Service exports in Philippines
Philippines: Service exports was 51.49 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
51.49 billion BoP, current US$
Change on year
up 1.6%
World rank
34th
of 200 countries
All-time high
51.49 billion BoP, current US$
in 2025
All-time low
733.00 million BoP, current US$
in 1977
Years of data
49
1977–2025
Service exports in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service exports in Philippines is 51.49 billion BoP, current US$, measured in 2025. That is the highest value across all 49 years on record.
The figure is up 1.6% on the previous year and up 77.1% over ten years.
Over the whole period, service exports in Philippines peaked at 51.49 billion BoP, current US$ in 2025 and was at its lowest, 733.00 million BoP, current US$, in 1977.
Philippines ranks 34th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service exports in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 733.00 million BoP, current US$ | — |
| 1978 | 1.01 billion BoP, current US$ | +38.2% |
| 1979 | 1.08 billion BoP, current US$ | +6.2% |
| 1980 | 1.45 billion BoP, current US$ | +34.5% |
| 1981 | 1.79 billion BoP, current US$ | +23.8% |
| 1982 | 1.80 billion BoP, current US$ | +0.7% |
| 1983 | 1.81 billion BoP, current US$ | +0.2% |
| 1984 | 1.64 billion BoP, current US$ | -9.2% |
| 1985 | 2.23 billion BoP, current US$ | +36.1% |
| 1986 | 2.86 billion BoP, current US$ | +28.0% |
| 1987 | 2.35 billion BoP, current US$ | -18.0% |
| 1988 | 2.41 billion BoP, current US$ | +2.9% |
| 1989 | 3.23 billion BoP, current US$ | +33.7% |
| 1990 | 3.24 billion BoP, current US$ | +0.6% |
| 1991 | 3.65 billion BoP, current US$ | +12.6% |
| 1992 | 4.74 billion BoP, current US$ | +29.8% |
| 1993 | 4.67 billion BoP, current US$ | -1.5% |
| 1994 | 6.77 billion BoP, current US$ | +44.8% |
| 1995 | 9.35 billion BoP, current US$ | +38.1% |
| 1996 | 12.95 billion BoP, current US$ | +38.5% |
| 1997 | 15.14 billion BoP, current US$ | +16.9% |
| 1998 | 7.48 billion BoP, current US$ | -50.6% |
| 1999 | 5.18 billion BoP, current US$ | -30.8% |
| 2000 | 5.62 billion BoP, current US$ | +8.6% |
| 2001 | 4.92 billion BoP, current US$ | -12.4% |
| 2002 | 5.58 billion BoP, current US$ | +13.2% |
| 2003 | 5.67 billion BoP, current US$ | +1.6% |
| 2004 | 6.74 billion BoP, current US$ | +19.0% |
| 2005 | 8.61 billion BoP, current US$ | +27.7% |
| 2006 | 11.06 billion BoP, current US$ | +28.5% |
| 2007 | 13.50 billion BoP, current US$ | +22.0% |
| 2008 | 13.05 billion BoP, current US$ | -3.3% |
| 2009 | 14.08 billion BoP, current US$ | +7.9% |
| 2010 | 17.78 billion BoP, current US$ | +26.3% |
| 2011 | 18.88 billion BoP, current US$ | +6.2% |
| 2012 | 20.44 billion BoP, current US$ | +8.3% |
| 2013 | 23.34 billion BoP, current US$ | +14.2% |
| 2014 | 25.50 billion BoP, current US$ | +9.3% |
| 2015 | 29.07 billion BoP, current US$ | +14.0% |
| 2016 | 31.20 billion BoP, current US$ | +7.4% |
| 2017 | 34.83 billion BoP, current US$ | +11.6% |
| 2018 | 38.40 billion BoP, current US$ | +10.2% |
| 2019 | 41.26 billion BoP, current US$ | +7.5% |
| 2020 | 31.82 billion BoP, current US$ | -22.9% |
| 2021 | 33.57 billion BoP, current US$ | +5.5% |
| 2022 | 41.12 billion BoP, current US$ | +22.5% |
| 2023 | 48.33 billion BoP, current US$ | +17.5% |
| 2024 | 50.67 billion BoP, current US$ | +4.8% |
| 2025 | 51.49 billion BoP, current US$ | +1.6% |
Philippines compared with similar countries
- Philippines's 51.49 billion BoP, current US$ is above the median for upper middle income countries, which is 4.91 billion BoP, current US$, 10.5× the median. (57 countries reporting)
- Philippines's 51.49 billion BoP, current US$ is above the median for East Asia & Pacific, which is 1.73 billion BoP, current US$, 29.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 940.67 million BoP, current US$ | 733.00 million BoP, current US$ | 1.08 billion BoP, current US$ | 3 |
| 1980s | 2.16 billion BoP, current US$ | 1.45 billion BoP, current US$ | 3.23 billion BoP, current US$ | 10 |
| 1990s | 7.32 billion BoP, current US$ | 3.24 billion BoP, current US$ | 15.14 billion BoP, current US$ | 10 |
| 2000s | 8.88 billion BoP, current US$ | 4.92 billion BoP, current US$ | 14.08 billion BoP, current US$ | 10 |
| 2010s | 28.07 billion BoP, current US$ | 17.78 billion BoP, current US$ | 41.26 billion BoP, current US$ | 10 |
| 2020s | 42.83 billion BoP, current US$ | 31.82 billion BoP, current US$ | 51.49 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is service exports in Philippines?
- Service exports in Philippines was 51.49 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Philippines?
- The highest recorded value was 51.49 billion BoP, current US$ in 2025.
- What is the lowest service exports recorded in Philippines?
- The lowest recorded value was 733.00 million BoP, current US$ in 1977.
- How does Philippines rank for service exports?
- Philippines ranks 34th out of 200 countries with data for 2025.
- Is service exports rising or falling in Philippines?
- Over the last ten years it is up 77.1%. 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 Service exports (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
Exports of services are services provided by residents to non-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.