| Balance of Payments A/ | | | 1996Q1 |
1996Q2 |
1996Q3 |
1996Q4 |
1997Q1 |
1997Q2 |
1997Q3 |
1997Q4 |
1998Q1 |
1998Q2 |
1998Q3 |
1998Q4 |
1999Q1 |
1999Q2 |
1999Q3 |
1999Q4 |
|
Current Transactions |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
|
....Merchandise Trade, Net |
-943.0 |
-2092.0 |
-255.0 |
-1243.0 |
-2893.0 |
-2092.0 |
-225.0 |
-970.0 |
-1085.0 |
-253.0 |
240.0 |
798.0 |
1216.0 |
809.0 |
2263.0 |
2230.0 |
|
........Exports |
4685.0 |
4897.0 |
5344.0 |
5617.0 |
5506.0 |
4897.0 |
5344.0 |
6865.0 |
6816.0 |
7088.0 |
7940.0 |
7651.0 |
7853.0 |
7950.0 |
9754.0 |
7651.0 |
|
........Imports |
7358.0 |
8273.0 |
8057.0 |
8199.0 |
8399.0 |
8273.0 |
8057.0 |
9254.0B/ |
7901.0 |
7341.0 |
7427.0 |
6853.0 |
7305.0 |
7802.0 |
8001.0 |
7618.0 |
|
....Services, Net |
1728.0 |
1284.0 |
2488.0 |
1339.0 |
2132.0 |
1284.0 |
2488.0 |
1419.0 |
869.0 |
177.0 |
-293.0 |
29.0 |
668.0 |
661.0 |
510.0 |
374.0 |
|
....Transfers, Net |
172.0 |
154.0 |
189.0 |
74.0 |
248.0 |
154.0 |
189.0 |
286.0 |
206.0 |
140.0 |
80.0 |
82.0 |
108.0 |
117.0 |
117.0 |
141.0 |
|
........Current Account, Net |
-771.0 |
-1938.0 |
-36.0 |
-1169.0 |
-513.0 |
-1938.0 |
-36.0 |
-684.0 |
-10.0 |
64.0 |
300.0 |
855.0 |
1324.0 |
926.0 |
2380.0 |
2371.0 |
|
............As Percent of GNP |
-4.0 |
-9.0 |
0.0 |
-5.0 |
-2.0 |
-9.0 |
0.0 |
... |
0.0 |
... |
... |
4.0 |
7.0 |
5.0 |
12.0 |
11.0 |
|
Capital and Financial Account |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
|
....Medium & Long-Term Loans, Net |
166.0 |
974.0 |
1019.0 |
531.0 |
1380.0 |
974.0 |
1019.0 |
613.0 |
566.0 |
1296.0 |
162.0 |
266.0 |
2226.0 |
-207.0 |
807.0 |
650.0 |
|
....Foreign Investments, Net |
655.0 |
359.0 |
267.0 |
-113.0 |
1000.0 |
369.0 |
267.0 |
-175.0 |
522.0 |
187.0 |
-103.0 |
1097.0 |
627.0 |
487.0 |
-91.0 |
260.0 |
|
....Short-Term Capital, Net |
188.0 |
26.0 |
164.0 |
162.0 |
264.0 |
26.0 |
164.0 |
218.0 |
-200.0 |
-247.0 |
-159.0 |
-541.0 |
61.0 |
-1180.0 |
-621.0 |
-1814.0 |
|
....Change in Commercial Banks NFA |
863.0 |
2086.0 |
1013.0 |
249.0 |
353.0 |
2086.0 |
1013.0 |
-1819.0 |
286.0 |
505.0 |
-1041.0 |
-696.0 |
-966.0 |
1530.0 |
-606.0 |
1908.0 |
|
........Capital and Financial Account, Net |
1872.0 |
3445.0 |
2463.0 |
829.0 |
2820.0 |
3445.0 |
2463.0 |
-1406.0 |
1211.0 |
1490.0 |
-585.0 |
-452.0 |
1710.0 |
684.0 |
-398.0 |
2324.0 |
|
Others |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
|
....Monetization of Gold |
53.0 |
50.0 |
55.0 |
40.0 |
-4.0 |
50.0 |
55.0 |
44.0 |
0.0 |
46.0 |
47.0 |
0.0 |
35.0 |
42.0 |
57.0 |
63.0 |
|
....Revaluation Adjustments |
-1.0 |
-96.0 |
-41.0 |
-65.0 |
-177.0 |
-96.0 |
-41.0 |
-226.0 |
0.0 |
-91.0 |
41.0 |
-12.0 |
46.0 |
-136.0 |
250.0 |
-74.0 |
|
....Errors and Omissions,Net Unclassified |
-264.0 |
66.0 |
-1108.0 |
723.0 |
-1556.0 |
66.0 |
-1108.0 |
-904.0 |
-584.0 |
-567.0 |
939.0 |
-628.0 |
-1168.0 |
-632.0 |
-1810.0 |
447.0 |
|
....Overall Surplus/Deficit (As Percent of GNP) |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
... |
|
....Overall Balance of Payment |
889.0 |
1527.0 |
1333.0 |
358.0 |
570.0 |
1527.0 |
1333.0 |
2156.0 |
617.0 |
942.0 |
323.0 |
-235.0 |
1947.0 |
930.0 |
479.0 |
483.0 |
|
........As Percent of GNP |
4.0 |
7.0 |
6.0 |
1.0 |
3.0 |
7.0 |
6.0 |
... |
4.0 |
... |
... |
1.0 |
10.0 |
5.0 |
2.0 |
2.0 |
Notes:
A/ NSO data to exclude aircraft procured under operational lease arrangement amounting to $147 million, $542 million, $45 million and $45 million and $45 million for 1995, 1996 and April 1997, respectively.
B/ Revised as of August 7, 1997 to exclude resident transactions in FCD's, bills payable and other monetary foreign assets.
Unit: In Millions of Foreign Currency/US$
Last Update: Jun 01, 2004
Source: Bangko Sentral ng Pilipinas
|