Panama vs Philippines: Services balance (credit less debit), Net (credits less debits)
Panama
12.52 billion
in 2024
Philippines
13.97 billion
in 2024
Panama rank
21st
Philippines rank
18th
Services balance (credit less debit), Net (credits less debits) over time
- Panama
- Philippines
How they compare
Philippines currently reports 13.97 billion against 12.52 billion in Panama, a difference of 1.45 billion.
That makes Philippines's figure about 1.1 times Panama's.
The two have swapped places 4 times across 20 shared years of data; in 2005 it was Philippines ahead.
Panama ranks 21st and Philippines ranks 18th of 197 countries.
Philippines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Panama | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 2.69 billion | 3.89 billion | 1.20 billion | Philippines |
| 2010s | 6.62 billion | 7.59 billion | 971.85 million | Philippines |
| 2020s | 9.15 billion | 15.19 billion | 6.04 billion | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services balance (credit less debit), net (credits less debits), Panama or Philippines?
- Philippines, at 13.97 billion against 12.52 billion in Panama as of 2024.
- What is the difference in services balance (credit less debit), net (credits less debits) between Panama and Philippines?
- 1.45 billion, with Philippines ahead.
- How many years of comparable data are there for Panama and Philippines?
- 20 years are reported by both, from 2005 to 2024.
- How do Panama and Philippines rank globally for services balance (credit less debit), net (credits less debits)?
- Panama ranks 21st and Philippines ranks 18th of 197 countries.
- Where does this data come from?
- International Monetary Fund, published as Services 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.