Philippines Foreign Reserves
Total reserves including gold FI.RES.TOTL.CD
Philippines's foreign reserves was $101.2B in 2025, ranked 29th globally. This represents a 4.7% decrease from 2024. Data from World Bank, covering 1960–2025.
Overview
Philippines's foreign reserves stood at $101.2B in 2025, a decline of +$5.0B from 2024. Based on recent trends, this figure is projected to reach $101.2B by 2025. Philippines ranked 29th globally.
The Philippines' foreign reserves have experienced significant fluctuations over the past 66 years, with the all-time peak of 109,990,274,218.87 in 2020 and the trough of 53,690,650.00 in 1961. Although the country's foreign reserves have declined since the peak, the latest value of 101,163,599,085.83 as of 2025 remains substantial, ranking 29th globally. In comparison, Malaysia, a peer country, maintained a higher foreign reserve level of 117,897,309,835.35. The Philippines' foreign reserves have demonstrated resilience, especially considering the economic challenges posed by the COVID-19 pandemic. A shift in global economic conditions or policy adjustments, such as changes in interest rates or trade policies, could alter the trajectory of the Philippines' foreign reserves. As the global economy continues to adapt to emerging trends and challenges, the Philippines' foreign reserve levels will likely be influenced by its ability to navigate these shifts while maintaining a stable economic environment.
Data & projection
| Year | Foreign Reserves | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $98.6B | - | - |
| 2026* trend | $99.9B | - | - |
| 2025* trend | $101.2B | - | - |
| 2025 | $101.2B | −$5.0B | #29 |
| 2024 | $106.2B | +$2.5B | #26 |
| 2023 | $103.7B | +$7.7B | #28 |
| 2022 | $96.0B | −$12.7B | #28 |
| 2021 | $108.8B | −$1.2B | #26 |
| 2020 | $110.0B | +$20.5B | #22 |
| 2019 | $89.5B | +$10.3B | #25 |
| 2018 | $79.2B | −$2.2B | #28 |
| 2017 | $81.4B | +$747.3M | #27 |
| 2016 | $80.7B | +$25.8M | #27 |
| 2015 | $80.6B | +$1.0B | #25 |
| 2014 | $79.6B | −$3.6B | #25 |
| 2013 | $83.2B | −$606.2M | #25 |
| 2012 | $83.8B | +$8.7B | #25 |
| 2011 | $75.1B | +$12.8B | #25 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw foreign reserves improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's foreign reserves was $101.2B in 2025. Ranked 29th globally. This represents a 4.7% decrease from the previous year.
Philippines's foreign reserves peaked at $110.0B in 2020.
The lowest foreign reserves in Philippines was $53.7M in 1961.
Philippines ranks 29th globally in foreign reserves as of 2025.
The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.
Philippines's foreign reserves is projected to reach $101.2B by 2025 based on trend extrapolation.
Philippines's foreign reserves was approximately 101.16 billion ($101.2B) in 2025.
The foreign reserves of Philippines in 2025 was $101.2B. This ranks 29th in the world.
Cite this page
@misc{historysaid_philippines_reserves,
title = {Philippines Foreign Reserves},
url = {https://historysaid.com/philippines/reserves/},
publisher = {HistorySaid},
year = {2026}
}