Imports of goods and services (BoP, current US$) in Philippines
Philippines: Imports of goods and services (BoP, current US$) was 168.69 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
168.69 billion BoP, current US$
Change on year
up 5.0%
World rank
36th
of 200 countries
All-time high
168.69 billion BoP, current US$
in 2025
All-time low
4.77 billion BoP, current US$
in 1977
Years of data
49
1977–2025
Imports of goods and services in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, imports of goods and services in Philippines stood at 168.69 billion BoP, current US$. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 5.0% on the previous year and up 87.2% over ten years.
Over the whole period, imports of goods and services in Philippines peaked at 168.69 billion BoP, current US$ in 2025 and was at its lowest, 4.77 billion BoP, current US$, in 1977.
That places Philippines 36th out of 200 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services (BoP, current US$) in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 4.77 billion BoP, current US$ | — |
| 1978 | 5.73 billion BoP, current US$ | +20.1% |
| 1979 | 7.32 billion BoP, current US$ | +27.7% |
| 1980 | 9.17 billion BoP, current US$ | +25.2% |
| 1981 | 9.58 billion BoP, current US$ | +4.5% |
| 1982 | 9.49 billion BoP, current US$ | -0.9% |
| 1983 | 9.22 billion BoP, current US$ | -2.8% |
| 1984 | 7.26 billion BoP, current US$ | -21.2% |
| 1985 | 5.98 billion BoP, current US$ | -17.7% |
| 1986 | 5.89 billion BoP, current US$ | -1.5% |
| 1987 | 7.89 billion BoP, current US$ | +34.0% |
| 1988 | 9.47 billion BoP, current US$ | +20.0% |
| 1989 | 11.98 billion BoP, current US$ | +26.6% |
| 1990 | 13.97 billion BoP, current US$ | +16.6% |
| 1991 | 13.86 billion BoP, current US$ | -0.8% |
| 1992 | 16.83 billion BoP, current US$ | +21.5% |
| 1993 | 20.69 billion BoP, current US$ | +22.9% |
| 1994 | 25.99 billion BoP, current US$ | +25.6% |
| 1995 | 33.32 billion BoP, current US$ | +28.2% |
| 1996 | 41.31 billion BoP, current US$ | +24.0% |
| 1997 | 50.48 billion BoP, current US$ | +22.2% |
| 1998 | 39.63 billion BoP, current US$ | -21.5% |
| 1999 | 31.18 billion BoP, current US$ | -21.3% |
| 2000 | 35.30 billion BoP, current US$ | +13.2% |
| 2001 | 32.97 billion BoP, current US$ | -6.6% |
| 2002 | 34.58 billion BoP, current US$ | +4.9% |
| 2003 | 37.02 billion BoP, current US$ | +7.1% |
| 2004 | 40.02 billion BoP, current US$ | +8.1% |
| 2005 | 43.77 billion BoP, current US$ | +9.4% |
| 2006 | 48.78 billion BoP, current US$ | +11.4% |
| 2007 | 54.31 billion BoP, current US$ | +11.3% |
| 2008 | 64.41 billion BoP, current US$ | +18.6% |
| 2009 | 52.19 billion BoP, current US$ | -19.0% |
| 2010 | 65.65 billion BoP, current US$ | +25.8% |
| 2011 | 71.02 billion BoP, current US$ | +8.2% |
| 2012 | 79.57 billion BoP, current US$ | +12.0% |
| 2013 | 78.49 billion BoP, current US$ | -1.4% |
| 2014 | 88.08 billion BoP, current US$ | +12.2% |
| 2015 | 90.12 billion BoP, current US$ | +2.3% |
| 2016 | 102.44 billion BoP, current US$ | +13.7% |
| 2017 | 118.17 billion BoP, current US$ | +15.3% |
| 2018 | 129.74 billion BoP, current US$ | +9.8% |
| 2019 | 131.01 billion BoP, current US$ | +1.0% |
| 2020 | 99.94 billion BoP, current US$ | -23.7% |
| 2021 | 126.56 billion BoP, current US$ | +26.6% |
| 2022 | 152.64 billion BoP, current US$ | +20.6% |
| 2023 | 151.44 billion BoP, current US$ | -0.8% |
| 2024 | 160.72 billion BoP, current US$ | +6.1% |
| 2025 | 168.69 billion BoP, current US$ | +5.0% |
Philippines compared with similar countries
- Philippines's 168.69 billion BoP, current US$ is above the median for upper middle income countries, which is 20.24 billion BoP, current US$, 8.3× the median. (57 countries reporting)
- Philippines's 168.69 billion BoP, current US$ is above the median for East Asia & Pacific, which is 11.83 billion BoP, current US$, 14.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.94 billion BoP, current US$ | 4.77 billion BoP, current US$ | 7.32 billion BoP, current US$ | 3 |
| 1980s | 8.59 billion BoP, current US$ | 5.89 billion BoP, current US$ | 11.98 billion BoP, current US$ | 10 |
| 1990s | 28.72 billion BoP, current US$ | 13.86 billion BoP, current US$ | 50.48 billion BoP, current US$ | 10 |
| 2000s | 44.34 billion BoP, current US$ | 32.97 billion BoP, current US$ | 64.41 billion BoP, current US$ | 10 |
| 2010s | 95.43 billion BoP, current US$ | 65.65 billion BoP, current US$ | 131.01 billion BoP, current US$ | 10 |
| 2020s | 143.33 billion BoP, current US$ | 99.94 billion BoP, current US$ | 168.69 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 33 Luxembourg 179.35 billion BoP, current US$ compare
- 34 Norway 179.05 billion BoP, current US$ compare
- 35 Romania 174.97 billion BoP, current US$ compare
- 37 Hungary 168.52 billion BoP, current US$ compare
- 38 Israel 157.63 billion BoP, current US$ compare
- 39 Portugal 148.68 billion BoP, current US$ 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)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Philippines?
- Imports of goods and services in Philippines was 168.69 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Philippines?
- The highest recorded value was 168.69 billion BoP, current US$ in 2025.
- What is the lowest imports of goods and services recorded in Philippines?
- The lowest recorded value was 4.77 billion BoP, current US$ in 1977.
- How does Philippines rank for imports of goods and services?
- Philippines ranks 36th out of 200 countries with data for 2025.
- Is imports of goods and services rising or falling in Philippines?
- Over the last ten years it is up 87.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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. 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.