Primary income payments in Philippines
Philippines: Primary income payments was 13.23 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
13.23 billion BoP, current US$
Change on year
up 3.2%
World rank
54th
of 200 countries
All-time high
13.23 billion BoP, current US$
in 2025
All-time low
477.00 million BoP, current US$
in 1977
Years of data
49
1977–2025
Primary income payments in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Philippines recorded 13.23 billion BoP, current US$ for primary income payments in 2025. That is the highest value across all 49 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 73.0% over ten years.
Over the whole period, primary income payments in Philippines peaked at 13.23 billion BoP, current US$ in 2025 and was at its lowest, 477.00 million BoP, current US$, in 1977.
That places Philippines 54th out of 200 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 477.00 million BoP, current US$ | — |
| 1978 | 590.00 million BoP, current US$ | +23.7% |
| 1979 | 784.00 million BoP, current US$ | +32.9% |
| 1980 | 1.18 billion BoP, current US$ | +50.8% |
| 1981 | 1.57 billion BoP, current US$ | +33.1% |
| 1982 | 2.20 billion BoP, current US$ | +39.9% |
| 1983 | 2.15 billion BoP, current US$ | -2.0% |
| 1984 | 2.43 billion BoP, current US$ | +12.9% |
| 1985 | 2.35 billion BoP, current US$ | -3.3% |
| 1986 | 2.23 billion BoP, current US$ | -5.1% |
| 1987 | 2.30 billion BoP, current US$ | +3.0% |
| 1988 | 2.36 billion BoP, current US$ | +2.8% |
| 1989 | 2.71 billion BoP, current US$ | +14.6% |
| 1990 | 2.47 billion BoP, current US$ | -8.9% |
| 1991 | 2.47 billion BoP, current US$ | -0.0% |
| 1992 | 2.31 billion BoP, current US$ | -6.4% |
| 1993 | 1.90 billion BoP, current US$ | -17.7% |
| 1994 | 1.93 billion BoP, current US$ | +1.7% |
| 1995 | 2.40 billion BoP, current US$ | +24.5% |
| 1996 | 2.78 billion BoP, current US$ | +15.5% |
| 1997 | 3.02 billion BoP, current US$ | +8.6% |
| 1998 | 2.67 billion BoP, current US$ | -11.5% |
| 1999 | 3.79 billion BoP, current US$ | +41.7% |
| 2000 | 3.37 billion BoP, current US$ | -11.1% |
| 2001 | 3.61 billion BoP, current US$ | +7.2% |
| 2002 | 3.74 billion BoP, current US$ | +3.5% |
| 2003 | 3.62 billion BoP, current US$ | -3.2% |
| 2004 | 3.80 billion BoP, current US$ | +5.0% |
| 2005 | 4.39 billion BoP, current US$ | +15.5% |
| 2006 | 5.37 billion BoP, current US$ | +22.5% |
| 2007 | 5.76 billion BoP, current US$ | +7.1% |
| 2008 | 5.90 billion BoP, current US$ | +2.5% |
| 2009 | 5.56 billion BoP, current US$ | -5.8% |
| 2010 | 6.01 billion BoP, current US$ | +8.0% |
| 2011 | 6.70 billion BoP, current US$ | +11.4% |
| 2012 | 8.06 billion BoP, current US$ | +20.4% |
| 2013 | 7.40 billion BoP, current US$ | -8.2% |
| 2014 | 8.05 billion BoP, current US$ | +8.8% |
| 2015 | 7.65 billion BoP, current US$ | -5.0% |
| 2016 | 6.98 billion BoP, current US$ | -8.7% |
| 2017 | 7.36 billion BoP, current US$ | +5.5% |
| 2018 | 8.33 billion BoP, current US$ | +13.2% |
| 2019 | 8.13 billion BoP, current US$ | -2.5% |
| 2020 | 7.49 billion BoP, current US$ | -7.8% |
| 2021 | 8.51 billion BoP, current US$ | +13.6% |
| 2022 | 8.08 billion BoP, current US$ | -5.1% |
| 2023 | 12.03 billion BoP, current US$ | +48.9% |
| 2024 | 12.81 billion BoP, current US$ | +6.6% |
| 2025 | 13.23 billion BoP, current US$ | +3.2% |
Philippines compared with similar countries
- Philippines's 13.23 billion BoP, current US$ is above the median for upper middle income countries, which is 3.01 billion BoP, current US$, 4.4× the median. (57 countries reporting)
- Philippines's 13.23 billion BoP, current US$ is above the median for East Asia & Pacific, which is 1.58 billion BoP, current US$, 8.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 617.00 million BoP, current US$ | 477.00 million BoP, current US$ | 784.00 million BoP, current US$ | 3 |
| 1980s | 2.15 billion BoP, current US$ | 1.18 billion BoP, current US$ | 2.71 billion BoP, current US$ | 10 |
| 1990s | 2.57 billion BoP, current US$ | 1.90 billion BoP, current US$ | 3.79 billion BoP, current US$ | 10 |
| 2000s | 4.51 billion BoP, current US$ | 3.37 billion BoP, current US$ | 5.90 billion BoP, current US$ | 10 |
| 2010s | 7.47 billion BoP, current US$ | 6.01 billion BoP, current US$ | 8.33 billion BoP, current US$ | 10 |
| 2020s | 10.36 billion BoP, current US$ | 7.49 billion BoP, current US$ | 13.23 billion BoP, current US$ | 6 |
Countries ranked near Philippines
- 51 New Zealand 18.02 billion BoP, current US$ compare
- 52 Nigeria 14.98 billion BoP, current US$ compare
- 53 Macao 14.50 billion BoP, current US$ compare
- 55 Mauritius 11.15 billion BoP, current US$ compare
- 56 Bulgaria 11.11 billion BoP, current US$ compare
- 57 Costa Rica 11.03 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.60 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 13.72 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 7.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.1 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.016 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 66.71 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Philippines?
- Primary income payments in Philippines was 13.23 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Philippines?
- The highest recorded value was 13.23 billion BoP, current US$ in 2025.
- What is the lowest primary income payments recorded in Philippines?
- The lowest recorded value was 477.00 million BoP, current US$ in 1977.
- How does Philippines rank for primary income payments?
- Philippines ranks 54th out of 200 countries with data for 2025.
- Is primary income payments rising or falling in Philippines?
- Over the last ten years it is up 73.0%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.