Philippines Trade Openness

Philippines trade openness data with historical trend, latest available year, ranking, source notes and country comparison. Latest value: 65.89 percent of.
COUNTRY: Philippines
UNIT: percent of GDP
SOURCE: World Bank / public data sources
CACHE: live
UPDATED: 2026-06-12 04:00:58
Economy Data Rating
Philippines · Economic Stability Rating
Composite rating based on inflation, growth, debt, unemployment and current account.
BBB
69 / 100
Stable economy
Fiscal stability 16.4 / 25
Macroeconomic stability 19.8 / 20
External stability 10.7 / 15
Financial robustness 6.3 / 15
Structural stability 2.1 / 10
Future capacity 5.7 / 10
Demographic capacity 4.3 / 5
Method: Economy Data 7-pillar stability model with structural financial robustness adjustment. This is a transparent Economy Data heuristic, not an official sovereign credit rating. Data coverage: 93% of weighted inputs available.
Time range: 1981–2024 19812024
1981 2024
Selected year: 2024 · Value: n/a 2024

Philippines · trade in goods and services as a percentage of gdp.

1981–2024
65.89 percent of GDP
67.42 percent of GDP
65.75 percent of GDP
46 selected year
max 8 6 4 2 0
1981 1989 1997 2005 2013 2021 2024
trade openness rate reference line

Countries by trade openness

full ranking
Country Rate Class
Hong Kong 359.51
Luxembourg 351.27
Singapore 322.37
Ireland 246.17
United Arab Emirates 199.04
Vietnam 173.86
Slovakia 171.21
Belgium 158.93

Interpretation

short note

This trade indicator helps assess the openness and external orientation of an economy.

Values should be interpreted together with country context, time range, source coverage and related macroeconomic indicators.

Production version: show source, timestamp and fallback status here.

Comparison

latest
China 37.2
India 44.65
Japan 46.41
Germany 79.09

Related indicators

internal links
Exports NE.EXP.GNFS.ZS
Imports NE.IMP.GNFS.ZS
Current Account Balance BN.CAB.XOKA.GD.ZS
GDP Growth NY.GDP.MKTP.KD.ZG
FDI Inflows BX.KLT.DINV.WD.GD.ZS

Source layer

planned

Production version should display source, timestamp and fallback status here.

Provider: worldbank · Indicator code: NE.TRD.GNFS.ZS

Cache: live · Updated: 2026-06-12 04:00:58

Philippines Snapshot

country profile
Population 115.84 m
GDP 487.09 bn
Debt/GDP 43.43%
Inflation 1.66%
Unemployment 2.24%
Currency n/a
Region Asia
Income group Lower middle income

Philippines Trade Openness: data context and use

This page is part of the Economy Data indicator system. It provides structured country-level economic data, historical series, rankings and comparison views for researchers, students, journalists and decision makers. The page combines indicator metadata, country context, latest available values, ranking information and source notes.

The selected indicator is Trade Openness for Philippines. The data are designed for quick comparison across countries and for deeper interpretation together with related macroeconomic indicators such as GDP growth, government debt, unemployment, current account balance, exports, imports, population and inequality.

Keyphrase synonyms: philippines trade openness rate, trade openness data philippines, philippines trade openness statistics, philippines percent of gdp, trade in goods and services as a percentage of gdp..