Philippines - Net secondary income in current prices

30,462,069,092 (US dollars) in 2022

In 2022, net secondary income for Philippines was 30,462 million US dollars. Net secondary income of Philippines increased from 8,386 million US dollars in 2003 to 30,462 million US dollars in 2022 growing at an average annual rate of 7.17%.

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What is net secondary income?

Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.

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What is Philippines net secondary income?