Philippines - Service exports in current prices

41,126,862,768 (US dollars) in 2022

In 2022, service exports for Philippines was 41,126 million US dollars. Service exports of Philippines increased from 5,666 million US dollars in 2003 to 41,126 million US dollars in 2022 growing at an average annual rate of 11.67%.

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What is service exports?

Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993)

What is Philippines service exports?