Imports as a share of GDP reached 0.409 % in 2017 in Philippines, according to the National Statistical Office. This is 9.29 % more than in the previous year.
Historically, imports as a share of GDP in Philippines reached an all time high of 0.593 % in 1997 and an all time low of 0.115 % in 1960. When compared to Philippines's main peers, imports as a share of GDP in China amounted to 0.180 %, 0.192 % in Indonesia and 0.988 % in Vietnam in 2017.
Philippines has been ranked 84th within the group of 165 countries we follow in terms of imports as a share of GDP, 7 places behind the position seen 10 years ago.
Imports of goods and services represent the value of all goods and other market services received from the rest of the world.