Philippines - Current account balance
Current account balance (BoP, current US$)
The latest value for Current account balance (BoP, current US$) in Philippines was ($6,921,971,000) as of 2021. Over the past 44 years, the value for this indicator has fluctuated between $11,578,390,000 in 2020 and ($8,877,048,000) in 2018.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
See also:
| Year | Value |
|---|---|
| 1977 | ($754,000,000) |
| 1978 | ($1,094,000,000) |
| 1979 | ($1,496,000,000) |
| 1980 | ($1,904,000,000) |
| 1981 | ($2,061,000,000) |
| 1982 | ($3,200,000,000) |
| 1983 | ($2,771,000,000) |
| 1984 | ($1,294,000,000) |
| 1985 | ($36,000,000) |
| 1986 | $952,000,000 |
| 1987 | ($444,000,000) |
| 1988 | ($390,000,000) |
| 1989 | ($1,456,000,000) |
| 1990 | ($2,695,000,000) |
| 1991 | ($1,034,000,000) |
| 1992 | ($1,000,000,000) |
| 1993 | ($3,016,000,000) |
| 1994 | ($2,950,000,000) |
| 1995 | ($1,980,000,000) |
| 1996 | ($3,953,000,000) |
| 1997 | ($4,351,000,000) |
| 1998 | $1,546,000,000 |
| 1999 | ($2,875,000,000) |
| 2000 | ($2,228,000,000) |
| 2001 | ($1,750,000,000) |
| 2002 | ($282,000,000) |
| 2003 | $285,000,000 |
| 2004 | $1,625,000,000 |
| 2005 | $1,990,393,000 |
| 2006 | $6,962,857,000 |
| 2007 | $8,071,945,000 |
| 2008 | $144,021,000 |
| 2009 | $8,448,167,000 |
| 2010 | $7,179,161,000 |
| 2011 | $5,642,728,000 |
| 2012 | $6,949,480,000 |
| 2013 | $11,383,510,000 |
| 2014 | $10,755,930,000 |
| 2015 | $7,265,678,000 |
| 2016 | ($1,198,874,000) |
| 2017 | ($2,142,969,000) |
| 2018 | ($8,877,048,000) |
| 2019 | ($3,046,835,000) |
| 2020 | $11,578,390,000 |
| 2021 | ($6,921,971,000) |
Current account balance (% of GDP)
Current account balance (% of GDP) in Philippines was 3.20 as of 2020. Its highest value over the past 43 years was 5.45 in 2006, while its lowest value was -7.58 in 1982.
Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
See also:
| Year | Value |
|---|---|
| 1977 | -3.38 |
| 1978 | -4.25 |
| 1979 | -4.79 |
| 1980 | -5.17 |
| 1981 | -5.09 |
| 1982 | -7.58 |
| 1983 | -7.34 |
| 1984 | -3.62 |
| 1985 | -0.10 |
| 1986 | 2.80 |
| 1987 | -1.17 |
| 1988 | -0.90 |
| 1989 | -3.00 |
| 1990 | -5.34 |
| 1991 | -2.00 |
| 1992 | -1.66 |
| 1993 | -4.86 |
| 1994 | -4.03 |
| 1995 | -2.34 |
| 1996 | -4.18 |
| 1997 | -4.62 |
| 1998 | 2.08 |
| 1999 | -3.36 |
| 2000 | -2.66 |
| 2001 | -2.22 |
| 2002 | -0.33 |
| 2003 | 0.33 |
| 2004 | 1.71 |
| 2005 | 1.85 |
| 2006 | 5.45 |
| 2007 | 5.17 |
| 2008 | 0.08 |
| 2009 | 4.80 |
| 2010 | 3.45 |
| 2011 | 2.41 |
| 2012 | 2.65 |
| 2013 | 4.01 |
| 2014 | 3.62 |
| 2015 | 2.37 |
| 2016 | -0.38 |
| 2017 | -0.65 |
| 2018 | -2.56 |
| 2019 | -0.81 |
| 2020 | 3.20 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments
