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🇵🇭 Philippines External balance on goods and services (constant LCU) — Historical Data

World Bank data • 2018–2024 • 7 data points • Economy & Growth

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Latest Value

-2,369,769,060,200

2024

Year-on-Year

-6.5%

vs 2023

10-Year Average

-2,049,591,635,600

2015–2024

Range

▲ -1,401,221,766,300 (2020)

▼ -2,369,769,060,200 (2024)

Philippines External balance on goods and services (constant LCU) — 2018 to 2024

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About this Indicator

The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

Year	Value	Change
2024	-2,369,769,060,200	-6.5%
2023	-2,226,056,269,600	-0.3%
2022	-2,220,000,508,400	-22.7%
2021	-1,809,535,297,800	-29.1%
2020	-1,401,221,766,300	+35.6%
2019	-2,176,921,561,400	-1.6%
2018	-2,143,636,985,500

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Compare with Other Countries

🇦🇫Afghanistan

-376,234,000,0002023

-919,977,372,7482024

🇦🇱Albania

-238,352,274,5002024

🇦🇪United Arab Emirates

🇦🇷Argentina

-13,001,878,2002024

🇦🇲Armenia

🇦🇸American Samoa

-249,000,0002022

🇦🇺Australia

🇦🇹Austria

🇦🇿Azerbaijan

🇧🇪Belgium

-278,800,000,0002024

🇧🇫Burkina Faso

-1,417,995,712,3002024

🇧🇩Bangladesh

-1,959,327,699,3002024

🇧🇬Bulgaria

🇧🇭Bahrain

🇧🇸Bahamas, The

-153,100,0002024

🇧🇦Bosnia and Herzegovina

-4,974,855,3002024

🇧🇾Belarus

🇧🇲Bermuda

🇧🇴Bolivia

-14,151,343,0772024

🇧🇳Brunei Darussalam

-33,748,378,7002023

🇧🇼Botswana

-6,646,609,2002024

🇨🇫Central African Republic

-131,488,967,6002024

-85,256,423,0002024

🇨🇭Switzerland

-3,700,483,741,8002024

🇨🇮Cote d'Ivoire

🇨🇲Cameroon

-1,296,900,000,0002024

🇨🇩Congo, Dem. Rep.

🇨🇬Congo, Rep.

🇨🇴Colombia

-97,617,000,000,0002024

🇰🇲Comoros

-110,642,557,0002024

🇨🇻Cabo Verde

-40,360,204,7002024

🇨🇷Costa Rica

-354,000,0002024

🇨🇼Curacao

-1,413,600,0002011

🇨🇿Czechia

🇩🇪Germany

🇩🇯Djibouti

🇩🇰Denmark

🇩🇴Dominican Republic

-382,617,966,1002024

🇩🇿Algeria

-953,633,769,7522024

🇪🇨Ecuador

🇪🇬Egypt, Arab Rep.

-428,020,000,0002024

🇪🇷Eritrea

-3,519,140,2002011

🇪🇪Estonia

-1,142,088,0002024

🇪🇹Ethiopia

-327,946,776,7002024

🇫🇮Finland

-1,396,121,427,0002024

🇬🇧United Kingdom

-10,134,382,0002024

🇬🇪Georgia

-7,168,839,7812024

-14,093,606,833,1202024

🇬🇲Gambia, The

-23,997,436,8492024

🇬🇼Guinea-Bissau

-167,989,503,4002024

🇬🇶Equatorial Guinea

-17,050,119,0002024

🇬🇱Greenland

-4,642,800,0002023

🇬🇹Guatemala

-123,139,307,0002024

-3,301,000,0002022

🇭🇰Hong Kong SAR, China

🇭🇳Honduras

-48,681,600,0002024

🇭🇷Croatia

-3,430,984,7002024

-180,441,955,4002024

🇭🇺Hungary

🇮🇩Indonesia

-1,612,913,242,7002024

🇮🇪Ireland

🇮🇷Iran, Islamic Rep.

