Primary income receipts in Philippines
Philippines: Primary income receipts was 17.68 billion BoP, current US$ in 2025. ◆ Volatile
Primary income receipts in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Philippines recorded 17.68 billion BoP, current US$ for primary income receipts in 2025. That is the highest value across all 49 years on record.
That represents a change of up 0.7% on the previous year and up 86.1% over ten years.
Over the whole period, primary income receipts in Philippines peaked at 17.68 billion BoP, current US$ in 2025 and was at its lowest, 352.00 million BoP, current US$, in 1977.
Philippines ranks 39th of 199 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income receipts in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 352.00 million BoP, current US$ | — |
| 1978 | 472.00 million BoP, current US$ | +34.1% |
| 1979 | 578.00 million BoP, current US$ | +22.5% |
| 1980 | 762.00 million BoP, current US$ | +31.8% |
| 1981 | 1.07 billion BoP, current US$ | +40.4% |
| 1982 | 1.18 billion BoP, current US$ | +10.2% |
| 1983 | 1.32 billion BoP, current US$ | +11.9% |
| 1984 | 984.00 million BoP, current US$ | -25.4% |
| 1985 | 1.05 billion BoP, current US$ | +7.0% |
| 1986 | 931.00 million BoP, current US$ | -11.6% |
| 1987 | 1.11 billion BoP, current US$ | +19.1% |
| 1988 | 1.18 billion BoP, current US$ | +6.3% |
| 1989 | 1.36 billion BoP, current US$ | +15.4% |
| 1990 | 1.60 billion BoP, current US$ | +17.4% |
| 1991 | 1.97 billion BoP, current US$ | +23.2% |
| 1992 | 2.75 billion BoP, current US$ | +39.9% |
| 1993 | 2.82 billion BoP, current US$ | +2.5% |
| 1994 | 3.78 billion BoP, current US$ | +33.9% |
| 1995 | 6.07 billion BoP, current US$ | +60.4% |
| 1996 | 6.06 billion BoP, current US$ | -0.1% |
| 1997 | 7.70 billion BoP, current US$ | +27.1% |
| 1998 | 6.44 billion BoP, current US$ | -16.3% |
| 1999 | 2.72 billion BoP, current US$ | -57.7% |
| 2000 | 3.34 billion BoP, current US$ | +22.5% |
| 2001 | 3.55 billion BoP, current US$ | +6.5% |
| 2002 | 3.31 billion BoP, current US$ | -7.0% |
| 2003 | 3.33 billion BoP, current US$ | +0.7% |
| 2004 | 3.73 billion BoP, current US$ | +11.9% |
| 2005 | 4.74 billion BoP, current US$ | +27.3% |
| 2006 | 6.08 billion BoP, current US$ | +28.2% |
| 2007 | 7.39 billion BoP, current US$ | +21.7% |
| 2008 | 7.00 billion BoP, current US$ | -5.2% |
| 2009 | 6.40 billion BoP, current US$ | -8.6% |
| 2010 | 6.69 billion BoP, current US$ | +4.4% |
| 2011 | 7.64 billion BoP, current US$ | +14.2% |
| 2012 | 8.26 billion BoP, current US$ | +8.1% |
| 2013 | 8.36 billion BoP, current US$ | +1.2% |
| 2014 | 8.78 billion BoP, current US$ | +5.0% |
| 2015 | 9.50 billion BoP, current US$ | +8.2% |
| 2016 | 9.56 billion BoP, current US$ | +0.6% |
| 2017 | 10.58 billion BoP, current US$ | +10.8% |
| 2018 | 12.00 billion BoP, current US$ | +13.4% |
| 2019 | 13.40 billion BoP, current US$ | +11.7% |
| 2020 | 11.59 billion BoP, current US$ | -13.5% |
| 2021 | 11.83 billion BoP, current US$ | +2.1% |
| 2022 | 13.02 billion BoP, current US$ | +10.1% |
| 2023 | 16.37 billion BoP, current US$ | +25.7% |
| 2024 | 17.55 billion BoP, current US$ | +7.2% |
| 2025 | 17.68 billion BoP, current US$ | +0.7% |
Philippines compared with similar countries
- Philippines's 17.68 billion BoP, current US$ is above the median for upper middle income countries, which is 1.13 billion BoP, current US$, 15.7× the median. (56 countries reporting)
- Philippines's 17.68 billion BoP, current US$ is above the median for East Asia & Pacific, which is 675.89 million BoP, current US$, 26.2× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 467.33 million BoP, current US$ | 352.00 million BoP, current US$ | 578.00 million BoP, current US$ | 3 |
| 1980s | 1.09 billion BoP, current US$ | 762.00 million BoP, current US$ | 1.36 billion BoP, current US$ | 10 |
| 1990s | 4.19 billion BoP, current US$ | 1.60 billion BoP, current US$ | 7.70 billion BoP, current US$ | 10 |
| 2000s | 4.89 billion BoP, current US$ | 3.31 billion BoP, current US$ | 7.39 billion BoP, current US$ | 10 |
| 2010s | 9.48 billion BoP, current US$ | 6.69 billion BoP, current US$ | 13.40 billion BoP, current US$ | 10 |
| 2020s | 14.68 billion BoP, current US$ | 11.59 billion BoP, current US$ | 17.68 billion BoP, current US$ | 6 |
Countries ranked near Philippines
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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is primary income receipts in Philippines?
- Primary income receipts in Philippines was 17.68 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income receipts recorded in Philippines?
- The highest recorded value was 17.68 billion BoP, current US$ in 2025.
- What is the lowest primary income receipts recorded in Philippines?
- The lowest recorded value was 352.00 million BoP, current US$ in 1977.
- How does Philippines rank for primary income receipts?
- Philippines ranks 39th out of 199 countries with data for 2025.
- Is primary income receipts rising or falling in Philippines?
- Over the last ten years it is up 86.1%. 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 receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). 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.