Philippines - 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 |
Periodicity: Annual
General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: Balance of payments