Spending by a countrys residents while travelling abroad in Philippines

Philippines: Spending by a countrys residents while travelling abroad was 14.00 billion in 2024. ◆ Volatile

Latest (2024)
14.00 billion
Change on year
up 78.6%
World rank
29th
of 199 countries
All-time high
14.00 billion
in 2024
All-time low
551.00 million
in 1995
Years of data
30
1995–2024

Spending by a countrys residents while travelling abroad in Philippines, 1995–2024

05.0B10.0B15.0B1995200920241995: 551.0M1996: 1.3B1997: 2.0B1998: 2.0B1999: 1.7B2000: 1.8B2001: 1.9B2002: 1.9B2003: 1.6B2004: 1.5B2005: 3.3B2006: 3.1B2007: 3.4B2008: 4.3B2009: 4.1B2010: 6.0B2011: 6.1B2012: 7.1B2013: 8.4B2014: 11.1B2015: 11.9B2016: 11.7B2017: 12.4B2018: 12.5B2019: 12.9B2020: 4.3B2021: 3.5B2022: 5.5B2023: 7.8B2024: 14.0B

Source: Our World in Data.

Analysis

Philippines recorded 14.00 billion for spending by a countrys residents while travelling abroad in 2024. That is the highest value across all 30 years on record.

That represents a change of up 78.6% on the previous year and up 25.8% over ten years.

Over the whole period, spending by a countrys residents while travelling abroad in Philippines peaked at 14.00 billion in 2024 and was at its lowest, 551.00 million, in 1995.

Philippines ranks 29th of 199 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Spending by a countrys residents while travelling abroad in Philippines, year by year

Annual values for Spending by a countrys residents while travelling abroad in Philippines, 1995 to 2024.
Year Value Change
1995 551.00 million —
1996 1.29 billion +133.6%
1997 1.97 billion +53.0%
1998 2.02 billion +2.7%
1999 1.74 billion -14.1%
2000 1.84 billion +6.0%
2001 1.92 billion +4.2%
2002 1.87 billion -2.3%
2003 1.65 billion -12.0%
2004 1.53 billion -7.5%
2005 3.29 billion +115.3%
2006 3.08 billion -6.4%
2007 3.35 billion +9.0%
2008 4.29 billion +27.9%
2009 4.06 billion -5.3%
2010 5.96 billion +47.0%
2011 6.05 billion +1.5%
2012 7.14 billion +17.9%
2013 8.40 billion +17.6%
2014 11.13 billion +32.5%
2015 11.87 billion +6.6%
2016 11.68 billion -1.6%
2017 12.44 billion +6.5%
2018 12.47 billion +0.3%
2019 12.93 billion +3.6%
2020 4.34 billion -66.4%
2021 3.45 billion -20.4%
2022 5.46 billion +58.2%
2023 7.84 billion +43.5%
2024 14.00 billion +78.6%

Philippines compared with similar countries

  • Philippines's 14.00 billion is above the median for upper middle income countries, which is 1.09 billion, 12.9× the median. (56 countries reporting)
  • Philippines's 14.00 billion is above the median for East Asia & Pacific, which is 569.60 million, 24.6× the median. (32 countries reporting)

Biggest year-on-year movements

Years where Spending by a countrys residents while travelling abroad in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1996 +133.6% 551.00 million 1.29 billion

Averages by decade

DecadeAverage LowestHighest Years
1990s 1.51 billion 551.00 million 2.02 billion 5
2000s 2.69 billion 1.53 billion 4.29 billion 10
2010s 10.01 billion 5.96 billion 12.93 billion 10
2020s 7.02 billion 3.45 billion 14.00 billion 5

Countries ranked near Philippines

  1. 26 Mexico 15.68 billion compare
  2. 27 Indonesia 15.65 billion compare
  3. 28 Malaysia 14.23 billion compare
  4. 30 Sweden 14.00 billion compare
  5. 31 Kuwait 13.36 billion compare
  6. 32 Ireland 13.23 billion compare

See the full ranking of 199 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is spending by a countrys residents while travelling abroad in Philippines?
Spending by a countrys residents while travelling abroad in Philippines was 14.00 billion in 2024, according to Our World in Data.
What is the highest spending by a countrys residents while travelling abroad recorded in Philippines?
The highest recorded value was 14.00 billion in 2024.
What is the lowest spending by a countrys residents while travelling abroad recorded in Philippines?
The lowest recorded value was 551.00 million in 1995.
How does Philippines rank for spending by a countrys residents while travelling abroad?
Philippines ranks 29th out of 199 countries with data for 2024.
Is spending by a countrys residents while travelling abroad rising or falling in Philippines?
Over the last ten years it is up 25.8%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Our World in Data, published as part of Spending by a countrys residents while travelling abroad. Statizoid updates them automatically from the source API.

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Spending by a countrys residents while travelling abroad in Philippines. Statizoid, drawing on Our World in Data. Retrieved 15 November 2026, from https://reference.statizoid.com/stat/spending-by-a-countrys-residents-while-travelling-abroad/philippines/

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About this data

Indicator
Spending by a countrys residents while travelling abroad
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
199 places, 4,611 data points, 1995–2024
Last refreshed