Least developed countries vs Philippines: Imports of goods, services and primary income
Imports of goods, services and primary income over time
- Least developed countries
- Philippines
How they compare
Least developed countries currently reports 500.33 billion BoP, current US$ against 181.55 billion BoP, current US$ in Philippines, a difference of 318.78 billion BoP, current US$.
That makes Least developed countries's figure about 2.8 times Philippines's.
The two have swapped places 2 times across 40 shared years of data; in 1985 it was Least developed countries ahead.
Least developed countries ranks 38th and Philippines ranks 38th of 47 groups.
Least developed countries has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Least developed countries | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 29.49 billion BoP, current US$ | 10.63 billion BoP, current US$ | 18.86 billion BoP, current US$ | Least developed countries |
| 1990s | 46.11 billion BoP, current US$ | 31.30 billion BoP, current US$ | 14.81 billion BoP, current US$ | Least developed countries |
| 2000s | 124.86 billion BoP, current US$ | 48.85 billion BoP, current US$ | 76.02 billion BoP, current US$ | Least developed countries |
| 2010s | 323.28 billion BoP, current US$ | 102.89 billion BoP, current US$ | 220.39 billion BoP, current US$ | Least developed countries |
| 2020s | 445.16 billion BoP, current US$ | 148.04 billion BoP, current US$ | 297.11 billion BoP, current US$ | Least developed countries |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher imports of goods, services and primary income, Least developed countries or Philippines?
- Least developed countries, at 500.33 billion BoP, current US$ against 181.55 billion BoP, current US$ in Philippines as of 2024.
- What is the difference in imports of goods, services and primary income between Least developed countries and Philippines?
- 318.78 billion BoP, current US$, with Least developed countries ahead.
- How many years of comparable data are there for Least developed countries and Philippines?
- 40 years are reported by both, from 1985 to 2024.
- How do Least developed countries and Philippines rank globally for imports of goods, services and primary income?
- Least developed countries ranks 38th and Philippines ranks 38th of 47 groups.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Imports of goods, services and primary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. Primary income represents the return that accrues to institutional units for their contribution to the production process or for the provision of financial assets and renting natural resources to other institutional units. 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.