PHILIPPINE EXTERNAL DEBT INDICATORS                      
   Jan - Jun  
        2000 2001 2002 2003 2004 2005 2006 2006   2007  
   Outstanding External Debt (end-of-period, in billion US dollars) 51.2 51.9 53.6 57.4 54.8 54.2 53.4 53.9   53.0  
   Ratios (in percent):   
   1.  External Debt/GNP     63.5     68.3     65.6     67.2     58.6     50.7     41.7     46.5  a/     37.8  a/
   2.  External Debt/GDP     67.5     72.9     69.8     72.1     63.1     54.9     45.4     50.5  a/     41.3  a/
   3.  DSB/XGSI  1/     13.0     15.7     17.1     16.9     13.8     13.5     11.7     11.3       9.6  
   4.  DSB/Current Account Receipts  2/     12.5     14.5     15.8     15.7     12.9     12.6     11.1     10.8       9.2  
   5.  GIR to ST Debt based on remaining maturity  3/   154.1   140.4   146.8   150.0   161.9   160.3   235.4   179.1   257.3  b/
                             
                             
   
   
 1/  DSB stands for debt service burden which represents principal and interest payments on foreign loans excluding prepayments of future years' maturities;
   XGSI refers to 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  
 a/  For comparability, numbers used for Gross National Product (GNP) and Gross Domestic Product (GDP) were annualized.  
 b/  297.3 percent if GIR of US$30.5 billion as of end-August 2007 is used.                    
 Sources:  International Department, BSP
 Department of Economic Statistics, BSP