India vs Philippines: Secondary income balance (credit less debit), Net (credits less)

India
120.71 billion
in 2024
Philippines
31.69 billion
in 2024
India rank
1st
Philippines rank
4th

Secondary income balance (credit less debit), Net (credits less) over time

  • India
  • Philippines
025.0B50.0B75.0B100.0B125.0B200520142024

How they compare

India currently reports 120.71 billion against 31.69 billion in Philippines, a difference of 89.02 billion.

That makes India's figure about 3.8 times Philippines's.

Across all 20 years both countries report, India has been ahead every year.

India ranks 1st and Philippines ranks 4th of 197 countries.

India has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade India Philippines Difference Ahead
2000s 37.40 billion 14.32 billion 23.08 billion India
2010s 63.28 billion 22.84 billion 40.43 billion India
2020s 94.26 billion 30.06 billion 64.20 billion India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income balance (credit less debit), net (credits less), India or Philippines?
India, at 120.71 billion against 31.69 billion in Philippines as of 2024.
What is the difference in secondary income balance (credit less debit), net (credits less) between India and Philippines?
89.02 billion, with India ahead.
How many years of comparable data are there for India and Philippines?
20 years are reported by both, from 2005 to 2024.
How do India and Philippines rank globally for secondary income balance (credit less debit), net (credits less)?
India ranks 1st and Philippines ranks 4th of 197 countries.
Where does this data come from?
International Monetary Fund, published as Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Philippines: Secondary income balance (credit less debit), Net (credits less). Statizoid, drawing on International Monetary Fund. Retrieved 05 September 2026, from https://financial-sector.statizoid.com/compare/secondary-income-balance-credit-less-debit-net-credits-less-debits-us-dollar/india/philippines/

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About this data

Indicator
Secondary income balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.