Trade balance in low carbon technology products, Percent of GDP in Philippines

Philippines: Trade balance in low carbon technology products, Percent of GDP was -0.545 in 2024. ◆ Volatile

Latest (2024)
-0.545
Change on year
up 18.7%
World rank
56th
of 177 countries
All-time high
1.63
in 2017
All-time low
-1.8
in 1998
Years of data
29
1996–2024

Trade balance in low carbon technology products, Percent of GDP in Philippines, 1996–2024

-2-10121996201020241996: -1.51997: -1.71998: -1.81999: -1.32000: -1.52001: -1.22002: -0.9962003: -12004: 0.8662005: 0.92006: 0.1172007: -0.3152008: -0.1272009: -0.0792010: -0.3742011: -0.2732012: 0.9472013: 0.4452014: 0.2922015: 0.0432016: -0.2732017: 1.62018: 1.32019: -0.7522020: -0.7122021: -0.6032022: -0.7032023: -0.672024: -0.545

Source: International Monetary Fund.

Analysis

Philippines recorded -0.545 for trade balance in low carbon technology products, percent of gdp in 2024.

Compared with earlier readings it is up 18.7% on the previous year and down 286.7% over ten years.

Over the whole period, trade balance in low carbon technology products, percent of gdp in Philippines peaked at 1.63 in 2017 and was at its lowest, -1.8, in 1998.

Philippines ranks 56th of 177 countries on this measure, in the middle of the range.

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

Trade balance in low carbon technology products, Percent of GDP in Philippines, year by year

Annual values for Trade balance in low carbon technology products, Percent of GDP (World) in Philippines, 1996 to 2024.
Year Value Change
1996 -1.48
1997 -1.71 +15.3%
1998 -1.8 +5.6%
1999 -1.32 -26.8%
2000 -1.5 +13.6%
2001 -1.25 -16.8%
2002 -0.9958 -20.2%
2003 -1.01 +1.8%
2004 0.8661 -185.4%
2005 0.9004 +4.0%
2006 0.1171 -87.0%
2007 -0.3152 -369.3%
2008 -0.1267 -59.8%
2009 -0.0793 -37.4%
2010 -0.3745 +372.2%
2011 -0.2732 -27.0%
2012 0.947 -446.6%
2013 0.4449 -53.0%
2014 0.2919 -34.4%
2015 0.0428 -85.3%
2016 -0.2729 -737.6%
2017 1.63 -695.8%
2018 1.27 -21.6%
2019 -0.7516 -159.0%
2020 -0.7118 -5.3%
2021 -0.603 -15.3%
2022 -0.7028 +16.6%
2023 -0.6702 -4.6%
2024 -0.545 -18.7%

Averages by decade

DecadeAverage LowestHighest Years
1990s -1.58 -1.8 -1.32 4
2000s -0.3394 -1.5 0.9004 10
2010s 0.2955 -0.7516 1.63 10
2020s -0.6466 -0.7118 -0.545 5

Countries ranked near Philippines

  1. 53 Colombia -0.524 compare
  2. 54 Cameroon -0.5387 compare
  3. 55 Guatemala -0.5394 compare
  4. 57 Nigeria -0.5459 compare
  5. 58 Saint Kitts and Nevis -0.5514 compare
  6. 59 Botswana -0.5588 compare

See the full ranking of 177 places →

More trade data for Philippines

All data for Philippines →

Frequently asked questions

What is trade balance in low carbon technology products, percent of gdp in Philippines?
Trade balance in low carbon technology products, percent of gdp in Philippines was -0.545 in 2024, according to International Monetary Fund.
What is the highest trade balance in low carbon technology products, percent of gdp recorded in Philippines?
The highest recorded value was 1.63 in 2017.
What is the lowest trade balance in low carbon technology products, percent of gdp recorded in Philippines?
The lowest recorded value was -1.8 in 1998.
How does Philippines rank for trade balance in low carbon technology products, percent of gdp?
Philippines ranks 56th out of 177 countries with data for 2024.
Is trade balance in low carbon technology products, percent of gdp rising or falling in Philippines?
Over the last ten years it is down 286.7%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from International Monetary Fund, published as part of Trade balance in low carbon technology products, Percent of GDP (World). Statizoid updates them automatically from the source API.

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Trade balance in low carbon technology products, Percent of GDP in Philippines. Statizoid, drawing on International Monetary Fund. Retrieved 11 September 2026, from https://trade.statizoid.com/stat/trade-balance-in-low-carbon-technology-products-percent-of-gdp-world/philippines/

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About this data

Indicator
Trade balance in low carbon technology products, Percent of GDP (World)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
177 places, 4,504 data points, 1994–2024
Last refreshed

This dataset provides information on the bilateral trade flows of low-carbon technology products, as well as country and world aggregates . Low carbon technology products produce less pollution than their traditional energy counterparts, and will play a vital role in the transition to a low carbon economy. Low carbon technologies include mechanics like wind turbines, solar panels, biomass systems and carbon capture equipment.