Current account balance (% of GDP) in Philippines stood at -3.3% of GDP in 2025, according to IMF. The latest value is up 0.7 percentage points from -4% of GDP in 2024. Ten years earlier, in 2015, the value was 2.4% of GDP (down 5.7 percentage points since). The highest value since 1980 was 5.5% of GDP in 2006, the lowest -7.5% of GDP in 1982. Philippines ranked 47th highest of the 52 countries in this dataset in 2025; Singapore ranked first.
Data source: IMF · Unit: % of GDP · Category: Macroeconomics · Explore more indicators on EconDash
Current account balance (% of GDP), measured in % of GDP, measures the total economic output of Philippines. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Philippines, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.
Current account balance (% of GDP) in Philippines stood at -3.3% of GDP in 2025, according to IMF.
The latest value is up 0.7 percentage points from -4% of GDP in 2024. Ten years earlier, in 2015, the value was 2.4% of GDP (down 5.7 percentage points since).
Philippines ranked 47th highest of the 52 countries in this dataset in 2025; Singapore ranked first.
The highest value since 1980 was 5.5% of GDP in 2006, the lowest -7.5% of GDP in 1982.
| Indicator | Current account balance (% of GDP) |
|---|---|
| Country | Philippines |
| Category | Macroeconomics |
| Unit | % of GDP |
| Source | IMF |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
IMF projection for 2026: -4.8% of GDP
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International Monetary Fund. (2026). Current account balance (% of GDP) — Philippines [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/current-account-balance-2/PHL. Original source: https://www.imf.org/external/datamapper/BCA_NGDPD@WEO/WEOWORLD
International Monetary Fund. "Current account balance (% of GDP) — Philippines." EconDash, 2026, https://econdash.org/chart/current-account-balance-2/PHL. Accessed 13 Nov. 2026. Original source: https://www.imf.org/external/datamapper/BCA_NGDPD@WEO/WEOWORLD.
International Monetary Fund. 2026. "Current account balance (% of GDP) — Philippines." EconDash. Accessed November 13, 2026. https://econdash.org/chart/current-account-balance-2/PHL. Original source: https://www.imf.org/external/datamapper/BCA_NGDPD@WEO/WEOWORLD.
@misc{econdash_current_account_balance_2_phl,
author = {{International Monetary Fund}},
title = {{Current account balance (\% of GDP) --- Philippines}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/current-account-balance-2/PHL},
note = {Accessed: 2026-11-13. Original source: https://www.imf.org/external/datamapper/BCA\_NGDPD@WEO/WEOWORLD}
}Browse indicators available for Philippines. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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