PHILIPPINE EXTERNAL DEBT INDICATORS                          
  June
        2005 2006 2007 2008 2009 2010 2011 2012 2012 a/ 2013 a/  
  Outstanding External Debt (end-of-period, in billion US dollars) 54.4 53.9 55.5 54.3 54.9 60.0 60.4 60.3 61.2 58.0  
  Ratios (in percent):††  
  1.External Debt/GNI †††††††† 41.9 ††††††††† 35.1 ††††††††††† 29.6 ††††††††††† 24.7 ††††††††††† 24.5 ††††††††††† 25.0 ††††††††††† 22.6 ††††††††††† 20.2 ††††††††††† 21.8 ††††††††††† 18.3  
  2.External Debt/GDP †††††††† 52.7 ††††††††† 44.1 ††††††††††† 37.1 ††††††††††† 31.3 ††††††††††† 32.6 ††††††††††† 30.1 ††††††††††† 27.0 ††††††††††† 24.1 ††††††††††† 26.1 ††††††††††† 21.8  
  3.External Debt Service Ratio1/ †††††††† 13.5 ††††††††† 12.0 ††††††††††† 10.1 ††††††††††††† 9.7 ††††††††††† 10.4 ††††††††††††† 8.7 ††††††††††† 10.2 ††††††††††††† 7.4 ††††††††††††† 9.2 ††††††††††††† 7.5  
  4.GIR to Short-Term Debt based on original maturity 2/ †††††† 289.2 ††††††† 458.5 ††††††††† 476.5 ††††††††† 536.4 †††††† 1,105.4 ††††††††† 990.8 †††††† 1,073.8 ††††††††† 988.2 †††††† 1,083.9 ††††††††† 850.9  
  5.GIR to Short-Term Debt based on remaining maturity3/ †††††† 164.6 ††††††† 251.3 ††††††††† 300.7 ††††††††† 331.7 ††††††††† 503.8 ††††††††† 554.6 ††††††††† 719.6 ††††††††† 710.1 ††††††††† 656.4 ††††††††† 624.2  
                                 
   
   
1/Computed as the ratio of debt service burden (DSB) to exports of goods and receipts from services and primary 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.  
  Data on Exports of Goods and Receipts from Services and Primary Income (XGSI) for 2011 and 2012 have been revised to conform with  
  the International Monetary Fundís Balance of Payments and International Investment Position Manual, 6th edition (BPM6).  
  Data for 2013 and onwards are likewise in line with BPM6.  
2/Refers to short-term loans with original maturity of one year or less  
3/Refers to short-term 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 Income (GNI), Gross Domestic Product (GDP), DSB and XGSI for June 2012 and June 2013 were annualized.  
   
Source: International Operations Department, Bangko Sentral ng Pilipinas