Goods, Debit/Expenditure in Philippines

Philippines: Goods, Debit/Expenditure was 123.92 billion in 2024. β–² Rising

Latest (2024)
123.92 billion
Change on year
up 2.2%
World rank
36th
of 198 countries
All-time high
127.41 billion
in 2022
All-time low
37.31 billion
in 2005
Years of data
20
2005–2024

Goods, Debit/Expenditure in Philippines, 2005–2024

40.0B60.0B80.0B100.0B120.0B2005201420242005: 37.3B2006: 42.2B2007: 46.8B2008: 53.3B2009: 43.0B2010: 53.6B2011: 58.7B2012: 65.3B2013: 62.2B2014: 67.2B2015: 66.5B2016: 78.3B2017: 92.0B2018: 102.9B2019: 102.8B2020: 82.0B2021: 107.0B2022: 127.4B2023: 121.3B2024: 123.9B

Source: International Monetary Fund.

Analysis

The most recent figure for goods, debit/expenditure in Philippines is 123.92 billion, measured in 2024.

Compared with earlier readings it is up 2.2% on the previous year and up 84.5% over ten years.

Over the whole period, goods, debit/expenditure in Philippines peaked at 127.41 billion in 2022 and was at its lowest, 37.31 billion, in 2005.

Philippines ranks 36th of 198 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 44.52 billion 37.31 billion 53.32 billion 5
2010s 74.95 billion 53.63 billion 102.95 billion 10
2020s 112.33 billion 81.99 billion 127.41 billion 5

Countries ranked near Philippines

  1. 33 Denmark 132.05 billion compare
  2. 34 Hungary 130.47 billion compare
  3. 35 Romania 128.96 billion compare
  4. 37 Portugal 109.07 billion compare
  5. 38 Slovak Republic 107.45 billion compare
  6. 39 South Africa 99.82 billion compare

See the full ranking of 207 places β†’

More trade data for Philippines

All data for Philippines β†’

Frequently asked questions

What is goods, debit/expenditure in Philippines?
Goods, debit/expenditure in Philippines was 123.92 billion in 2024, according to International Monetary Fund.
What is the highest goods, debit/expenditure recorded in Philippines?
The highest recorded value was 127.41 billion in 2022.
What is the lowest goods, debit/expenditure recorded in Philippines?
The lowest recorded value was 37.31 billion in 2005.
How does Philippines rank for goods, debit/expenditure?
Philippines ranks 36th out of 198 countries with data for 2024.
Is goods, debit/expenditure rising or falling in Philippines?
Over the last ten years it is up 84.5%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from International Monetary Fund, published as part of Goods, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Goods, Debit/Expenditure in Philippines. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/goods-debit-expenditure-us-dollar/philippines/

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About this data

Indicator
Goods, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.