Philippines vs Western Hemisphere: Secondary income balance (credit less debit), Net (credits less)
Philippines
31.69 billion
in 2024
Western Hemisphere
173.62 billion
in 2024
Philippines rank
4th
Western Hemisphere rank
3rd
Secondary income balance (credit less debit), Net (credits less) over time
- Philippines
- Western Hemisphere
How they compare
Western Hemisphere currently reports 173.62 billion against 31.69 billion in Philippines, a difference of 141.93 billion.
That makes Western Hemisphere's figure about 5.5 times Philippines's.
Across all 20 years both countries report, Western Hemisphere has been ahead every year.
Philippines ranks 4th and Western Hemisphere ranks 3rd of 197 countries.
Western Hemisphere has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Philippines | Western Hemisphere | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 14.32 billion | 62.56 billion | 48.24 billion | Western Hemisphere |
| 2010s | 22.84 billion | 74.79 billion | 51.94 billion | Western Hemisphere |
| 2020s | 30.06 billion | 144.99 billion | 114.93 billion | Western Hemisphere |
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 Western Hemisphere?
- Western Hemisphere, at 173.62 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 Western Hemisphere?
- 141.93 billion, with Western Hemisphere ahead.
- How many years of comparable data are there for Philippines and Western Hemisphere?
- 20 years are reported by both, from 2005 to 2024.
- How do Philippines and Western Hemisphere rank globally for secondary income balance (credit less debit), net (credits less)?
- Philippines ranks 4th and Western Hemisphere ranks 3rd 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.
Individual pages
About this data
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.