Secondary income, other sectors, payments in Philippines
Philippines: Secondary income, other sectors, payments was 1.12 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
1.12 billion BoP, current US$
Change on year
down 3.0%
World rank
67th
of 197 countries
All-time high
1.15 billion BoP, current US$
in 2024
All-time low
1.00 million BoP, current US$
in 1984
Years of data
49
1977–2025
Secondary income, other sectors, payments in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, secondary income, other sectors, payments in Philippines stood at 1.12 billion BoP, current US$.
The figure is down 3.0% on the previous year and up 45.7% over ten years.
Over the whole period, secondary income, other sectors, payments in Philippines peaked at 1.15 billion BoP, current US$ in 2024 and was at its lowest, 1.00 million BoP, current US$, in 1984.
Philippines ranks 67th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income, other sectors, payments in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 4.00 million BoP, current US$ | — |
| 1978 | 3.00 million BoP, current US$ | -25.0% |
| 1979 | 5.00 million BoP, current US$ | +66.7% |
| 1980 | 6.00 million BoP, current US$ | +20.0% |
| 1981 | 3.00 million BoP, current US$ | -50.0% |
| 1982 | 2.00 million BoP, current US$ | -33.3% |
| 1983 | 5.00 million BoP, current US$ | +150.0% |
| 1984 | 1.00 million BoP, current US$ | -80.0% |
| 1985 | 9.00 million BoP, current US$ | +800.0% |
| 1986 | 4.00 million BoP, current US$ | -55.6% |
| 1987 | 2.00 million BoP, current US$ | -50.0% |
| 1988 | 3.00 million BoP, current US$ | +50.0% |
| 1989 | 2.00 million BoP, current US$ | -33.3% |
| 1990 | 3.00 million BoP, current US$ | +50.0% |
| 1991 | 1.00 million BoP, current US$ | -66.7% |
| 1992 | 9.00 million BoP, current US$ | +800.0% |
| 1993 | 47.00 million BoP, current US$ | +422.2% |
| 1994 | 105.00 million BoP, current US$ | +123.4% |
| 1995 | 267.00 million BoP, current US$ | +154.3% |
| 1996 | 548.00 million BoP, current US$ | +105.2% |
| 1997 | 554.00 million BoP, current US$ | +1.1% |
| 1998 | 287.00 million BoP, current US$ | -48.2% |
| 1999 | 123.00 million BoP, current US$ | -57.1% |
| 2000 | 205.00 million BoP, current US$ | +66.7% |
| 2001 | 197.00 million BoP, current US$ | -3.9% |
| 2002 | 202.00 million BoP, current US$ | +2.5% |
| 2003 | 175.00 million BoP, current US$ | -13.4% |
| 2004 | 187.00 million BoP, current US$ | +6.9% |
| 2005 | 169.49 million BoP, current US$ | -9.4% |
| 2006 | 223.47 million BoP, current US$ | +31.8% |
| 2007 | 169.00 million BoP, current US$ | -24.4% |
| 2008 | 281.49 million BoP, current US$ | +66.6% |
| 2009 | 307.17 million BoP, current US$ | +9.1% |
| 2010 | 352.06 million BoP, current US$ | +14.6% |
| 2011 | 462.20 million BoP, current US$ | +31.3% |
| 2012 | 536.31 million BoP, current US$ | +16.0% |
| 2013 | 556.71 million BoP, current US$ | +3.8% |
| 2014 | 620.21 million BoP, current US$ | +11.4% |
| 2015 | 767.39 million BoP, current US$ | +23.7% |
| 2016 | 625.95 million BoP, current US$ | -18.4% |
| 2017 | 677.33 million BoP, current US$ | +8.2% |
| 2018 | 759.37 million BoP, current US$ | +12.1% |
| 2019 | 760.43 million BoP, current US$ | +0.1% |
| 2020 | 815.08 million BoP, current US$ | +7.2% |
| 2021 | 911.07 million BoP, current US$ | +11.8% |
| 2022 | 740.84 million BoP, current US$ | -18.7% |
| 2023 | 1.06 billion BoP, current US$ | +42.4% |
| 2024 | 1.15 billion BoP, current US$ | +9.3% |
| 2025 | 1.12 billion BoP, current US$ | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.00 million BoP, current US$ | 3.00 million BoP, current US$ | 5.00 million BoP, current US$ | 3 |
| 1980s | 3.70 million BoP, current US$ | 1.00 million BoP, current US$ | 9.00 million BoP, current US$ | 10 |
| 1990s | 194.40 million BoP, current US$ | 1.00 million BoP, current US$ | 554.00 million BoP, current US$ | 10 |
| 2000s | 211.66 million BoP, current US$ | 169.00 million BoP, current US$ | 307.17 million BoP, current US$ | 10 |
| 2010s | 611.80 million BoP, current US$ | 352.06 million BoP, current US$ | 767.39 million BoP, current US$ | 10 |
| 2020s | 965.62 million BoP, current US$ | 740.84 million BoP, current US$ | 1.15 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)
- Gross domestic savings (current US$), annual growth rate -4.04 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.0845 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 352.34 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -3.68 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 4.86 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 20,262 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 9.42 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.16 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Philippines?
- Secondary income, other sectors, payments in Philippines was 1.12 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Philippines?
- The highest recorded value was 1.15 billion BoP, current US$ in 2024.
- What is the lowest secondary income, other sectors, payments recorded in Philippines?
- The lowest recorded value was 1.00 million BoP, current US$ in 1984.
- How does Philippines rank for secondary income, other sectors, payments?
- Philippines ranks 67th out of 197 countries with data for 2025.
- Is secondary income, other sectors, payments rising or falling in Philippines?
- Over the last ten years it is up 45.7%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.