 |
| 2000s | 0.393 current US$ per US$ of GDP | 0.2607 current US$ per US$ of GDP | 0.4635 current US$ per US$ of GDP | 10 |
| 2010s | 0.2725 current US$ per US$ of GDP | 0.2386 current US$ per US$ of GDP | 0.314 current US$ per US$ of GDP | 10 |
| 2020s | 0.3015 current US$ per US$ of GDP | 0.2483 current US$ per US$ of GDP | 0.3535 current US$ per US$ of GDP | 4 |
Countries ranked near Philippines
- 120 Guatemala 0.2907 current US$ per US$ of GDP compare
- 121 New Caledonia 0.2906 current US$ per US$ of GDP compare
- 122 Spain 0.2893 current US$ per US$ of GDP compare
- 124 Central African Republic 0.2881 current US$ per US$ of GDP compare
- 125 Finland 0.2806 current US$ per US$ of GDP compare
- 126 Burundi 0.2805 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$), annual growth rate 14.71 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), per unit in Philippines?
- Merchandise imports by the reporting economy (current us$), per unit in Philippines was 0.2885 current US$ per US$ of GDP in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), per unit recorded in Philippines?
- The highest recorded value was 0.4635 current US$ per US$ of GDP in 2004.
- What is the lowest merchandise imports by the reporting economy (current us$), per unit recorded in Philippines?
- The lowest recorded value was 0.0818 current US$ per US$ of GDP in 1961.
- How does Philippines rank for merchandise imports by the reporting economy (current us$), per unit?
- Philippines ranks 123rd out of 202 countries with data for 2023.
- Is merchandise imports by the reporting economy (current us$), per unit rising or falling in Philippines?
- Over the last ten years it is up 20.7%. 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 imports by the reporting economy (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Merchandise imports by the reporting economy (current US$) ÷ GDP (current US$)
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.