Latest Data
2024
₱10,608.176 billion
vs prev 6.98%
Data Coverage
Observations: 44
Period: Dec 1981 - Dec 2024
Frequency: Annual
Historic High: ₱10,608.176 billion (2024)
Historic Low: ₱61.152 billion (1981)
Related Series
Data Categories National Accounts National Income & Product Accounts Gross Domestic Product By Expenditure
Annual Imports of Goods and Services
In Billion Pesos, at Current Prices
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Table

Units: Billion Pesos (₱)

Frequency: Annual

Notes:

This series represents the annual total of imports of goods and services at current prices. Imports of goods are derived from monthly Foreign Trade Statistics (FTS) data, classified using the 2015 Philippine Standard Commodity Classification (PSCC). To align with national accounts concepts, replacement and returned goods, articles temporarily imported, and goods on consignment basis are excluded. FTS data, valued at FOB (free on board), are converted to Philippine peso using monthly average buying and selling exchange rates. Imports of services are derived from Balance of Payments data from the Bangko Sentral ng Pilipinas.1

Suggested Citation: Philippine Statistics Authority. Annual Imports of Goods and Services, at Current Prices. EconStat®. Accessed July 17, 2026. http://econstat.net/category/national-accounts/B1/series/GDPEXP-M/.

References:

  1. Philippine Statistics Authority. Technical Notes on the National Accounts of the Philippines. https://psa.gov.ph/statistics/national-accounts/technical-notes ↩