Service imports in Philippines
Philippines: Service imports was 38.24 billion BoP, current US$ in 2025. ◆ Volatile
Service imports in Philippines, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Philippines is 38.24 billion BoP, current US$, measured in 2025. That is the highest value across all 49 years on record.
That represents a change of up 3.9% on the previous year and up 62.0% over ten years.
Over the whole period, service imports in Philippines peaked at 38.24 billion BoP, current US$ in 2025 and was at its lowest, 844.00 million BoP, current US$, in 1986.
Philippines ranks 36th of 198 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.01 billion BoP, current US$ | 856.00 million BoP, current US$ | 1.18 billion BoP, current US$ | 3 |
| 1980s | 1.36 billion BoP, current US$ | 844.00 million BoP, current US$ | 1.82 billion BoP, current US$ | 10 |
| 1990s | 5.93 billion BoP, current US$ | 1.76 billion BoP, current US$ | 14.12 billion BoP, current US$ | 10 |
| 2000s | 6.83 billion BoP, current US$ | 5.25 billion BoP, current US$ | 11.08 billion BoP, current US$ | 10 |
| 2010s | 20.48 billion BoP, current US$ | 12.02 billion BoP, current US$ | 28.22 billion BoP, current US$ | 10 |
| 2020s | 27.98 billion BoP, current US$ | 17.96 billion BoP, current US$ | 38.24 billion BoP, current US$ | 6 |
Countries ranked near Philippines
More economy & growth data for Philippines
- External balance on goods and services as a percent of GDP -13.7% (2025)
- Inflation of consumer prices 1.7% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.3% (2025)
- Gross domestic product (GDP) 474.84 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
Frequently asked questions
- What is service imports in Philippines?
- Service imports in Philippines was 38.24 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 imports recorded in Philippines?
- The highest recorded value was 38.24 billion BoP, current US$ in 2025.
- What is the lowest service imports recorded in Philippines?
- The lowest recorded value was 844.00 million BoP, current US$ in 1986.
- How does Philippines rank for service imports?
- Philippines ranks 36th out of 198 countries with data for 2025.
- Is service imports rising or falling in Philippines?
- Over the last ten years it is up 62.0%. 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 Service imports (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
Imports of services are services provided by non-residents to 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.