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.
Sub-Topic: Balance of payments