Capital account balance (credit less debit), Net (credits less debits) in Philippines
Philippines: Capital account balance (credit less debit), Net (credits less debits) was 72.29 million in 2024. ▼ Falling
Capital account balance (credit less debit), Net (credits less debits) in Philippines, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, capital account balance (credit less debit), net (credits less debits) in Philippines stood at 72.29 million.
The figure is down 2.9% on the previous year and down 33.0% over ten years.
Over the whole period, capital account balance (credit less debit), net (credits less debits) in Philippines peaked at 159.88 million in 2011 and was at its lowest, 23.40 million, in 2022.
Philippines ranks 80th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Capital account balance (credit less debit), Net (credits less debits) in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 79.27 million | — |
| 2006 | 103.11 million | +30.1% |
| 2007 | 36.44 million | -64.7% |
| 2008 | 110.06 million | +202.0% |
| 2009 | 89.88 million | -18.3% |
| 2010 | 88.49 million | -1.5% |
| 2011 | 159.88 million | +80.7% |
| 2012 | 94.82 million | -40.7% |
| 2013 | 133.80 million | +41.1% |
| 2014 | 107.89 million | -19.4% |
| 2015 | 84.27 million | -21.9% |
| 2016 | 62.09 million | -26.3% |
| 2017 | 69.24 million | +11.5% |
| 2018 | 64.86 million | -6.3% |
| 2019 | 126.95 million | +95.7% |
| 2020 | 63.22 million | -50.2% |
| 2021 | 79.87 million | +26.3% |
| 2022 | 23.40 million | -70.7% |
| 2023 | 74.46 million | +218.2% |
| 2024 | 72.29 million | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 83.75 million | 36.44 million | 110.06 million | 5 |
| 2010s | 99.23 million | 62.09 million | 159.88 million | 10 |
| 2020s | 62.65 million | 23.40 million | 79.87 million | 5 |
Countries ranked near Philippines
More financial sector data for Philippines
- Total reserves (gold at national valuation) (SDR), annual growth rate -0.6712 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
- Total reserves in months of imports, annual growth rate -0.1559 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -8.19 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1313 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 547.61 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -7.77 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 576.82 SDR per person (2025)
Frequently asked questions
- What is capital account balance (credit less debit), net (credits less debits) in Philippines?
- Capital account balance (credit less debit), net (credits less debits) in Philippines was 72.29 million in 2024, according to International Monetary Fund.
- What is the highest capital account balance (credit less debit), net (credits less debits) recorded in Philippines?
- The highest recorded value was 159.88 million in 2011.
- What is the lowest capital account balance (credit less debit), net (credits less debits) recorded in Philippines?
- The lowest recorded value was 23.40 million in 2022.
- How does Philippines rank for capital account balance (credit less debit), net (credits less debits)?
- Philippines ranks 80th out of 193 countries with data for 2024.
- Is capital account balance (credit less debit), net (credits less debits) rising or falling in Philippines?
- Over the last ten years it is down 33.0%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Capital account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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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.