PHILIPPINE EXTERNAL DEBT INDICATORS                          
   March  
        2000 2001 2002 2003 2004 2005 2006 2007 2008 2008 a/ 2009  a/
   Outstanding External Debt (end-of-period, in billion US dollars) 51.2 51.9 53.6 57.4 54.8 54.2 53.4 54.9 53.9 54.6 52.5  
   Ratios (in percent):   
   1.  External Debt/GNP     63.5     68.3     65.6     67.2     58.6     50.7     41.9     35.1     29.0     32.6     28.8  
   2.  External Debt/GDP     67.5     72.9     69.8     72.1     63.1     54.8     45.4     38.1     32.3     35.6     32.3  
   3.  External Debt Service Ratio  1/     13.0     15.7     17.1     16.9     13.8     13.5     12.0     10.1       9.6       9.8     10.3  
   4.  GIR to Short-Term Debt based on original maturity 2/   274.1   261.5   294.4   276.2   321.6   289.2   458.5   476.5   536.4   550.6   600.6  
   5.  GIR to Short-Term Debt based on remaining maturity  3/   154.1   140.4   146.8   150.0   161.9   160.3   235.4   289.6   337.6   342.9   335.1  a/
                                 
                                 
   
   
 1/  Computed as the ratio of debt service burden (DSB) to exports of goods and receipts from services and income (XGSI).    
   Income includes cash remittances of overseas Filipino workers that were coursed through banks.  
   DSB represents the sum of principal and interest payments on foreign loans excluding prepayments of future years' maturities.  
 2/  Loans with original maturity of one year or less  
 3/  Loans with original maturity of one year or less plus amortizations on medium and long-term loans falling due within the next 12 months  
 a/  For comparability, data on Gross National Product (GNP), Gross Domestic Product (GDP), DSB and XGSI for March 2008 and March 2009 were annualized.  
   
 Source:  International Operations Department, Bangko Sentral ng Pilipinas