Home/Countries/Philippines/Taxes on International Trade (% of revenue)

PhilippinesTaxes on International Trade (% of revenue)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #7 of 116Updated April 2026
Latest Value
23.1%
2023
YoY Change
-5.1%
20222023
Global Rank
#7
of 116 countries
Maximum
24.3%
2022
Minimum
16.6%
2003
CAGR
+1.0%
24 years
Last
23.1%
Previous
24.3%
Highest
24.3%
Lowest
16.6%
Source
World Bank World Development Indicators

Philippines's taxes on international trade (% of revenue) was 23.1% in 2023, ranking #7 out of 116 countries. This represents a -5.1% change from 2022. Over the past 24 years, the highest recorded value was 24.3% (2022) and the lowest was 16.6% (2003). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
202323.1%-5.1%
202224.3%+13.6%
202121.4%+13.7%
202018.8%-6.3%
201920.1%-4.0%
201820.9%+12.9%
201718.5%+2.7%
201618.1%+0.5%
201518.0%-7.3%
201419.4%+8.8%
201317.8%-6.3%
201219.0%-2.6%
201119.5%-9.1%
201021.5%+9.4%
200919.6%-11.6%
200822.2%+11.0%
200720.0%-1.6%
200620.3%+16.0%
200517.5%+1.0%
200417.3%+4.2%
200316.6%-0.2%
200216.7%-4.4%
200117.5%-4.8%
200018.3%

Top Countries — Taxes on International Trade (% of revenue)

#CountryValueYear
1Eswatini35.5%2021
2Botswana32.6%2024
3Namibia30.6%2023
4Solomon Islands27.6%2022
5Cote d'Ivoire25.5%2023
6Bahamas, The23.7%2023
7Philippines23.1%2023
8Gabon19.8%2021
9Somalia, Fed. Rep.18.5%2024
10Ethiopia18.5%2024
View all 116 countries →