Exports of services as a part of balance of payment rose 7.54% to USD 52.0 bil in Philippines in 2024, according to the National Statistical Office.
Historically, exports of services as a part of balance of payment in Philippines reached an all time high of USD 52.0 bil in 2024 and an all time low of USD 0.733 bil in 1977.
Philippines has been ranked 32nd within the group of 103 countries we follow in terms of exports of services as a part of balance of payment, 4 places above the position seen 10 years ago.
Exports of Services (BoP, USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Australia | USD bil | 69.4 | 70.9 | 50.3 | 45.9 | 53.1 | ||||||||||||||||
Cambodia | USD bil | 5.45 | 6.09 | 1.77 | 0.657 | 2.32 | ||||||||||||||||
China | USD bil | 234 | 244 | 229 | 339 | 372 | ||||||||||||||||
Hong Kong | USD bil | 113 | 102 | 66.9 | 79.1 | 83.1 | ||||||||||||||||
India | USD bil | 205 | 215 | 203 | 241 | 309 | ||||||||||||||||
Indonesia | USD bil | 31.2 | 31.6 | 15.0 | 14.0 | 23.2 | ||||||||||||||||
Japan | USD bil | 194 | 209 | 164 | 171 | 170 | ||||||||||||||||
Laos | USD bil | 0.985 | 1.18 | 0.347 | 0.125 | 0.406 | ... | |||||||||||||||
Malaysia | USD bil | 40.2 | 41.1 | 22.2 | 21.2 | 31.9 | ||||||||||||||||
Philippines | USD bil | 38.4 | 41.3 | 31.8 | 33.6 | 41.1 | ||||||||||||||||
Russia | USD bil | 64.6 | 62.0 | 48.0 | 55.6 | 48.8 | ||||||||||||||||
Singapore | USD bil | 213 | 225 | 217 | 285 | 340 | ||||||||||||||||
Taiwan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Thailand | USD bil | 77.5 | 81.2 | 31.0 | 25.4 | 38.9 | ||||||||||||||||
USA | USD bil | 866 | 891 | 726 | 805 | 949 | ||||||||||||||||
Vietnam | USD bil | 14.8 | 16.6 | 7.60 | 4.21 | 13.5 |