Net primary income (BoP, current US$) in Philippines
Philippines: Net primary income (BoP, current US$) was 4.18 billion BoP, current US$ in 2025. ◆ Volatile
Net primary income in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net primary income in Philippines stood at 4.18 billion BoP, current US$.
Compared with earlier readings it is down 11.7% on the previous year and up 125.3% over ten years.
Over the whole period, net primary income in Philippines peaked at 5.28 billion BoP, current US$ in 2019 and was at its lowest, -1.45 billion BoP, current US$, in 1984.
That places Philippines 13th out of 200 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income (BoP, current US$) in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -125.00 million BoP, current US$ | — |
| 1978 | -118.00 million BoP, current US$ | -5.6% |
| 1979 | -206.00 million BoP, current US$ | +74.6% |
| 1980 | -420.00 million BoP, current US$ | +103.9% |
| 1981 | -503.00 million BoP, current US$ | +19.8% |
| 1982 | -1.02 billion BoP, current US$ | +103.0% |
| 1983 | -836.00 million BoP, current US$ | -18.1% |
| 1984 | -1.45 billion BoP, current US$ | +73.3% |
| 1985 | -1.30 billion BoP, current US$ | -10.3% |
| 1986 | -1.30 billion BoP, current US$ | +0.1% |
| 1987 | -1.19 billion BoP, current US$ | -8.5% |
| 1988 | -1.19 billion BoP, current US$ | -0.4% |
| 1989 | -1.35 billion BoP, current US$ | +13.8% |
| 1990 | -872.00 million BoP, current US$ | -35.4% |
| 1991 | -500.00 million BoP, current US$ | -42.7% |
| 1992 | 445.00 million BoP, current US$ | -189.0% |
| 1993 | 924.00 million BoP, current US$ | +107.6% |
| 1994 | 1.85 billion BoP, current US$ | +100.2% |
| 1995 | 3.66 billion BoP, current US$ | +97.9% |
| 1996 | 3.28 billion BoP, current US$ | -10.4% |
| 1997 | 4.68 billion BoP, current US$ | +42.6% |
| 1998 | 3.77 billion BoP, current US$ | -19.5% |
| 1999 | -1.06 billion BoP, current US$ | -128.2% |
| 2000 | -30.00 million BoP, current US$ | -97.2% |
| 2001 | -57.00 million BoP, current US$ | +90.0% |
| 2002 | -430.00 million BoP, current US$ | +654.4% |
| 2003 | -287.00 million BoP, current US$ | -33.3% |
| 2004 | -74.00 million BoP, current US$ | -74.2% |
| 2005 | 354.07 million BoP, current US$ | -578.5% |
| 2006 | 701.64 million BoP, current US$ | +98.2% |
| 2007 | 1.63 billion BoP, current US$ | +132.9% |
| 2008 | 1.10 billion BoP, current US$ | -32.7% |
| 2009 | 840.67 million BoP, current US$ | -23.6% |
| 2010 | 677.46 million BoP, current US$ | -19.4% |
| 2011 | 941.75 million BoP, current US$ | +39.0% |
| 2012 | 197.24 million BoP, current US$ | -79.1% |
| 2013 | 957.32 million BoP, current US$ | +385.4% |
| 2014 | 727.45 million BoP, current US$ | -24.0% |
| 2015 | 1.86 billion BoP, current US$ | +155.3% |
| 2016 | 2.58 billion BoP, current US$ | +38.9% |
| 2017 | 3.23 billion BoP, current US$ | +25.1% |
| 2018 | 3.67 billion BoP, current US$ | +13.7% |
| 2019 | 5.28 billion BoP, current US$ | +43.8% |
| 2020 | 4.10 billion BoP, current US$ | -22.3% |
| 2021 | 3.32 billion BoP, current US$ | -19.0% |
| 2022 | 4.95 billion BoP, current US$ | +48.9% |
| 2023 | 4.34 billion BoP, current US$ | -12.3% |
| 2024 | 4.74 billion BoP, current US$ | +9.2% |
| 2025 | 4.18 billion BoP, current US$ | -11.7% |
Philippines compared with similar countries
- Philippines's 4.18 billion BoP, current US$ is above the median for upper middle income countries, which is -791.43 million BoP, current US$. (57 countries reporting)
- Philippines's 4.18 billion BoP, current US$ is above the median for East Asia & Pacific, which is 7.29 million BoP, current US$, 573.8× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Net primary income (BoP, current US$) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | -654.4% | -57.00 million BoP, current US$ | -430.00 million BoP, current US$ |
| 2005 | +578.5% | -74.00 million BoP, current US$ | 354.07 million BoP, current US$ |
| 2013 | +385.4% | 197.24 million BoP, current US$ | 957.32 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -149.67 million BoP, current US$ | -206.00 million BoP, current US$ | -118.00 million BoP, current US$ | 3 |
| 1980s | -1.06 billion BoP, current US$ | -1.45 billion BoP, current US$ | -420.00 million BoP, current US$ | 10 |
| 1990s | 1.62 billion BoP, current US$ | -1.06 billion BoP, current US$ | 4.68 billion BoP, current US$ | 10 |
| 2000s | 375.28 million BoP, current US$ | -430.00 million BoP, current US$ | 1.63 billion BoP, current US$ | 10 |
| 2010s | 2.01 billion BoP, current US$ | 197.24 million BoP, current US$ | 5.28 billion BoP, current US$ | 10 |
| 2020s | 4.27 billion BoP, current US$ | 3.32 billion BoP, current US$ | 4.95 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 10 Saudi Arabia 10.66 billion BoP, current US$ compare
- 11 Belgium 10.00 billion BoP, current US$ compare
- 12 Tajikistan 6.90 billion BoP, current US$ compare
- 14 Canada 3.45 billion BoP, current US$ compare
- 15 Bermuda 2.90 billion BoP, current US$ compare
- 16 Libya 2.19 billion BoP, current US$ compare
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
Frequently asked questions
- What is net primary income in Philippines?
- Net primary income in Philippines was 4.18 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Philippines?
- The highest recorded value was 5.28 billion BoP, current US$ in 2019.
- What is the lowest net primary income recorded in Philippines?
- The lowest recorded value was -1.45 billion BoP, current US$ in 1984.
- How does Philippines rank for net primary income?
- Philippines ranks 13th out of 200 countries with data for 2025.
- Is net primary income rising or falling in Philippines?
- Over the last ten years it is up 125.3%. 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 Net primary income (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
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). 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.