	SELECTED EXTERNAL DEBT RATIOS
	for periods indicated
	in million US dollars

													Jan-Apr ^p/
			I t e m	2000	2001	2002	2003	2004	2005	2006	2007	^p/	2007		2008


	I. Debt Service Burden (DSB) ¹

		Total		6265	6530	7762	7948	7217	7624	8091	7309		2741		2976
		Principal		3092	3627	5179	5428	4852	4908	4841	4015		1418		1720
		Interest		3173	2903	2583	2520	2365	2716	3250	3294		1323		1256

	II. Export Shipments²			37347	31313	34403	35339	38794	40263	46526	49321		11931		12299

	III. Exports of Goods, and Receipts			48347	41537	45455	47079	52261	56520	67361	74699		23829		25990
		from Services & Income ^{2, 3}

	IV. Current Account Receipts²			49969	45057	49085	50684	55982	60436	70869	77654		24797		27083

	V. Gross National Product (GNP)			80691	76023	81756	85446	93649	106946	127329	157087		34021	^a/	45434	^a/

	VI. Gross Domestic Product (GDP)			75909	71216	76814	79634	86930	98829	117566	144062		31357	^a/	41134	^a/

	VII. External Debt (End-of-Period) ⁴
		Total		51206	51900	53645	57395	54846	54186	53367	54938		54046	^b/	54611	^b/
		Public		34136	33396	35535	39498	37895	36502	37076	37674		38323	^b/	40140	^b/
		Private		17070	18504	18110	17897	16951	17684	16291	17264		15723	^b/	14471	^b/

	VIII. Gross International Reserves ⁵			15063	15692	16365	17063	16228	18494	22967	33751		25090		36356
		(End-of-Period)

	IX. Ratios (%)

	1. DSB to Export Shipments			16.78	20.85	22.56	22.49	18.60	18.94	17.39	14.82		22.97		24.20
	2. DSB to Exports of Goods, and Receipts			12.96	15.72	17.08	16.88	13.81	13.49	12.01	9.78		11.50		11.45
		from Services & Income
	3. DSB to Current Account Receipts			12.54	14.49	15.81	15.68	12.89	12.61	11.42	9.41		11.05		10.99
	4. DSB to GNP			7.76	8.59	9.49	9.30	7.71	7.13	6.35	4.65		6.53	^a/	4.75	^a/	^r/
	5. DSB to GDP			8.25	9.17	10.10	9.98	8.30	7.71	6.88	5.07		7.08	^a/	5.24	^a/	^r/
	6. External Debt to GNP			63.46	68.27	65.62	67.17	58.57	50.67	41.91	34.97		40.80	^c/	32.40	^c/
	7.External Debt to GDP			67.46	72.88	69.84	72.07	63.09	54.83	45.39	38.13		44.23	^c/	35.48	^c/
		Public		44.97	46.89	46.26	49.60	43.59	36.93	31.54	26.15		31.36	^c/	26.08	^c/
		Private		22.49	25.98	23.58	22.47	19.50	17.89	13.86	11.98		12.87	^c/	9.40	^c/
	8. Gross International Reserves to
		Debt Service Burden		240.43	240.31	210.83	214.68	224.86	242.58	283.86	461.77		915.36		1221.64
¹	Debt service burden represents principal and interest payments after rescheduling. In accordance with internationally-accepted concept consists of:
	- Principal and interest payments on fixed MLT credits including IMF credits, loans covered by the Paris Club and commercial banks rescheduling, and
	New Money Facilities.
	- Interest payments on fixed and revolving short-term liabilities of banks and non-banks
	but excludes the following:
	- Prepayments on future years' maturities of foreign loans
	- Principal payments on fixed and revolving ST liabilities of banks and non-banks
²	Starting 1999, the data under the new concept are generally consistent with the concept and coverage prescribed by the Balance of
	Payments Manual 5th edition.
³	Starting 1999, income includes cash remittances of overseas Filipino workers that were coursed through and reported by commercial banks which are
	reflected under the income account and workers' remittances of Current Transfers account.
⁴	External debt data were revised from 1990 onwards to reflect the reclassification of offshore banking units (OBUs) from non-resident to resident entities
	for statistical purposes in line with international practices.
⁵	Figures from 1994 to 2004 were revised to reflect the reclassification of released collaterals on Brady Bonds from non-IR to IR-eligible assets of the BSP.
^a/	Data for the 1st quarter
^b/	Data as of end-March
^c/	For comparability with annual figures, GNP and GDP numbers used are based on the sum of the 1st quarter data of the current year and 2nd to 4th quarter data of the preceding year.
^p/	preliminary
^r/	revised to reflect latest data adjustments