Merchandise trade as a share of gdp reached 50.5% in 2021 in Philippines, according to the National Statistical Office. This is 18.1% more than in the previous year.
Historically, merchandise trade as a share of GDP in Philippines reached an all time high of 90.5% in 2003 and an all time low of 17.8% in 1960.
Philippines has been ranked 106th within the group of 165 countries we follow in terms of merchandise trade as a share of GDP.
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