SDDS:  External Debt 1/                  
In Million USD                  
                   
  Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/
  as of End as of End as of End as of End as of End as of End as of End as of End as of End
  Dec-2001 Dec-2002 Dec-2003 Dec-2004 Dec-2005 Dec-2006 Dec-2007 Dec-2008 Mar-2009
1.  General Government 20,287 22,632 26,294 25,794 25,713 27,222 28,430 29,630 29,171
a.  Short-term 200  
1.  Bonds and notes 200  
b.  Long-term 20,287 22,632 26,094 25,794 25,713 27,222 28,430 29,630 29,171
1.  Bonds and notes 7,167 8,576 10,474 10,034 11,899 13,203 13,397 12,505 12,539
2.  Trade credits 19 16 12 8 4 1 0  
3.  Loans 13,101 14,041 15,608 15,752 13,810 14,018 15,033 17,125 16,633
2.  Monetary Authorities 5,744 4,649 4,422 2,721 1,866 440 337 1,805 1,748
a.  Short-term 2,225 1,600 1,750 875 416 1,500 1,500
1.  Loans 2,225 1,600 1,750 875 375 1,500 1,500
2.  Deposits 41  
b.  Long-term 3,519 3,049 2,672 1,846 1,451 440 337 305 248
1.  Bonds and notes 1,016 893 777 392 289 248 337 305 248
2.  Loans 553 481 702 699 771 192  
3.  Deposits 2  
4.  Use of IMF credits 1,948 1,675 1,193 755 390  
3.  Banks 5,858 6,320 6,824 6,929 9,219 9,434 10,006 6,325 5,356
a.  Short-term 2,578 2,913 2,977 2,430 4,397 3,197 4,627 3,246 2,464
1.  Loans 1,508 2,413 2,276 1,929 3,882 2,668 3,660 2,161 1,432
2.  Deposits 1,070 500 701 501 514 529 967 1,085 1,032
b.  Long-term 3,280 3,407 3,847 4,499 4,822 6,237 5,379 3,079 2,892
1.  Bonds and notes 637 472 612 639 632 734 539 159 158
2.  Loans 2,620 2,875 3,205 3,296 3,721 5,002 4,275 2,920 2,657
3.  Deposits 24 60 30 565 469 502 565 77
4.  Other Sectors 18,559 18,371 18,033 17,668 15,791 14,675 14,593 14,287 14,434
a.  Short-term 1,197 1,046 1,251 1,741 1,582 1,812 2,456 2,255 2,536
1.  Bonds and notes 100 90 25  
2.  Trade credits 696 507 774 1,282 1,188 1,551 2,153 1,746 2,039
3.  Loans 501 440 388 435 394 262 303 509 497
b.  Long-term 17,362 17,325 16,782 15,927 14,209 12,863 12,137 12,032 11,897
1.  Bonds and notes 4,747 4,710 4,958 4,749 4,363 4,524 4,288 4,350 4,184
2.  Trade credits 1,026 1,030 532 502 523 482 160 123 122
3.  Loans 11,588 11,585 11,291 10,676 9,323 7,857 7,689 7,559 7,592
5.  Direct investment:  Intercompany lending 1,452 1,673 1,822 1,734 1,596 1,595 1,571 1,809 1,774
1.  Loans 1,452 1,673 1,822 1,734 1,596 1,595 1,571 1,809 1,774
Total 51,900 53,645 57,395 54,846 54,186 53,367 54,938 53,856 52,483
   
1/  Excludes the following monitored private sector accounts:                
(a) Gross "Due to Head Office/Branches Abroad" of branches and offshore banking units of foreign banks operating in the Philippines, which are treated as quasi-equity in view of nil and/or token amounts of permanently assigned capital required of these banks, are excluded from  "Item 3. Banks" 3,064 2,451 2,034 2,578 3,042 2,674 2,812 2,989 2,943
(b) Long-term loans of non-banks obtained without BSP approval/registration which can not be serviced using the foreign exchange resources of the Philippine banking system are excluded from
"Item 4. Other Sectors"		 1,745 2,244 2,216 2,708 3,433 3,985 7,357 6,966 6,905
(c) Long-term obligations under capital lease agreements which are excluded from
"Item 4. Other Sectors"		 1,428 1,340 1,446 1,323 1,318 1,092 1,045 996 931
Effective March 31, 2004, Philippine external debt statistics have been revised to reclassify             
Offshore Banking Units in the Philippines as residents for statistical purposes.  
Source:  International Operations Department