Primary income balance (credit less debit), Net (credits less debits) in Philippines
Philippines: Primary income balance (credit less debit), Net (credits less debits) was 4.95 billion in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Philippines, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for primary income balance (credit less debit), net (credits less debits) in Philippines is 4.95 billion, measured in 2024.
Compared with earlier readings it is up 13.9% on the previous year and up 579.9% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Philippines peaked at 5.28 billion in 2019 and was at its lowest, 197.24 million, in 2012.
Philippines ranks 12th of 197 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income balance (credit less debit), Net (credits less debits) in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 354.07 million | — |
| 2006 | 701.64 million | +98.2% |
| 2007 | 1.63 billion | +132.9% |
| 2008 | 1.10 billion | -32.7% |
| 2009 | 840.67 million | -23.6% |
| 2010 | 677.46 million | -19.4% |
| 2011 | 941.75 million | +39.0% |
| 2012 | 197.24 million | -79.1% |
| 2013 | 957.32 million | +385.4% |
| 2014 | 727.45 million | -24.0% |
| 2015 | 1.86 billion | +155.3% |
| 2016 | 2.58 billion | +38.9% |
| 2017 | 3.23 billion | +25.1% |
| 2018 | 3.67 billion | +13.7% |
| 2019 | 5.28 billion | +43.8% |
| 2020 | 4.10 billion | -22.3% |
| 2021 | 3.32 billion | -19.0% |
| 2022 | 4.95 billion | +48.9% |
| 2023 | 4.34 billion | -12.3% |
| 2024 | 4.95 billion | +13.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 926.16 million | 354.07 million | 1.63 billion | 5 |
| 2010s | 2.01 billion | 197.24 million | 5.28 billion | 10 |
| 2020s | 4.33 billion | 3.32 billion | 4.95 billion | 5 |
Countries ranked near Philippines
More financial sector data for Philippines
- 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)
- Total reserves (gold at market value) (SDR), annual growth rate -0.5283 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 693.56 SDR per person (2025)
Frequently asked questions
- What is primary income balance (credit less debit), net (credits less debits) in Philippines?
- Primary income balance (credit less debit), net (credits less debits) in Philippines was 4.95 billion in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Philippines?
- The highest recorded value was 5.28 billion in 2019.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Philippines?
- The lowest recorded value was 197.24 million in 2012.
- How does Philippines rank for primary income balance (credit less debit), net (credits less debits)?
- Philippines ranks 12th out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Philippines?
- Over the last ten years it is up 579.9%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.