Travel services in Philippines

Philippines: Travel services was 16.9% in 2025. ▼ Falling

Latest (2025)
16.9%
Change on year
down 7.9%
World rank
148th
of 198 countries
All-time high
49.8%
in 1999
All-time low
1.8%
in 2021
Years of data
49
1977–2025

Travel services in Philippines, 1977–2025

01020304050197720012025

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.

Analysis

In 2025, travel services in Philippines stood at 16.9%.

That represents a change of down 7.9% on the previous year and down 6.6% over ten years.

Over the whole period, travel services in Philippines peaked at 49.8% in 1999 and was at its lowest, 1.8%, in 2021.

That places Philippines 148th out of 198 countries with data for 2025, putting it in the middle of the range.

The long-run direction has been consistently falling across the 49 years of available data.

Travel services in Philippines, year by year

Annual values for Travel services (% of service exports, BoP) in Philippines, 1977 to 2025.
Year % of service exports, BoP Change
1977 19.8%
1978 20.7% +4.8%
1979 22.1% +6.7%
1980 22.1% -0.0%
1981 19.2% -13.1%
1982 24.9% +29.9%
1983 25.7% +3.1%
1984 22.3% -13.3%
1985 22.6% +1.6%
1986 22.6% -0.1%
1987 19.5% -13.7%
1988 16.8% -14.1%
1989 14.5% -13.4%
1990 14.4% -1.2%
1991 15.6% +8.6%
1992 19.9% +27.6%
1993 25.2% +26.6%
1994 14.4% -43.0%
1995 12.2% -15.5%
1996 11.9% -1.7%
1997 15.5% +29.5%
1998 19.0% +22.6%
1999 49.8% +162.6%
2000 38.4% -23.0%
2001 35.4% -7.8%
2002 31.6% -10.7%
2003 27.3% -13.7%
2004 29.9% +9.8%
2005 26.6% -11.2%
2006 32.0% +20.5%
2007 36.7% +14.8%
2008 19.6% -46.6%
2009 16.8% -14.3%
2010 14.9% -11.6%
2011 16.9% +13.9%
2012 19.9% +17.3%
2013 20.1% +1.2%
2014 19.7% -1.8%
2015 18.1% -8.0%
2016 16.5% -9.1%
2017 20.1% +21.7%
2018 21.5% +7.0%
2019 23.7% +10.5%
2020 5.6% -76.3%
2021 1.8% -68.2%
2022 10.1% +467.7%
2023 18.9% +85.9%
2024 18.4% -2.5%
2025 16.9% -7.9%

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.9% 19.8% 22.1% 3
1980s 21.0% 14.5% 25.7% 10
1990s 19.8% 11.9% 49.8% 10
2000s 29.4% 16.8% 38.4% 10
2010s 19.1% 14.9% 23.7% 10
2020s 12.0% 1.8% 18.9% 6

Countries ranked near Philippines

  1. 145 Cayman Islands 17.8% compare
  2. 146 United States of America 17.3% compare
  3. 147 Latvia 17.0% compare
  4. 149 Ghana 16.8% compare
  5. 150 Kuwait 16.7% compare
  6. 151 Norway 15.1% compare

See the full ranking of 243 places →

More economy & growth data for Philippines

All data for Philippines →

Frequently asked questions

What is travel services in Philippines?
Travel services in Philippines was 16.9% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest travel services recorded in Philippines?
The highest recorded value was 49.8% in 1999.
What is the lowest travel services recorded in Philippines?
The lowest recorded value was 1.8% in 2021.
How does Philippines rank for travel services?
Philippines ranks 148th out of 198 countries with data for 2025.
Is travel services rising or falling in Philippines?
Over the last ten years it is down 6.6%. The long-run trend across the full record is falling.
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 Travel services (% of service exports, BoP). Statizoid updates them automatically from the source API.

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Travel services in Philippines. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 10 September 2026, from https://economy.statizoid.com/stat/travel-services-percent-of-service-exports-bop/philippines/

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About this data

Indicator
Travel services (% of service exports, BoP)
Unit
% of service exports, BoP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,495 data points, 1960–2025
Last refreshed

Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.