🇮🇸Iceland

-71,503,366,0002024

🇰🇿Kazakhstan

-2,080,509,276,9362024

-742,901,000,0002024

🇰🇬Kyrgyz Republic

-565,033,604,3002024

🇰🇭Cambodia

-5,356,362,978,2002024

🇰🇮Kiribati

-347,020,1582023

🇰🇷Korea, Rep.

🇱🇦Lao PDR

-15,698,851,400,0002016

🇱🇧Lebanon

-10,283,412,000,0002023

🇱🇰Sri Lanka

-144,042,627,8652024

🇱🇸Lesotho

-15,391,245,1002023

🇱🇹Lithuania

🇱🇺Luxembourg

-403,060,0002024

🇲🇴Macao SAR, China

🇲🇦Morocco

-179,971,000,0002024

🇲🇩Moldova

-59,404,618,1002024

🇲🇬Madagascar

-2,904,636,130,6002024

🇲🇻Maldives

-1,626,593,206,0002024

🇲🇭Marshall Islands

-110,116,0812024

🇲🇰North Macedonia

-107,371,000,0002024

-1,822,280,477,6472024

🇲🇪Montenegro

-1,868,478,8002024

🇲🇳Mongolia

-13,379,473,530,0002024

🇲🇵Northern Mariana Islands

-520,000,0002022

🇲🇿Mozambique

-199,372,257,8002024

🇲🇷Mauritania

-72,476,860,7002024

🇲🇺Mauritius

-887,903,000,0002023

🇲🇾Malaysia

🇳🇦Namibia

-73,008,242,2002024

-1,023,713,391,5002024

🇳🇮Nicaragua

-70,906,333,4002024

🇳🇱Netherlands

-42,469,334,0002024

-789,000,450,0992024

🇳🇿New Zealand

-4,062,918,0002024

🇵🇰Pakistan

-5,700,864,291,4742024

-13,359,000,0002024

🇵🇭Philippines

-2,369,769,060,2002024

-113,844,2312023

🇵🇹Portugal

🇵🇾Paraguay

🌐West Bank and Gaza

-4,130,000,0002024

🇷🇴Romania

-187,441,400,0002024

-1,159,861,152,4002024

🇸🇦Saudi Arabia

-875,813,9002024

🇸🇳Senegal

-4,403,020,913,9002024

🇸🇬Singapore

🇸🇧Solomon Islands

-4,732,455,8702024

🇸🇱Sierra Leone

🇸🇻El Salvador

-4,687,163,4002024

🇸🇲San Marino

🇸🇴Somalia, Fed. Rep.

-207,871,532,440,0002024

-523,259,135,0002024

🇸🇸South Sudan

-2,803,505,6002015

🇸🇰Slovak Republic

🇸🇮Slovenia

🇸🇿Eswatini

🇸🇨Seychelles

-5,126,406,7002024

🇸🇾Syrian Arab Republic

-220,821,000,0002022

-633,584,000,0002022

🇹🇭Thailand

🇹🇲Turkmenistan

🇹🇱Timor-Leste

-1,146,197,5912024

-482,512,1422023

🇹🇳Tunisia

-8,172,641,5002024

🇹🇷Turkiye

🇹🇿Tanzania

-6,691,734,232,8002024

-5,608,875,942,1002024

🇺🇦Ukraine

-1,035,889,749,4002024

🇺🇾Uruguay

🇺🇸United States

-992,321,905,0002024

🇺🇿Uzbekistan

-17,562,588,747,0002024

🇻🇪Venezuela, RB

-2,025,891,9312024

🇻🇳Viet Nam

🇻🇺Vanuatu

-34,572,000,0002022

-627,038,2002024

-1,811,643,9762024

🇾🇪Yemen, Rep.

-68,131,338,7002018

🇿🇦South Africa

-18,061,667,5002024

🇿🇼Zimbabwe

-4,020,055,8002024

See all countries for this indicator →

📊 Related Indicators

Adjusted net national income (current US$)

Adjusted net national income (constant 2015 US$)

Adjusted net savings, excluding particulate emission damage (current US$)

Adjusted net national income per capita (current US$)

Adjusted net national income per capita (constant 2015 US$)

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