Primary income, Credit/Revenue (US dollar) in Philippines
Philippines: Primary income, Credit/Revenue (US dollar) was 17.73 billion in 2024. ▲ Rising
Primary income, Credit/Revenue in Philippines, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, primary income, credit/revenue in Philippines stood at 17.73 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 8.3% on the previous year and up 101.9% over ten years.
Over the whole period, primary income, credit/revenue in Philippines peaked at 17.73 billion in 2024 and was at its lowest, 4.74 billion, in 2005.
That places Philippines 40th out of 198 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Primary income, Credit/Revenue (US dollar) in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.74 billion | — |
| 2006 | 6.08 billion | +28.2% |
| 2007 | 7.39 billion | +21.7% |
| 2008 | 7.00 billion | -5.2% |
| 2009 | 6.40 billion | -8.6% |
| 2010 | 6.69 billion | +4.4% |
| 2011 | 7.64 billion | +14.2% |
| 2012 | 8.26 billion | +8.1% |
| 2013 | 8.36 billion | +1.2% |
| 2014 | 8.78 billion | +5.0% |
| 2015 | 9.50 billion | +8.2% |
| 2016 | 9.56 billion | +0.6% |
| 2017 | 10.58 billion | +10.8% |
| 2018 | 12.00 billion | +13.4% |
| 2019 | 13.40 billion | +11.7% |
| 2020 | 11.59 billion | -13.5% |
| 2021 | 11.83 billion | +2.1% |
| 2022 | 13.02 billion | +10.1% |
| 2023 | 16.37 billion | +25.7% |
| 2024 | 17.73 billion | +8.3% |
Philippines compared with similar countries
- Philippines's 17.73 billion is above the median for upper middle income countries, which is 1.21 billion, 14.6× the median. (54 countries reporting)
- Philippines's 17.73 billion is above the median for East Asia & Pacific, which is 632.47 million, 28.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.32 billion | 4.74 billion | 7.39 billion | 5 |
| 2010s | 9.48 billion | 6.69 billion | 13.40 billion | 10 |
| 2020s | 14.11 billion | 11.59 billion | 17.73 billion | 5 |
Countries ranked near Philippines
More financial sector data for Philippines
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (2025)
Frequently asked questions
- What is primary income, credit/revenue in Philippines?
- Primary income, credit/revenue in Philippines was 17.73 billion in 2024, according to International Monetary Fund.
- What is the highest primary income, credit/revenue recorded in Philippines?
- The highest recorded value was 17.73 billion in 2024.
- What is the lowest primary income, credit/revenue recorded in Philippines?
- The lowest recorded value was 4.74 billion in 2005.
- How does Philippines rank for primary income, credit/revenue?
- Philippines ranks 40th out of 198 countries with data for 2024.
- Is primary income, credit/revenue rising or falling in Philippines?
- Over the last ten years it is up 101.9%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Primary income, Credit/Revenue (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.