Terms of trade adjustment (constant LCU), annual growth rate in Philippines

Philippines: Terms of trade adjustment (constant LCU), annual growth rate was -9.96 % change on previous year in 2025. ◆ Volatile

Latest (2025)
-9.96 % change on previous year
Change on year
up 8.4%
World rank
119th
of 178 countries
All-time high
307.16 % change on previous year
in 1988
All-time low
-731.5 % change on previous year
in 2021
Years of data
41
1982–2025

Terms of trade adjustment (constant LCU), annual growth rate in Philippines, 1982–2025

-750-500-25002501982200320251982: 32.9 % change on previous year1983: -119.3 % change on previous year1984: -6.7 % change on previous year1985: 98 % change on previous year1986: 171 % change on previous year1988: 307.2 % change on previous year1989: -52.4 % change on previous year1990: -64.1 % change on previous year1991: 110.7 % change on previous year1992: -38.7 % change on previous year1993: -156 % change on previous year1994: 198.5 % change on previous year1995: 142.6 % change on previous year1996: 72.3 % change on previous year1997: -79.8 % change on previous year1999: 27.6 % change on previous year2000: 33.1 % change on previous year2001: 1.7 % change on previous year2002: -0.136 % change on previous year2003: 1.8 % change on previous year2004: -18.9 % change on previous year2005: -14.7 % change on previous year2006: -8.1 % change on previous year2007: -4.3 % change on previous year2008: -7.2 % change on previous year2009: 39 % change on previous year2010: 28 % change on previous year2011: -58.2 % change on previous year2012: 15 % change on previous year2013: 42 % change on previous year2014: 23 % change on previous year2015: -12.6 % change on previous year2016: -34 % change on previous year2017: -13.2 % change on previous year2018: -100 % change on previous year2020: 71 % change on previous year2021: -731.5 % change on previous year2022: -50.4 % change on previous year2023: 7.7 % change on previous year2024: -10.9 % change on previous year2025: -10 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Philippines recorded -9.96 % change on previous year for terms of trade adjustment (constant lcu), annual growth rate in 2025.

That represents a change of up 8.4% on the previous year and up 20.9% over ten years.

Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Philippines peaked at 307.16 % change on previous year in 1988 and was at its lowest, -731.5 % change on previous year, in 2021.

That places Philippines 119th out of 178 countries with data for 2025, putting it in the middle of the range.

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

Terms of trade adjustment (constant LCU), annual growth rate in Philippines, year by year

Annual values for Terms of trade adjustment (constant LCU), annual growth rate in Philippines, 1982 to 2025.
Year % change on previous year Change
1982 32.91 % change on previous year
1983 -119.3 % change on previous year -462.5%
1984 -6.74 % change on previous year -94.4%
1985 98.02 % change on previous year -1555.0%
1986 171.04 % change on previous year +74.5%
1988 307.16 % change on previous year +79.6%
1989 -52.44 % change on previous year -117.1%
1990 -64.09 % change on previous year +22.2%
1991 110.7 % change on previous year -272.7%
1992 -38.74 % change on previous year -135.0%
1993 -155.96 % change on previous year +302.6%
1994 198.46 % change on previous year -227.2%
1995 142.58 % change on previous year -28.2%
1996 72.26 % change on previous year -49.3%
1997 -79.85 % change on previous year -210.5%
1999 27.57 % change on previous year -134.5%
2000 33.06 % change on previous year +19.9%
2001 1.72 % change on previous year -94.8%
2002 -0.136 % change on previous year -107.9%
2003 1.79 % change on previous year -1413.6%
2004 -18.86 % change on previous year -1155.7%
2005 -14.71 % change on previous year -22.0%
2006 -8.06 % change on previous year -45.2%
2007 -4.28 % change on previous year -46.9%
2008 -7.22 % change on previous year +68.6%
2009 39.04 % change on previous year -640.9%
2010 28 % change on previous year -28.3%
2011 -58.22 % change on previous year -307.9%
2012 14.98 % change on previous year -125.7%
2013 41.98 % change on previous year +180.2%
2014 22.98 % change on previous year -45.3%
2015 -12.59 % change on previous year -154.8%
2016 -33.98 % change on previous year +169.9%
2017 -13.19 % change on previous year -61.2%
2018 -100 % change on previous year +658.2%
2020 71.02 % change on previous year -171.0%
2021 -731.5 % change on previous year -1130.0%
2022 -50.42 % change on previous year -93.1%
2023 7.69 % change on previous year -115.2%
2024 -10.88 % change on previous year -241.6%
2025 -9.96 % change on previous year -8.4%

Philippines compared with similar countries

  • Philippines's -9.96 % change on previous year is below the median for upper middle income countries, which is 4.12 % change on previous year. (48 countries reporting)
  • Philippines's -9.96 % change on previous year is below the median for East Asia & Pacific, which is 12.8 % change on previous year. (28 countries reporting)

Biggest year-on-year movements

Years where Terms of trade adjustment (constant LCU), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1985 +1555.0% -6.74 % change on previous year 98.02 % change on previous year
2003 +1413.6% -0.136 % change on previous year 1.79 % change on previous year
2004 -1155.7% 1.79 % change on previous year -18.86 % change on previous year
2021 -1130.0% 71.02 % change on previous year -731.5 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s 61.52 % change on previous year -119.3 % change on previous year 307.16 % change on previous year 7
1990s 23.66 % change on previous year -155.96 % change on previous year 198.46 % change on previous year 9
2000s 2.23 % change on previous year -18.86 % change on previous year 39.04 % change on previous year 10
2010s -12.23 % change on previous year -100 % change on previous year 41.98 % change on previous year 9
2020s -120.68 % change on previous year -731.5 % change on previous year 71.02 % change on previous year 6

Countries ranked near Philippines

  1. 116 North Macedonia -8.37 % change on previous year compare
  2. 117 Kyrgyzstan -8.68 % change on previous year compare
  3. 118 Norway -8.85 % change on previous year compare
  4. 120 Canada -10.72 % change on previous year compare
  5. 121 Democratic Republic of Congo -14.31 % change on previous year compare
  6. 122 Greece -15.03 % change on previous year 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 (constant lcu), annual growth rate in Philippines?
Terms of trade adjustment (constant lcu), annual growth rate in Philippines was -9.96 % change on previous year in 2025, according to Statizoid (derived).
What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Philippines?
The highest recorded value was 307.16 % change on previous year in 1988.
What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Philippines?
The lowest recorded value was -731.5 % change on previous year in 2021.
How does Philippines rank for terms of trade adjustment (constant lcu), annual growth rate?
Philippines ranks 119th out of 178 countries with data for 2025.
Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Philippines?
Over the last ten years it is up 20.9%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Terms of trade adjustment (constant LCU), annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/philippines/

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<a href="https://economy.statizoid.com/stat/terms-of-trade-adjustment-constant-lcu-annual-growth-rate/philippines/">Terms of trade adjustment (constant LCU), annual growth rate in Philippines</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Terms of trade adjustment (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
178 places, 7,062 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.