Philippines: Growth of exports

* indicates monthly or quarterly data series
 Philippines

Exports of goods and services, annual growth

 Latest value 8.24
 Year 2025
 Measure percent
 Data availability 1961 - 2025
 Average 6.49
 Min - Max -19.91 - 39.82
 Source The World Bank
The latest value from 2025 is 8.24 percent, an increase from 3.2 percent in 2024. In comparison, the world average is 5.41 percent, based on data from 128 countries. Historically, the average for the Philippines from 1961 to 2025 is 6.49 percent. The minimum value, -19.91 percent, was reached in 1998 while the maximum of 39.82 percent was recorded in 1980. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Philippines - Growth of exports - Recent values chart

Historical series
Philippines - Growth of exports - historical chart - 1961-2025




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 98.20 2024 percent
 Trade openness 66.79 2025 percent
 Financial openness -0.050 2022 index points
 Exports, percent of GDP 26.55 2025 percent
 Exports, billion dollars 129.32 2025 billion U.S. dollars
 Growth of exports 8.24 2025 percent
 Imports, percent of GDP 40.24 2025 percent
 Imports, billion dollars 196.02 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 1.60 2025 percent
 Foreign Direct Investment, billion dollars 9.40 2024 billion U.S. dollars
 Portfolio investment inflows, equities -86.78 2024 million dollars (current)
 Current account, percent of GDP -3.34 2025 percent
 Current account, in dollars -16.29 2025 billion U.S. dollars
 Trade balance, percent of GDP -13.69 2025 percent
 Trade balance, in dollars -54.99 2024 billion U.S. dollars
 Reserves 110.93 2025 billion U.S. dollars
 Remittances, percent of GDP 8.73 2024 percent
 Remittances 41,559.64 2025 million U.S. dollars
 Net errors and omissions -346.43 2025 million USD
 External debt 28.87 2024 percent
 Short-term external debt 15.72 2024 percent
 Short-term debt to reserves 19.72 2024 percent
 External debt in foreign currencies 96.98 2024 percent
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