Merchandise imports from low- and middle-income economies in South in Philippines
Philippines: Merchandise imports from low- and middle-income economies in South was 1.8% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in South in Philippines, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in south in Philippines stood at 1.8%.
That represents a change of up 5.7% on the previous year and up 38.3% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in south in Philippines peaked at 2.8% in 1996 and was at its lowest, 0.1%, in 1982.
That places Philippines 119th out of 205 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 imports from low- and middle-income economies in South in Philippines, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.9% | — |
| 1961 | 0.6% | -27.9% |
| 1962 | 0.4% | -43.9% |
| 1963 | 0.4% | +4.2% |
| 1964 | 0.5% | +26.0% |
| 1965 | 0.3% | -27.0% |
| 1966 | 0.3% | -26.2% |
| 1967 | 0.3% | +12.1% |
| 1968 | 0.3% | +22.0% |
| 1969 | 0.4% | +4.1% |
| 1970 | 0.3% | -28.2% |
| 1971 | 0.1% | -44.2% |
| 1972 | 0.2% | +43.3% |
| 1973 | 0.3% | +46.3% |
| 1974 | 0.3% | -4.4% |
| 1975 | 0.5% | +61.9% |
| 1976 | 0.7% | +52.0% |
| 1977 | 0.7% | -7.0% |
| 1978 | 0.3% | -47.9% |
| 1979 | 0.2% | -29.3% |
| 1980 | 0.4% | +50.0% |
| 1981 | 0.2% | -54.6% |
| 1982 | 0.1% | -22.0% |
| 1983 | 0.8% | +530.2% |
| 1984 | 0.2% | -77.6% |
| 1985 | 0.3% | +60.9% |
| 1986 | 0.6% | +94.8% |
| 1987 | 0.3% | -45.5% |
| 1988 | 0.8% | +139.7% |
| 1989 | 0.5% | -34.4% |
| 1990 | 1.2% | +133.6% |
| 1991 | 0.9% | -25.3% |
| 1992 | 0.9% | -1.2% |
| 1993 | 0.8% | -0.7% |
| 1994 | 0.8% | -0.0% |
| 1995 | 0.8% | -1.8% |
| 1996 | 2.8% | +239.5% |
| 1997 | 0.8% | -72.1% |
| 1998 | 0.6% | -24.4% |
| 1999 | 0.5% | -13.2% |
| 2000 | 0.6% | +10.2% |
| 2001 | 0.8% | +48.0% |
| 2002 | 1.3% | +52.6% |
| 2003 | 0.9% | -32.4% |
| 2004 | 0.7% | -19.8% |
| 2005 | 0.8% | +15.8% |
| 2006 | 0.9% | +13.9% |
| 2007 | 1.0% | +7.0% |
| 2008 | 1.3% | +31.8% |
| 2009 | 1.3% | +3.7% |
| 2010 | 1.4% | +2.9% |
| 2011 | 1.3% | -7.9% |
| 2012 | 1.2% | -3.0% |
| 2013 | 1.3% | +3.2% |
| 2014 | 1.6% | +29.1% |
| 2015 | 2.0% | +20.3% |
| 2016 | 2.0% | -0.9% |
| 2017 | 1.9% | -0.9% |
| 2018 | 1.7% | -10.7% |
| 2019 | 1.8% | +6.3% |
| 2020 | 1.9% | +3.1% |
| 2021 | 2.1% | +9.8% |
| 2022 | 1.7% | -20.3% |
| 2023 | 1.8% | +5.7% |
Philippines compared with similar countries
- Philippines's 1.8% is below the median for upper middle income countries, which is 2.0%, 87% of the median. (59 countries reporting)
- Philippines's 1.8% is above the median for East Asia & Pacific, which is 1.0%, 1.8× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in South 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 |
|---|---|---|---|
| 1983 | +530.2% | 0.1% | 0.8% |
| 1996 | +239.5% | 0.8% | 2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.3% | 0.9% | 10 |
| 1970s | 0.4% | 0.1% | 0.7% | 10 |
| 1980s | 0.4% | 0.1% | 0.8% | 10 |
| 1990s | 1.0% | 0.5% | 2.8% | 10 |
| 2000s | 1.0% | 0.6% | 1.3% | 10 |
| 2010s | 1.6% | 1.2% | 2.0% | 10 |
| 2020s | 1.9% | 1.7% | 2.1% | 4 |
Countries ranked near Philippines
- 116 Azerbaijan 1.8% compare
- 117 Palestine 1.8% compare
- 118 Singapore 1.8% compare
- 120 Trinidad and Tobago 1.7% compare
- 121 Netherlands 1.7% compare
- 122 Guyana 1.7% 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 from low- and middle-income economies in south in Philippines?
- Merchandise imports from low- and middle-income economies in south in Philippines was 1.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in south recorded in Philippines?
- The highest recorded value was 2.8% in 1996.
- What is the lowest merchandise imports from low- and middle-income economies in south recorded in Philippines?
- The lowest recorded value was 0.1% in 1982.
- How does Philippines rank for merchandise imports from low- and middle-income economies in south?
- Philippines ranks 119th out of 205 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in south rising or falling in Philippines?
- Over the last ten years it is up 38.3%. 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 imports from low- and middle-income economies in South Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.