External balance on goods and services in Philippines
Philippines: External balance on goods and services was -3.84 trillion current LCU in 2025. ◆ Volatile
External balance on goods and services in Philippines, 1981–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Philippines stood at -3.84 trillion current LCU. That is the lowest value across all 45 years on record.
Compared with earlier readings it is down 0.8% on the previous year and down 482.1% over ten years.
Over the whole period, external balance on goods and services in Philippines peaked at 171.56 billion current LCU in 2007 and was at its lowest, -3.84 trillion current LCU, in 2025.
Philippines ranks 176th of 192 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 |
|---|---|---|---|---|
| 1980s | -4.69 billion current LCU | -20.53 billion current LCU | 16.57 billion current LCU | 9 |
| 1990s | -93.17 billion current LCU | -195.70 billion current LCU | -11.35 billion current LCU | 10 |
| 2000s | -45.73 billion current LCU | -184.82 billion current LCU | 171.56 billion current LCU | 10 |
| 2010s | -933.56 billion current LCU | -2.36 trillion current LCU | -33.33 billion current LCU | 10 |
| 2020s | -3.04 trillion current LCU | -3.84 trillion current LCU | -1.39 trillion current LCU | 6 |
Countries ranked near Philippines
More economy & growth data for Philippines
- External balance on goods and services as a percent of GDP -13.7% (2025)
- Inflation of consumer prices 1.7% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.3% (2025)
- Gross domestic product (GDP) 474.84 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,066 constant 2015 US$ (2025)
- 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)
Frequently asked questions
- What is external balance on goods and services in Philippines?
- External balance on goods and services in Philippines was -3.84 trillion current 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 171.56 billion current LCU in 2007.
- What is the lowest external balance on goods and services recorded in Philippines?
- The lowest recorded value was -3.84 trillion current LCU in 2025.
- How does Philippines rank for external balance on goods and services?
- Philippines ranks 176th out of 192 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 482.1%. The long-run trend across the full record is volatile.
- 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.