Imports of services as a part of balance of payment reached USD 19.5 bil in 2021 in Philippines, according to the National Statistical Office. This is 8.46% more than in the previous year.
Historically, imports of services as a part of balance of payment in Philippines reached an all time high of USD 28.2 bil in 2019 and an all time low of USD 0.844 bil in 1986.
Philippines has been ranked 43rd within the group of 140 countries we follow in terms of imports of services as a part of balance of payment.
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