Philippines vs Sub-Saharan Africa (SSA): Secondary income balance (credit less debit), Net (credits less)

Philippines
31.69 billion
in 2024
Sub-Saharan Africa (SSA)
71.04 billion
in 2024
Philippines rank
4th
Sub-Saharan Africa (SSA) rank
4th

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

  • Philippines
  • Sub-Saharan Africa (SSA)
20.0B40.0B60.0B80.0B200520142024

How they compare

Sub-Saharan Africa (SSA) currently reports 71.04 billion against 31.69 billion in Philippines, a difference of 39.36 billion.

That makes Sub-Saharan Africa (SSA)'s figure about 2.2 times Philippines's.

Across all 20 years both countries report, Sub-Saharan Africa (SSA) has been ahead every year.

Philippines ranks 4th and Sub-Saharan Africa (SSA) ranks 4th of 197 countries.

Sub-Saharan Africa (SSA) has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Philippines Sub-Saharan Africa (SSA) Difference Ahead
2000s 14.32 billion 35.97 billion 21.65 billion Sub-Saharan Africa (SSA)
2010s 22.84 billion 50.52 billion 27.67 billion Sub-Saharan Africa (SSA)
2020s 30.06 billion 62.82 billion 32.76 billion Sub-Saharan Africa (SSA)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income balance (credit less debit), net (credits less), Philippines or Sub-Saharan Africa (SSA)?
Sub-Saharan Africa (SSA), at 71.04 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 Philippines and Sub-Saharan Africa (SSA)?
39.36 billion, with Sub-Saharan Africa (SSA) ahead.
How many years of comparable data are there for Philippines and Sub-Saharan Africa (SSA)?
20 years are reported by both, from 2005 to 2024.
How do Philippines and Sub-Saharan Africa (SSA) rank globally for secondary income balance (credit less debit), net (credits less)?
Philippines ranks 4th and Sub-Saharan Africa (SSA) 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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Philippines vs Sub-Saharan Africa (SSA): Secondary income balance (credit less debit), Net (credits less). Statizoid, drawing on International Monetary Fund. Retrieved 11 September 2026, from https://financial-sector.statizoid.com/compare/secondary-income-balance-credit-less-debit-net-credits-less-debits-us-dollar/philippines/sub-saharan-africa-ssa/

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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.