Philippines: Travel services (% of service exports, BoP)

Key figures

What the numbers say

In 2025, Philippines' travel services (% of service exports, BoP) fell 1.46 percentage points on 2024 (from 18.39% to 16.93%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.13 percentage points and a typical year strayed about 8.42 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 30.84 percentage points in 1999 and the biggest yearly fall was 18.08 percentage points in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 3% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Philippines had the 98th highest value of the 134 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Philippines in the 2025 ranking

• Tajikistan — 95th of 134: 18.64%
• United States — 96th of 134: 17.3%
• Latvia — 97th of 134: 17.06%
• Ghana — 99th of 134: 16.76%
• Kuwait — 100th of 134: 16.71%
• Eswatini — 101st of 134: 16.34%

What this measures

Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 49 values

Travel services (% of service exports, BoP) in nearby economies

• Australia — 60.27% (2025)
• Brunei Darussalam — 34.85% (2025)
• Cambodia — 72.58% (2025)
• China — 14.34% (2025)
• Fiji — 53.08% (2024)
• French Polynesia — 47.68% (2016)
• Hong Kong SAR, China — 21.54% (2025)
• Indonesia — 42.92% (2025)
• Japan — 26.03% (2025)
• Kiribati — 27.03% (2025)

More economic policy & debt data for Philippines

• Total reserves, including gold (current US$) — US$110.93 billion (2025)
• Total reserves, excluding gold (current US$) — US$92.26 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$70.26 billion (2025)
• General government final consumption expenditure (constant LCU) — 3.5 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$) — US$339.25 billion (2025)
• Households and NPISHs final consumption expenditure (constant LCU) — 16.86 trillion (2025)
• Households and NPISHs final consumption expenditure per capita (constant 2015 US$) — US$2,905 (2025)
• Final consumption expenditure (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Philippines's travel services (% of service exports, BoP)?

16.93% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1977?

It is down 2.85 percentage points from 19.78% in 1977. The highest value was 49.81% in 1999 and the lowest 1.79% in 2021.

How does Philippines rank?

98th highest of 134 economies with data for 2025.

Is the latest change in travel services (% of service exports, BoP) unusual for Philippines?

In 2025, Philippines' travel services (% of service exports, BoP) fell 1.46 percentage points on 2024 (from 18.39% to 16.93%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.13 percentage points and a typical year strayed about 8.42 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator BX.GSR.TRVL.ZS, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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