Imports of goods and services in Philippines
Philippines: Imports of goods and services was 168.32 billion BoP, current US$ in 2025. ◆ Volatile
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$.
Analysis
In 2025, imports of goods and services in Philippines stood at 168.32 billion BoP, current US$. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 4.7% on the previous year and up 86.8% over ten years.
Over the whole period, imports of goods and services in Philippines peaked at 168.32 billion BoP, current US$ in 2025 and was at its lowest, 4.77 billion BoP, current US$, in 1977.
That places Philippines 36th out of 199 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Philippines, year by year
| Year | BoP, current US$ | 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 | 168.32 billion BoP, current US$ | +4.7% |
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 | 143.27 billion BoP, current US$ | 99.94 billion BoP, current US$ | 168.32 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 33 Norway 178.65 billion BoP, current US$ compare
- 34 Romania 174.97 billion BoP, current US$ compare
- 35 Hungary 168.52 billion BoP, current US$ compare
- 37 Luxembourg 163.48 billion BoP, current US$ compare
- 38 Israel 155.47 billion BoP, current US$ compare
- 39 Portugal 136.98 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)
- Services, value added (current US$), annual growth rate 7.49 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.6442 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,687 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 7.89 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 37.04 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 154,500 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 5.82 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.6191 constant 2015 US$ 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 168.32 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 168.32 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 199 countries with data for 2025.
- Is imports of goods and services rising or falling in Philippines?
- Over the last ten years it is up 86.8%. 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.
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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. 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.