Republic of Korea vs Philippines: Trade in services

Republic of Korea
17.9%
in 2025
Philippines
18.4%
in 2025
Republic of Korea rank
115th
Philippines rank
112th

Trade in services over time

  • Republic of Korea
  • Philippines
51015202530197620002025

How they compare

Philippines currently reports 18.4% against 17.9% in Republic of Korea, a difference of 0.5%.

The two have swapped places 3 times across 49 shared years of data; in 1977 it was Republic of Korea ahead.

Republic of Korea ranks 115th and Philippines ranks 112th of 200 countries.

Across the 6 decades both report, Republic of Korea averaged higher in 2 and Philippines in 4.

Head to head by decade

Decade Republic of Korea Philippines Difference Ahead
1970s 12.5% 7.4% 5.2% Republic of Korea
1980s 10.6% 9.0% 1.6% Republic of Korea
1990s 8.7% 17.0% 8.3% Philippines
2000s 12.3% 13.3% 1.0% Philippines
2010s 14.1% 16.1% 2.0% Philippines
2020s 14.9% 16.5% 1.6% Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher trade in services, Republic of Korea or Philippines?
Philippines, at 18.4% against 17.9% in Republic of Korea as of 2025.
What is the difference in trade in services between Republic of Korea and Philippines?
0.5%, with Philippines ahead.
How many years of comparable data are there for Republic of Korea and Philippines?
49 years are reported by both, from 1977 to 2025.
How do Republic of Korea and Philippines rank globally for trade in services?
Republic of Korea ranks 115th and Philippines ranks 112th of 200 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Trade in services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Philippines: Trade in services. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 09 September 2026, from https://economy.statizoid.com/compare/trade-in-services-percent-of-gdp/korea-rep/philippines/

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About this data

Indicator
Trade in services (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
247 places, 9,893 data points, 1960–2025
Last refreshed

Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.