India vs Philippines: Current account balance
Current account balance over time
- India
- Philippines
How they compare
Philippines currently reports -16.29 billion BoP, current US$ against -16.49 billion BoP, current US$ in India, a difference of 200.40 million BoP, current US$.
The two have swapped places 11 times across 49 shared years of data; in 1977 it was India ahead.
India ranks 190th and Philippines ranks 189th of 198 countries.
Across the 6 decades both report, India averaged higher in 1 and Philippines in 5.
Head to head by decade
| Decade | India | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 953.99 million BoP, current US$ | -1.11 billion BoP, current US$ | 2.07 billion BoP, current US$ | India |
| 1980s | -3.91 billion BoP, current US$ | -1.26 billion BoP, current US$ | 2.65 billion BoP, current US$ | Philippines |
| 1990s | -4.40 billion BoP, current US$ | -2.23 billion BoP, current US$ | 2.17 billion BoP, current US$ | Philippines |
| 2000s | -7.14 billion BoP, current US$ | 2.33 billion BoP, current US$ | 9.47 billion BoP, current US$ | Philippines |
| 2010s | -45.30 billion BoP, current US$ | 3.39 billion BoP, current US$ | 48.70 billion BoP, current US$ | Philippines |
| 2020s | -26.70 billion BoP, current US$ | -9.98 billion BoP, current US$ | 16.72 billion BoP, current US$ | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher current account balance, India or Philippines?
- Philippines, at -16.29 billion BoP, current US$ against -16.49 billion BoP, current US$ in India as of 2025.
- What is the difference in current account balance between India and Philippines?
- 200.40 million BoP, current US$, with Philippines ahead.
- How many years of comparable data are there for India and Philippines?
- 49 years are reported by both, from 1977 to 2025.
- How do India and Philippines rank globally for current account balance?
- India ranks 190th and Philippines ranks 189th of 198 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Current account balance (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.