Secondary income, Debit/Expenditure in Philippines

Philippines: Secondary income, Debit/Expenditure was 1.19 billion in 2024. β–² Rising

Latest (2024)
1.19 billion
Change on year
up 8.9%
World rank
70th
of 198 countries
All-time high
1.19 billion
in 2024
All-time low
181.49 million
in 2005
Years of data
20
2005–2024

Secondary income, Debit/Expenditure in Philippines, 2005–2024

250.0M500.0M750.0M1.0B1.2B2005201420242005: 181.5M2006: 238.5M2007: 187.0M2008: 317.5M2009: 401.2M2010: 374.1M2011: 477.2M2012: 557.3M2013: 606.3M2014: 663.3M2015: 822.9M2016: 683.6M2017: 744.7M2018: 788.3M2019: 797.1M2020: 854.2M2021: 950.4M2022: 781.4M2023: 1.1B2024: 1.2B

Source: International Monetary Fund.

Analysis

The most recent figure for secondary income, debit/expenditure in Philippines is 1.19 billion, measured in 2024. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 8.9% on the previous year and up 79.3% over ten years.

Over the whole period, secondary income, debit/expenditure in Philippines peaked at 1.19 billion in 2024 and was at its lowest, 181.49 million, in 2005.

That places Philippines 70th out of 198 countries with data for 2024, putting it in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
2000s 265.13 million 181.49 million 401.17 million 5
2010s 651.49 million 374.06 million 822.87 million 10
2020s 973.62 million 781.42 million 1.19 billion 5

Countries ranked near Philippines

  1. 67 Mexico 1.41 billion compare
  2. 68 Cyprus 1.26 billion compare
  3. 69 Kyrgyz Republic 1.22 billion compare
  4. 71 Ecuador 1.16 billion compare
  5. 72 Latvia 1.14 billion compare
  6. 73 Mauritius 1.12 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 secondary income, debit/expenditure in Philippines?
Secondary income, debit/expenditure in Philippines was 1.19 billion in 2024, according to International Monetary Fund.
What is the highest secondary income, debit/expenditure recorded in Philippines?
The highest recorded value was 1.19 billion in 2024.
What is the lowest secondary income, debit/expenditure recorded in Philippines?
The lowest recorded value was 181.49 million in 2005.
How does Philippines rank for secondary income, debit/expenditure?
Philippines ranks 70th out of 198 countries with data for 2024.
Is secondary income, debit/expenditure rising or falling in Philippines?
Over the last ten years it is up 79.3%. 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 Secondary income, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Secondary income, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,850 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.