PHILIPPINE EXTERNAL DEBT INDICATORS                
    2000 2001 2002 2003 2004 2005 Jan - March 2006 Jan - June 2006
 Outstanding External Debt (end-of-period, in billion US dollars) 51.2 51.9 53.6 57.4 54.8 54.2 55.3 53.9
   Ratios (in percent):   
   1.  External Debt/GNP       63.5       68.3       65.6       67.2       58.7       50.8            47.7          46.5
   2.  External Debt/GDP       67.5       72.9       69.8       72.1       63.3       55.1            52.0          50.7
   3.  DSB/XGSI  1/       13.0       15.7       17.1       16.9       13.8       13.5            12.4          11.5
   4.  DSB/Current Account Receipts  2/       12.5       14.5       15.8       15.7       12.9       12.6            11.7          10.9
   5.  GIR to ST Debt based on remaining maturity  3/     154.1     140.4     146.8     150.0     161.9     160.3          173.7        182.7
                   
                   
   
 1/  DSB stands for debt service burden which represents principal and interest payments on foreign loans excluding prepayments of   
 future year's maturities. XGSI represents exports of goods and receipts from services and income.  
 2/  Current account receipts represents the sum of XGSI and receipts of current transfers.  
 3/  Loans with original maturity of one year or less plus amortizations on MLT loans falling due during the next 12 months    
 Source:  International Department, BSP
 Selected Philippine Economic Indicators, BSP (August 2006)