Current account balance in Philippines
Philippines: Current account balance was -16.29 billion BoP, current US$ in 2025. ◆ Volatile
Current account balance in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Philippines recorded -16.29 billion BoP, current US$ for current account balance in 2025.
Compared with earlier readings it is up 12.3% on the previous year and down 324.2% over ten years.
Over the whole period, current account balance in Philippines peaked at 11.58 billion BoP, current US$ in 2020 and was at its lowest, -18.57 billion BoP, current US$, in 2024.
Philippines ranks 190th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.11 billion BoP, current US$ | -1.50 billion BoP, current US$ | -754.00 million BoP, current US$ | 3 |
| 1980s | -1.26 billion BoP, current US$ | -3.20 billion BoP, current US$ | 952.00 million BoP, current US$ | 10 |
| 1990s | -2.23 billion BoP, current US$ | -4.35 billion BoP, current US$ | 1.55 billion BoP, current US$ | 10 |
| 2000s | 2.33 billion BoP, current US$ | -2.23 billion BoP, current US$ | 8.45 billion BoP, current US$ | 10 |
| 2010s | 3.39 billion BoP, current US$ | -8.88 billion BoP, current US$ | 11.38 billion BoP, current US$ | 10 |
| 2020s | -9.98 billion BoP, current US$ | -18.57 billion BoP, current US$ | 11.58 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 187 Egypt -13.94 billion BoP, current US$ compare
- 188 Belgium -14.02 billion BoP, current US$ compare
- 189 Ukraine -15.19 billion BoP, current US$ compare
- 191 India -16.49 billion BoP, current US$ compare
- 192 Greece -18.22 billion BoP, current US$ compare
- 193 Canada -22.01 billion BoP, current US$ compare
More economy & growth data for Philippines
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
- Net primary income (Net income from abroad) 72.84 billion current US$ (2025)
- GNI per capita 275,706 current LCU (2025)
- GNI per capita, Atlas method 4,850 current US$ (2025)
- GNI 32.20 trillion current LCU (2025)
- GNI 559.93 billion current US$ (2025)
- GNI, Atlas method 566.82 billion current US$ (2025)
Frequently asked questions
- What is current account balance in Philippines?
- Current account balance in Philippines was -16.29 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Philippines?
- The highest recorded value was 11.58 billion BoP, current US$ in 2020.
- What is the lowest current account balance recorded in Philippines?
- The lowest recorded value was -18.57 billion BoP, current US$ in 2024.
- How does Philippines rank for current account balance?
- Philippines ranks 190th out of 199 countries with data for 2025.
- Is current account balance rising or falling in Philippines?
- Over the last ten years it is down 324.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.