Taxes on international trade (% of revenue) in Philippines
Philippines: Taxes on international trade (% of revenue) was 20.8% in 2024. ▼ Falling
Taxes on international trade in Philippines, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on international trade in Philippines stood at 20.8%.
The figure is down 10.1% on the previous year and up 7.2% over ten years.
Over the whole period, taxes on international trade in Philippines peaked at 30.0% in 1993 and was at its lowest, 16.5%, in 1998.
Philippines ranks 8th of 154 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 35 years of available data.
Taxes on international trade (% of revenue) in Philippines, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 24.7% | — |
| 1991 | 28.0% | +13.4% |
| 1992 | 28.5% | +1.5% |
| 1993 | 30.0% | +5.3% |
| 1994 | 25.2% | -15.8% |
| 1995 | 29.0% | +14.8% |
| 1996 | 25.9% | -10.5% |
| 1997 | 20.6% | -20.5% |
| 1998 | 16.5% | -19.7% |
| 1999 | 18.3% | +10.4% |
| 2000 | 18.3% | +0.4% |
| 2001 | 17.5% | -4.8% |
| 2002 | 16.7% | -4.4% |
| 2003 | 16.6% | -0.2% |
| 2004 | 17.3% | +4.2% |
| 2005 | 17.5% | +1.0% |
| 2006 | 20.3% | +16.0% |
| 2007 | 20.0% | -1.6% |
| 2008 | 22.2% | +11.0% |
| 2009 | 19.6% | -11.6% |
| 2010 | 21.5% | +9.4% |
| 2011 | 19.5% | -9.1% |
| 2012 | 19.0% | -2.6% |
| 2013 | 17.8% | -6.3% |
| 2014 | 19.4% | +8.8% |
| 2015 | 18.0% | -7.3% |
| 2016 | 18.1% | +0.5% |
| 2017 | 18.5% | +2.7% |
| 2018 | 20.9% | +12.9% |
| 2019 | 20.1% | -4.0% |
| 2020 | 18.8% | -6.3% |
| 2021 | 21.4% | +13.7% |
| 2022 | 24.3% | +13.6% |
| 2023 | 23.1% | -5.1% |
| 2024 | 20.8% | -10.1% |
Philippines compared with similar countries
- Philippines's 20.8% is above the median for upper middle income countries, which is 4.5%, 4.6× the median. (48 countries reporting)
- Philippines's 20.8% is above the median for East Asia & Pacific, which is 4.5%, 4.6× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 24.7% | 16.5% | 30.0% | 10 |
| 2000s | 18.6% | 16.6% | 22.2% | 10 |
| 2010s | 19.3% | 17.8% | 21.5% | 10 |
| 2020s | 21.7% | 18.8% | 24.3% | 5 |
Countries ranked near Philippines
More public sector data for Philippines
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 846.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
Frequently asked questions
- What is taxes on international trade in Philippines?
- Taxes on international trade in Philippines was 20.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Philippines?
- The highest recorded value was 30.0% in 1993.
- What is the lowest taxes on international trade recorded in Philippines?
- The lowest recorded value was 16.5% in 1998.
- How does Philippines rank for taxes on international trade?
- Philippines ranks 8th out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Philippines?
- Over the last ten years it is up 7.2%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.