Current Account Balance: $7.512 billion (2013 est.)
Definition: This entry records a country's net trade in goods and services, plus net earnings from rents, interest, profits, and dividends, and net transfer payments (such as pension funds and worker remittances) to and from the rest of the world during the period specified. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
Source: CIA World Factbook - This page was last updated on June 30, 2015See Also
Related Data From the International Monetary Fund
Variable: Current account balance
Note: Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.
Units: U.S. dollars
Country-specific Note: Source: CEIC Latest actual data: 2010 Notes: IMF staff calculations were also used to provide this series. BOP Manual used: BPM 5 Primary domestic currency: Philippine pesos Data last updated: 09/2011
Source: International Monetary Fund - 2011 World Economic Outlook
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