External balance on goods and services in Philippines
Philippines: External balance on goods and services was -2.31 trillion constant LCU in 2025. ▼ Falling
External balance on goods and services in Philippines, 2018–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Philippines recorded -2.31 trillion constant LCU for external balance on goods and services in 2025.
The figure is up 3.0% on the previous year and down 7.9% over ten years.
Philippines ranks 147th of 161 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -2.16 trillion constant LCU | -2.18 trillion constant LCU | -2.14 trillion constant LCU | 2 |
| 2020s | -2.06 trillion constant LCU | -2.38 trillion constant LCU | -1.40 trillion constant LCU | 6 |
Countries ranked near Philippines
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 external balance on goods and services in Philippines?
- External balance on goods and services in Philippines was -2.31 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Philippines?
- The highest recorded value was -1.40 trillion constant LCU in 2020.
- What is the lowest external balance on goods and services recorded in Philippines?
- The lowest recorded value was -2.38 trillion constant LCU in 2024.
- How does Philippines rank for external balance on goods and services?
- Philippines ranks 147th out of 161 countries with data for 2025.
- Is external balance on goods and services rising or falling in Philippines?
- Over the last ten years it is down 7.9%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.