Secondary income, Credit/Revenue in Philippines
Philippines: Secondary income, Credit/Revenue was 32.88 billion in 2024. ▲ Rising
Secondary income, Credit/Revenue in Philippines, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income, credit/revenue in Philippines is 32.88 billion, measured in 2024. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 2.0% on the previous year and up 40.2% over ten years.
Over the whole period, secondary income, credit/revenue in Philippines peaked at 32.88 billion in 2024 and was at its lowest, 11.82 billion, in 2005.
Philippines ranks 11th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income, Credit/Revenue in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 11.82 billion | — |
| 2006 | 13.48 billion | +14.1% |
| 2007 | 14.63 billion | +8.5% |
| 2008 | 16.04 billion | +9.6% |
| 2009 | 16.97 billion | +5.8% |
| 2010 | 17.97 billion | +5.9% |
| 2011 | 19.04 billion | +6.0% |
| 2012 | 20.06 billion | +5.3% |
| 2013 | 21.68 billion | +8.1% |
| 2014 | 23.45 billion | +8.1% |
| 2015 | 24.09 billion | +2.7% |
| 2016 | 25.41 billion | +5.5% |
| 2017 | 26.90 billion | +5.8% |
| 2018 | 27.61 billion | +2.6% |
| 2019 | 28.75 billion | +4.1% |
| 2020 | 28.24 billion | -1.8% |
| 2021 | 30.45 billion | +7.8% |
| 2022 | 31.38 billion | +3.0% |
| 2023 | 32.22 billion | +2.7% |
| 2024 | 32.88 billion | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.59 billion | 11.82 billion | 16.97 billion | 5 |
| 2010s | 23.49 billion | 17.97 billion | 28.75 billion | 10 |
| 2020s | 31.03 billion | 28.24 billion | 32.88 billion | 5 |
Countries ranked near Philippines
More financial sector data for Philippines
- Net domestic credit (current LCU), per capita 194,178 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 46.56 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.49 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 149.63 million SDR (2025)
- Gold reserves at market value 13.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 63.95 billion SDR (2025)
- Reserves excluding gold 67.36 billion SDR (2025)
- Total reserves (gold at market value) 81.00 billion SDR (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
Frequently asked questions
- What is secondary income, credit/revenue in Philippines?
- Secondary income, credit/revenue in Philippines was 32.88 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income, credit/revenue recorded in Philippines?
- The highest recorded value was 32.88 billion in 2024.
- What is the lowest secondary income, credit/revenue recorded in Philippines?
- The lowest recorded value was 11.82 billion in 2005.
- How does Philippines rank for secondary income, credit/revenue?
- Philippines ranks 11th out of 198 countries with data for 2024.
- Is secondary income, credit/revenue rising or falling in Philippines?
- Over the last ten years it is up 40.2%. 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 Secondary income, Credit/Revenue (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.