PHILIPPINE EXTERNAL DEBT INDICATORS                        
  March
        2007 2008 2009 2010 2011 2012 2013 2013 a/ 2014 a/  
  Outstanding External Debt (end-of-period, in billion US dollars) 55.5 54.3 54.9 60.0 60.4 60.3 58.5 59.0 58.3  
  Ratios (in percent):††  
  1.External Debt/GNI ††††††††††† 29.6 ††††††††††† 24.7 ††††††††††† 24.5 ††††††††††† 25.0 ††††††††††† 22.5 ††††††††††† 20.2 ††††††††††† 17.9 ††††††††††† 19.1 ††††††††††† 17.9  
  2.External Debt/GDP ††††††††††† 37.1 ††††††††††† 31.3 ††††††††††† 32.6 ††††††††††† 30.1 ††††††††††† 27.0 ††††††††††† 24.1 ††††††††††† 21.5 ††††††††††† 22.8 ††††††††††† 21.5  
  3.External Debt Service Ratio1/ ††††††††††† 10.7 ††††††††††† 10.5 ††††††††††† 11.0 ††††††††††††† 9.9 ††††††††††††† 9.9 ††††††††††††† 7.3 ††††††††††††† 7.6 ††††††††††††† 8.0 ††††††††††††† 6.5  
  4.GIR to Short-Term Debt based on original maturity 2/ ††††††††† 476.5 ††††††††† 536.4 †††††† 1,105.4 ††††††††† 990.8 †††††† 1,073.8 ††††††††† 988.2 ††††††††† 741.9 ††††††††† 857.9 ††††††††† 755.6  
                               
                               
   
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 2005 onwards have been revised to conform with  
  the International Monetary Fundís Balance of Payments and International Investment Position Manual, 6th edition (BPM6).  
2/Refers to short-term loans with original maturity of one year or less  
a/For comparability, data on Gross National Income (GNI), Gross Domestic Product (GDP), DSB and XGSI for March 2013 and March 2014 were annualized.  
   
Source: International Operations Department, Bangko Sentral ng Pilipinas