Philippines - Net current transfers from abroad (current LCU)

The value for Net current transfers from abroad (current LCU) in Philippines was 1,365,280,000,000 as of 2020. As the graph below shows, over the past 22 years this indicator reached a maximum value of 1,447,650,000,000 in 2019 and a minimum value of 19,994,990,000 in 1998.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1998 19,994,990,000
1999 22,350,830,000
2000 21,302,070,000
2001 27,111,140,000
2002 26,527,080,000
2003 38,206,300,000
2004 30,434,240,000
2005 640,886,000,000
2006 679,587,000,000
2007 666,645,000,000
2008 699,100,000,000
2009 789,335,000,000
2010 793,741,000,000
2011 804,196,000,000
2012 823,447,000,000
2013 894,485,000,000
2014 1,011,430,000,000
2015 1,058,540,000,000
2016 1,174,370,000,000
2017 1,318,180,000,000
2018 1,412,290,000,000
2019 1,447,650,000,000
2020 1,365,280,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts