External balance on goods and services in Philippines
Philippines: External balance on goods and services was -2.31 trillion constant LCU in 2025. βΌ Falling
External balance on goods and services in Philippines, 2018β2025
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
- 144 Bangladesh -1.98 trillion constant LCU compare
- 145 Kazakhstan, Republic of -2.08 trillion constant LCU compare
- 146 Cameroon -2.13 trillion constant LCU compare
- 148 Senegal -2.67 trillion constant LCU compare
- 149 Uganda -3.38 trillion constant LCU compare
- 150 Cambodia -3.91 trillion constant LCU compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0124 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 80.53 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 58.8 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.017 (2025)
- Gdp worldbank constant usd, annual growth rate 4.4 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.9749 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 4,066 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (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.
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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.