Philippines: Exports, percent of GDP

* indicates monthly or quarterly data series
 Philippines

Exports of goods and services as percent of GDP

 Latest value 26.55
 Year 2025
 Measure percent
 Data availability 1981 - 2025
 Average 28.12
 Min - Max 13.87 - 43.34
 Source The World Bank
 Available for Data download
The latest value from 2025 is 26.55 percent, an increase from 25.74 percent in 2024. In comparison, the world average is 43.52 percent, based on data from 135 countries. Historically, the average for the Philippines from 1981 to 2025 is 28.12 percent. The minimum value, 13.87 percent, was reached in 1982 while the maximum of 43.34 percent was recorded in 2000. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Philippines: Exports, percent of GDP
 2025 26.55
 2024 25.74
 2023 26.64
 2022 28.39
 2021 25.75
 2020 25.20
 2019 28.38
 2018 30.21




The exports of the Philippines and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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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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