Total current account credit/revenue, Credit/Revenue in Philippines
Philippines: Total current account credit/revenue, Credit/Revenue was 157.25 billion in 2024. ▲ Rising
Total current account credit/revenue, Credit/Revenue in Philippines, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, total current account credit/revenue, credit/revenue in Philippines stood at 157.25 billion. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 3.3% on the previous year and up 46.2% over ten years.
Over the whole period, total current account credit/revenue, credit/revenue in Philippines peaked at 157.25 billion in 2024 and was at its lowest, 50.33 billion, in 2005.
Philippines ranks 39th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account credit/revenue, Credit/Revenue in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 50.33 billion | — |
| 2006 | 61.36 billion | +21.9% |
| 2007 | 68.33 billion | +11.4% |
| 2008 | 70.77 billion | +3.6% |
| 2009 | 66.60 billion | -5.9% |
| 2010 | 79.21 billion | +18.9% |
| 2011 | 83.84 billion | +5.8% |
| 2012 | 95.14 billion | +13.5% |
| 2013 | 97.89 billion | +2.9% |
| 2014 | 107.55 billion | +9.9% |
| 2015 | 105.85 billion | -1.6% |
| 2016 | 108.91 billion | +2.9% |
| 2017 | 124.13 billion | +14.0% |
| 2018 | 129.98 billion | +4.7% |
| 2019 | 136.89 billion | +5.3% |
| 2020 | 119.87 billion | -12.4% |
| 2021 | 130.08 billion | +8.5% |
| 2022 | 143.23 billion | +10.1% |
| 2023 | 152.17 billion | +6.2% |
| 2024 | 157.25 billion | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 63.48 billion | 50.33 billion | 70.77 billion | 5 |
| 2010s | 106.94 billion | 79.21 billion | 136.89 billion | 10 |
| 2020s | 140.52 billion | 119.87 billion | 157.25 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 total current account credit/revenue, credit/revenue in Philippines?
- Total current account credit/revenue, credit/revenue in Philippines was 157.25 billion in 2024, according to International Monetary Fund.
- What is the highest total current account credit/revenue, credit/revenue recorded in Philippines?
- The highest recorded value was 157.25 billion in 2024.
- What is the lowest total current account credit/revenue, credit/revenue recorded in Philippines?
- The lowest recorded value was 50.33 billion in 2005.
- How does Philippines rank for total current account credit/revenue, credit/revenue?
- Philippines ranks 39th out of 197 countries with data for 2024.
- Is total current account credit/revenue, credit/revenue rising or falling in Philippines?
- Over the last ten years it is up 46.2%. 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 Total current account credit/revenue, 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.