Philippines - Net current transfers from abroad (constant LCU)

The value for Net current transfers from abroad (constant LCU) in Philippines was 465,222,000,000 as of 2012. As the graph below shows, over the past 14 years this indicator reached a maximum value of 503,093,000,000 in 2009 and a minimum value of 17,920,570,000 in 1998.

Definition: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1998 17,920,570,000
1999 236,109,000,000
2000 249,375,000,000
2001 329,047,000,000
2002 360,287,000,000
2003 401,781,000,000
2004 426,501,000,000
2005 488,082,000,000
2006 498,962,000,000
2007 462,886,000,000
2008 446,604,000,000
2009 503,093,000,000
2010 466,952,000,000
2011 471,452,000,000
2012 465,222,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts