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Philippines Taxes on international trade (current LCU) 2026: Interactive Chart & Historical Data

Taxes on international trade (current LCU) in Philippines stood at 916.7 billion in 2024, according to World Bank. The latest value is up 3.8% from 883.2 billion in 2023. Ten years earlier, in 2014, the value was 369.3 billion (up 148% since). The latest value is the highest since 1990; the lowest was 43.7 billion in 1990. Philippines ranked 15th highest of the 86 countries in this dataset in 2023; Uzbekistan ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Taxes on international trade (current LCU)?

Taxes on international trade (current LCU) captures Philippines's cross-border flows of goods and services, revealing the country's competitive position in global markets, trade relationships, and exposure to external economic shocks. Trade data encompasses exports (goods and services sold to other countries), imports (purchases from abroad), and the resulting balance (surplus when exports exceed imports, deficit when the reverse occurs). In Philippines, Taxes on international trade (current LCU) reflects comparative advantages — sectors where the country produces efficiently relative to trading partners — as well as exchange rate effects and global demand patterns. Persistent trade deficits may indicate domestic consumption exceeding production, while surpluses suggest strong export competitiveness. Trade relationships also create supply chain dependencies; disruptions in partner countries can affect Philippines's industries that rely on imported components or foreign markets for their products.

Key facts

What is the latest Taxes on international trade (current LCU) in Philippines?

Taxes on international trade (current LCU) in Philippines stood at 916.7 billion in 2024, according to World Bank.

Is Taxes on international trade (current LCU) in Philippines rising or falling?

The latest value is up 3.8% from 883.2 billion in 2023. Ten years earlier, in 2014, the value was 369.3 billion (up 148% since).

How does Philippines rank for Taxes on international trade (current LCU)?

Philippines ranked 15th highest of the 86 countries in this dataset in 2023; Uzbekistan ranked first.

What is the highest Taxes on international trade (current LCU) on record in Philippines?

The latest value is the highest since 1990; the lowest was 43.7 billion in 1990.

Metadata for Taxes on international trade (current LCU) in Philippines
IndicatorTaxes on international trade (current LCU)
CountryPhilippines
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Source:World Bank — series GC.TAX.INTT.CN
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Taxes on international trade (current LCU) — Philippines [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-intt-cn/PHL. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN

MLA

World Bank. "Taxes on international trade (current LCU) — Philippines." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-intt-cn/PHL. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

Chicago

World Bank. 2026. "Taxes on international trade (current LCU) — Philippines." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-intt-cn/PHL. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN.

BibTeX
@misc{econdash_wdi_gc_tax_intt_cn_phl,
  author = {{World Bank}},
  title = {{Taxes on international trade (current LCU) --- Philippines}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-intt-cn/PHL},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.INTT.CN}
}