Philippines - Net capital account

Net capital account (BoP, current US$)

The latest value for Net capital account (BoP, current US$) in Philippines was $171,000,000 as of 2011. Over the past 6 years, the value for this indicator has fluctuated between $171,000,000 in 2011 and $24,000,000 in 2007.

Definition: Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2005 $40,000,000
2006 $138,000,000
2007 $24,000,000
2008 $53,000,000
2009 $104,000,000
2010 $98,000,000
2011 $171,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments