Goods, Debit/Expenditure in Philippines
Philippines: Goods, Debit/Expenditure was 123.92 billion in 2024. ▲ Rising
Goods, Debit/Expenditure in Philippines, 2005–2024
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.
Goods, Debit/Expenditure in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 37.31 billion | — |
| 2006 | 42.19 billion | +13.1% |
| 2007 | 46.77 billion | +10.8% |
| 2008 | 53.32 billion | +14.0% |
| 2009 | 43.00 billion | -19.4% |
| 2010 | 53.63 billion | +24.7% |
| 2011 | 58.70 billion | +9.5% |
| 2012 | 65.31 billion | +11.3% |
| 2013 | 62.17 billion | -4.8% |
| 2014 | 67.15 billion | +8.0% |
| 2015 | 66.51 billion | -1.0% |
| 2016 | 78.28 billion | +17.7% |
| 2017 | 92.03 billion | +17.6% |
| 2018 | 102.95 billion | +11.9% |
| 2019 | 102.79 billion | -0.2% |
| 2020 | 81.99 billion | -20.2% |
| 2021 | 107.03 billion | +30.6% |
| 2022 | 127.41 billion | +19.0% |
| 2023 | 121.29 billion | -4.8% |
| 2024 | 123.92 billion | +2.2% |
Philippines compared with similar countries
- Philippines's 123.92 billion is above the median for upper middle income countries, which is 15.62 billion, 7.9× the median. (54 countries reporting)
- Philippines's 123.92 billion is above the median for East Asia & Pacific, which is 8.66 billion, 14.3× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More trade data for Philippines
- Commodity Net Export Price Index, Individual Commodities Weighted by 126.07 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.25 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.91 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 97.31 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.72 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 71.34 (2025)
- Imports of low carbon technology products, Percent of GDP 0.9273 (2024)
- Imports of low carbon technology products, US dollar (World), per 36.95 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0093 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 1.76 billion (2024)
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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About this data
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.