Terms of trade adjustment in Philippines

Philippines: Terms of trade adjustment was -666.64 billion constant LCU in 2025. ◆ Volatile

Latest (2025)
-666.64 billion constant LCU
Change on year
down 10.0%
World rank
166th
of 178 countries
All-time high
426.79 billion constant LCU
in 2010
All-time low
-666.64 billion constant LCU
in 2025
Years of data
45
1981–2025

Terms of trade adjustment in Philippines, 1981–2025

-750.0B-500.0B-250.0B0250.0B500.0B1981200320251981: -62.5B constant LCU1982: -41.9B constant LCU1983: -91.9B constant LCU1984: -98.1B constant LCU1985: -1.9B constant LCU1986: 1.4B constant LCU1987: 23.7B constant LCU1988: 96.5B constant LCU1989: 45.9B constant LCU1990: 16.5B constant LCU1991: 34.7B constant LCU1992: 21.3B constant LCU1993: -11.9B constant LCU1994: 11.7B constant LCU1995: 28.4B constant LCU1996: 48.9B constant LCU1997: 9.9B constant LCU1998: 241.8B constant LCU1999: 308.5B constant LCU2000: 410.5B constant LCU2001: 417.6B constant LCU2002: 417.0B constant LCU2003: 424.5B constant LCU2004: 344.4B constant LCU2005: 293.7B constant LCU2006: 270.0B constant LCU2007: 258.5B constant LCU2008: 239.8B constant LCU2009: 333.4B constant LCU2010: 426.8B constant LCU2011: 178.3B constant LCU2012: 205.0B constant LCU2013: 291.1B constant LCU2014: 358.0B constant LCU2015: 312.9B constant LCU2016: 206.6B constant LCU2017: 179.3B constant LCU2018: 0 constant LCU2019: -163.4B constant LCU2020: -47.4B constant LCU2021: -393.7B constant LCU2022: -592.3B constant LCU2023: -546.8B constant LCU2024: -606.2B constant LCU2025: -666.6B constant LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.

Analysis

The most recent figure for terms of trade adjustment in Philippines is -666.64 billion constant LCU, measured in 2025. That is the lowest value across all 45 years on record.

That represents a change of down 10.0% on the previous year and down 313.0% over ten years.

Over the whole period, terms of trade adjustment in Philippines peaked at 426.79 billion constant LCU in 2010 and was at its lowest, -666.64 billion constant LCU, in 2025.

That places Philippines 166th out of 178 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s -14.34 billion constant LCU -98.14 billion constant LCU 96.45 billion constant LCU 9
1990s 70.98 billion constant LCU -11.90 billion constant LCU 308.51 billion constant LCU 10
2000s 340.94 billion constant LCU 239.82 billion constant LCU 424.46 billion constant LCU 10
2010s 199.47 billion constant LCU -163.41 billion constant LCU 426.79 billion constant LCU 10
2020s -475.50 billion constant LCU -666.64 billion constant LCU -47.35 billion constant LCU 6

Countries ranked near Philippines

  1. 163 Thailand -333.72 billion constant LCU compare
  2. 164 Malawi -336.39 billion constant LCU compare
  3. 165 Armenia -348.18 billion constant LCU compare
  4. 167 Lebanon -703.04 billion constant LCU compare
  5. 168 Congo -1.24 trillion constant LCU compare
  6. 169 Uzbekistan -2.29 trillion constant LCU compare

See the full ranking of 178 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is terms of trade adjustment in Philippines?
Terms of trade adjustment in Philippines was -666.64 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest terms of trade adjustment recorded in Philippines?
The highest recorded value was 426.79 billion constant LCU in 2010.
What is the lowest terms of trade adjustment recorded in Philippines?
The lowest recorded value was -666.64 billion constant LCU in 2025.
How does Philippines rank for terms of trade adjustment?
Philippines ranks 166th out of 178 countries with data for 2025.
Is terms of trade adjustment rising or falling in Philippines?
Over the last ten years it is down 313.0%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Terms of trade adjustment (constant LCU). Statizoid updates them automatically from the source API.

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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Terms of trade adjustment (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
178 places, 7,583 data points, 1960–2025
Last refreshed

The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.