Service imports in Philippines
Philippines: Service imports was 38.24 billion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
38.24 billion BoP, current US$
Change on year
up 3.9%
World rank
36th
of 200 countries
All-time high
38.24 billion BoP, current US$
in 2025
All-time low
844.00 million BoP, current US$
in 1986
Years of data
49
1977–2025
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$, in 1986.
Philippines ranks 36th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Service imports in Philippines, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | 856.00 million BoP, current US$ | — |
| 1978 | 1.00 billion BoP, current US$ | +16.8% |
| 1979 | 1.18 billion BoP, current US$ | +18.0% |
| 1980 | 1.44 billion BoP, current US$ | +21.9% |
| 1981 | 1.63 billion BoP, current US$ | +13.4% |
| 1982 | 1.82 billion BoP, current US$ | +11.7% |
| 1983 | 1.73 billion BoP, current US$ | -4.9% |
| 1984 | 1.19 billion BoP, current US$ | -31.1% |
| 1985 | 867.00 million BoP, current US$ | -27.4% |
| 1986 | 844.00 million BoP, current US$ | -2.7% |
| 1987 | 1.16 billion BoP, current US$ | +36.8% |
| 1988 | 1.31 billion BoP, current US$ | +13.2% |
| 1989 | 1.56 billion BoP, current US$ | +19.6% |
| 1990 | 1.76 billion BoP, current US$ | +12.6% |
| 1991 | 1.80 billion BoP, current US$ | +2.4% |
| 1992 | 2.31 billion BoP, current US$ | +27.9% |
| 1993 | 3.09 billion BoP, current US$ | +33.9% |
| 1994 | 4.65 billion BoP, current US$ | +50.6% |
| 1995 | 6.93 billion BoP, current US$ | +48.8% |
| 1996 | 9.43 billion BoP, current US$ | +36.1% |
| 1997 | 14.12 billion BoP, current US$ | +49.8% |
| 1998 | 10.11 billion BoP, current US$ | -28.4% |
| 1999 | 5.15 billion BoP, current US$ | -49.1% |
| 2000 | 5.25 billion BoP, current US$ | +1.9% |
| 2001 | 5.41 billion BoP, current US$ | +3.1% |
| 2002 | 5.48 billion BoP, current US$ | +1.3% |
| 2003 | 5.41 billion BoP, current US$ | -1.4% |
| 2004 | 5.87 billion BoP, current US$ | +8.5% |
| 2005 | 6.46 billion BoP, current US$ | +10.2% |
| 2006 | 6.59 billion BoP, current US$ | +1.9% |
| 2007 | 7.54 billion BoP, current US$ | +14.5% |
| 2008 | 11.08 billion BoP, current US$ | +46.9% |
| 2009 | 9.19 billion BoP, current US$ | -17.1% |
| 2010 | 12.02 billion BoP, current US$ | +30.8% |
| 2011 | 12.32 billion BoP, current US$ | +2.5% |
| 2012 | 14.26 billion BoP, current US$ | +15.8% |
| 2013 | 16.32 billion BoP, current US$ | +14.4% |
| 2014 | 20.92 billion BoP, current US$ | +28.2% |
| 2015 | 23.61 billion BoP, current US$ | +12.9% |
| 2016 | 24.16 billion BoP, current US$ | +2.3% |
| 2017 | 26.14 billion BoP, current US$ | +8.2% |
| 2018 | 26.79 billion BoP, current US$ | +2.5% |
| 2019 | 28.22 billion BoP, current US$ | +5.4% |
| 2020 | 17.96 billion BoP, current US$ | -36.4% |
| 2021 | 19.53 billion BoP, current US$ | +8.8% |
| 2022 | 25.23 billion BoP, current US$ | +29.2% |
| 2023 | 30.15 billion BoP, current US$ | +19.5% |
| 2024 | 36.80 billion BoP, current US$ | +22.1% |
| 2025 | 38.24 billion BoP, current US$ | +3.9% |
Philippines compared with similar countries
- Philippines's 38.24 billion BoP, current US$ is above the median for upper middle income countries, which is 3.94 billion BoP, current US$, 9.7× the median. (57 countries reporting)
- Philippines's 38.24 billion BoP, current US$ is above the median for East Asia & Pacific, which is 2.40 billion BoP, current US$, 16.0× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.01 billion BoP, current US$ | 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
- 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$), annual growth rate 4.46 % change on previous year (2025)
Frequently asked questions
- What is service imports in Philippines?
- Service imports in Philippines was 38.24 billion BoP, current US$ 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 200 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.