Philippines - Commercial service imports

Commercial service imports (current US$)

The value for Commercial service imports (current US$) in Philippines was 19,046,030,000 as of 2021. As the graph below shows, over the past 44 years this indicator reached a maximum value of 27,685,820,000 in 2019 and a minimum value of 794,000,000 in 1977.

Definition: Commercial service imports are total service imports minus imports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1977 794,000,000
1978 896,000,000
1979 1,088,000,000
1980 1,318,000,000
1981 1,522,000,000
1982 1,716,000,000
1983 1,598,000,000
1984 1,149,000,000
1985 845,000,000
1986 823,000,000
1987 1,124,000,000
1988 1,301,000,000
1989 1,536,000,000
1990 1,721,000,000
1991 1,783,000,000
1992 2,305,000,000
1993 3,072,000,000
1994 4,639,000,000
1995 6,906,000,000
1996 9,392,000,000
1997 14,073,000,000
1998 10,087,000,000
1999 5,072,000,000
2000 5,175,000,000
2001 5,348,000,000
2002 5,439,000,000
2003 5,377,000,000
2004 5,814,000,000
2005 6,395,321,000
2006 6,491,471,000
2007 7,417,666,000
2008 10,875,250,000
2009 8,965,207,000
2010 11,714,150,000
2011 12,013,360,000
2012 13,962,380,000
2013 16,058,340,000
2014 20,606,920,000
2015 23,355,450,000
2016 23,803,650,000
2017 25,844,800,000
2018 26,270,820,000
2019 27,685,820,000
2020 17,552,800,000
2021 19,046,030,000

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports