1 PHILIPPINES:  BALANCE OF PAYMENTS                                
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
   
  CURRENT ACCOUNT -285 -383 -418 -1086 -469 -175 235 -409 -163 213 -478 -428 -479 -147 321 -305 -2228  
  (Totals as percent of GNI) r -5.4 -2.0 -2.2 -1.5 -2.3  
  (Totals as percent of GDP) r -5.7 -2.1 -2.3 -1.6 -2.7  
   
  Goods  and  Services -1080 -773 -873 -2726 -878 -646 -239 -1763 -557 -256 -850 -1663 -931 -598 -160 -1689 -7841  
  (Totals as percent of GNI) r -13.6 -8.6 -8.5 -8.2 -8.3  
  (Totals as percent of GDP) r -14.4 -9.2 -9.0 -8.8 -9.7  
  Export                                        3065 3114 3206 9385 2917 3146 3617 9680 3433 3758 3643 10834 3571 3516 3738 10825 40724  
  Import 4145 3887 4079 12111 3795 3792 3856 11443 3990 4014 4493 12497 4502 4114 3898 12514 48565  
   
  Goods -982 -653 -698 -2333 -824 -503 -120 -1447 -478 -130 -571 -1179 -671 -390 49 -1012 -5971  
  (Totals as percent of GNI) r -11.6 -7.1 -6.0 -4.9 -6.3  
  (Totals as percent of GDP) r -12.3 -7.5 -6.4 -5.2 -7.4  
  Credit: Exports 2667 2814 2932 8413 2574 2863 3370 8807 3156 3487 3435 10078 3327 3272 3450 10049 37347  
  Debit:   Imports 3649 3467 3630 10746 3398 3366 3490 10254 3634 3617 4006 11257 3998 3662 3401 11061 43318  
   
  Services -98 -120 -175 -393 -54 -143 -119 -316 -79 -126 -279 -484 -260 -208 -209 -677 -1870  
  Credit: Exports 398 300 274 972 343 283 247 873 277 271 208 756 244 244 288 776 3377  
  Debit:   Imports 496 420 449 1365 397 426 366 1189 356 397 487 1240 504 452 497 1453 5247  
   
  Income 107 -23 7 91 -12 -31 -20 -63 -75 -9 -77 -161 11 76 16 103 -30  
  Credit:   Receipts 254 241 262 757 286 266 288 840 252 271 270 793 309 334 303 946 3336  
  Debit:     Payments 147 264 255 666 298 297 308 903 327 280 347 954 298 258 287 843 3366  
   
  Current  Transfers 688 413 448 1549 421 502 494 1417 469 478 449 1396 441 375 465 1281 5643  
  Credit:   Receipts 712 441 476 1629 441 523 512 1476 488 499 468 1455 467 396 486 1349 5909  
  Debit:     Payments 24 28 28 80 20 21 18 59 19 21 19 59 26 21 21 68 266  
   
  CAPITAL  AND  FINANCIAL  ACCOUNT 83 -313 2668 2438 301 397 -97 601 -281 933 -109 543 -196 -38 15 -219 3363  
   
  Capital  Account 13 14 12 39 11 11 10 32 12 12 12 36 11 12 8 31 138  
  Credit:    Receipts 17 16 16 49 14 14 16 44 13 13 13 39 12 13 11 36 168  
  Debit:      Payments 4 2 4 10 3 3 6 12 1 1 1 3 1 1 3 5 30  
   
  Financial  Account 70 -327 2656 2399 290 386 -107 569 -293 921 -121 507 -207 -50 7 -250 3225  
  Direct Investment -230 139 472 381 76 214 182 472 166 250 203 619 258 90 295 643 2115  
  Debit: Assets, Residents'  Investments Abroad 28 -5 40 63 4 -7 2 -1 36 7 -3 40 28 1 -6 23 125  
  Credit: Liabilities, Non-Residents'  -202 134 512 444 80 207 184 471 202 257 200 659 286 91 289 666 2240  
  Investments in the Phil.  
   
  Portfolio Investment -200 -572 1650 878 -61 -335 -52 -448 -336 99 -159 -396 -509 -105 27 -587 -553  
  Debit: Assets, Residents'  Investments Abroad -62 175 92 205 -241 199 82 40 -12 108 91 187 406 21 -47 380 812  
  Credit: Liabilities, Non-Residents'   -262 -397 1742 1083 -302 -136 30 -408 -348 207 -68 -209 -103 -84 -20 -207 259  
  Investments in the Phil.  
   
  Financial Derivatives 14 4 10 28 17 1 -2 16 1 2 -3 0 11 -1 -10 0 44  
  Debit: Assets, Residents'  Investments Abroad -16 -9 -17 -42 -22 -16 -12 -50 -16 -21 -8 -45 -19 -5 -5 -29 -166  
  Credit: Liabilities, Non-Residents'   -2 -5 -7 -14 -5 -15 -14 -34 -15 -19 -11 -45 -8 -6 -15 -29 -122  
  Investments in the Phil.  
   
  Other Investment 486 102 524 1112 258 506 -235 529 -124 570 -162 284 33 -34 -305 -306 1619  
  Debit: Assets, Residents'  Investments Abroad -1297 -2 -322 -1621 -421 -412 -138 -971 -156 -180 210 -126 -265 99 429 263 -2455  
  Credit: Liabilities, Non-Residents'  -811 100 202 -509 -163 94 -373 -442 -280 390 48 158 -232 65 124 -43 -836  
  Investments in the Phil.  
   
  NET UNCLASSIFIED ITEMS -104 496 -761 -369 -11 -628 -329 -968 -28 -814 -9 -851 257 217 70 544 -1644  
                                                   
  OVERALL BOP POSITION -306 -200 1489 983 -179 -406 -191 -776 -472 332 -596 -736 -418 32 406 20   -509  
  (Totals as percent of GNI) r       4.9       -3.8       -3.8       0.1   -0.5  
  (Totals as percent of GDP) r       5.2       -4.0       -4.0       0.1   -0.6  
   
  Debit: Change in Reserve Assets -301 -215 1511 995 -196 -402 -194 -792 -462 643 -583 -402 -433 32 510 109 -90  
   
  Credit: Change in Reserve Liabilities 5 -15 22 12 -17 4 -3 -16 10 311 13 334 -15 0 104 89 419  
  Use of Fund Credits 0 0 0 0 0 0 -4 -4 0 312 0 312 0 0 -4 -4 304  
  Short-term 5 -15 22 12 -17 4 1 -12 10 -1 13 22 -15 0 108 93 115  
   
  Memo Items:  
  Change in Commercial Banks' (KBs)  240 64 192 496 527 479 -160 846 -195 250 -192 -137 -44 -58 -212 -314 891  
  Net Foreign Assets (NFA)  
  OFW Cash Remittances * 686 435 481 1602 453 529 516 1498 502 511 491 1504 498 428 520 1446 6050  
  of which channeled thru the banking system 686 435 481 1602 453 529 516 1498 502 511 491 1504 498 428 520 1446 6050  
  Basic Balance -513 -220 182 -551 -448 84 208 -156 -179 848 -278 391 -125 -102 706 479 163  
    Net Unclassified Items as Percent of total Trade -1.6 7.9 -11.6 -1.9 -0.2 -10.1 -4.8 -5.1 -0.4 -11.5 -0.1 -4.0 3.5 3.1 1.0 2.6   -2.0  
  *     For 1999 and 2000, there is no differentiation between total OFW cash remittances and remittances chanelled through the banking system.  This period represents the transition years  
  of the revised foreign exchange monitoring report form (FX Form 1).  
  r The National Statistical Coordination Board (NSCB) has adopted the terminology Gross National Income (GNI) in place of Gross National Product (GNP) as one of the features of the revised (based 2000)   
  Philippine System of National Accounts (PSNA) for the period 1998-2010 based on the recommendation of the 1993 System of National Accounts. However, quarterly data are still based on the old PSNA (based 1985) 
  since revised quarterly data prior to 2008 are not yet available.  
  Technical Notes:  
  1. Balances in the current and capital and financial accounts excluding reserves are derived by deducting debit entries from credit entries.  
  2. Overall BOP position is determined by deducting change in reserve liabilities from change in reserve assets.  
  3. Net unclassifed items is an offsetting account to the overstatement or understatement in either receipts or payments of the recorded BOP components vis-à-vis the overall BOP position.  
  4. Change in KBs NFA as a BOP entry is derived by deducting foreign assets from foreign liabilities, consistent with the principle described in technical note No. 1. This includes assigned capital of  
  foreign banks in local branches that are converted to pesos.  
  5. Basic balance represents a BOP position that excludes transactions that are volatile and are in the short run susceptible to being reversed. It is derived using the following formula: Overall BOP  
  position less (Net portfolio investments + net short-ter liabilities) less errors and omissions. In the old BOP series,  all transactions in assets and liabilities of commercial banks were deemed to be  
  long-term. With the refinements in the new series on the maturity structure of KBs' transactions, short-term financial transactions of KBs are now excluded from the basic balance.  
                                                   
2 GOODS                                          
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
  GOODS -982 -653 -698 -2333 -824 -503 -120 -1447 -478 -130 -571 -1179 -671 -390 49 -1012 -5971  
  EXPORTS 2667 2814 2932 8413 2574 2863 3370 8807 3156 3487 3435 10078 3327 3272 3450 10049 37347  
  IMPORTS 3649 3467 3630 10746 3398 3366 3490 10254 3634 3617 4006 11257 3998 3662 3401 11061 43318  
   
  General Merchandise -1175 -853 -896 -2924 -985 -692 -362 -2039 -695 -371 -820 -1886 -878 -584 -191 -1653 -8502  
  General Merchandise Exports, fob 1528 1611 1672 4811 1599 1706 1824 5129 1904 1917 1819 5640 1976 2023 1954 5953 21533  
  Exports of goods in trade statistics, fob 2717 2902 2989 8608 2668 2931 3410 9009 3219 3529 3502 10250 3398 3317 3496 10211 38078  
  Adjustments -1189 -1291 -1317 -3797 -1069 -1225 -1586 -3880 -1315 -1612 -1683 -4610 -1422 -1294 -1542 -4258 -16545  
  For  Coverage -50 -88 -57 -195 -94 -68 -40 -202 -63 -42 -67 -172 -71 -45 -46 -162 -731  
  For  Classification -1139 -1203 -1260 -3602 -975 -1157 -1546 -3678 -1252 -1570 -1616 -4438 -1351 -1249 -1496 -4096 -15814  
  For  Valuation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  For  Timing    0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  General Merchandise Imports, fob 2703 2464 2568 7735 2584 2398 2186 7168 2599 2288 2639 7526 2854 2607 2145 7606 30035  
  Imports of goods in trade statistics, fob 2901 2775 2908 8584 2728 2642 2730 8100 2855 2843 3294 8992 3277 2920 2618 8815 34491  
  Adjustments -198 -311 -340 -849 -144 -244 -544 -932 -256 -555 -655 -1466 -423 -313 -473 -1209 -4456  
  For  Coverage -10 -81 -40 -131 -83 -47 -20 -150 -33 -23 -82 -138 -44 -20 -26 -90 -509  
  For  Classification -946 -1003 -1062 -3011 -814 -968 -1304 -3086 -1035 -1329 -1367 -3731 -1144 -1055 -1256 -3455 -13283  
  For  Valuation 758 773 762 2293 753 771 780 2304 812 797 794 2403 765 762 809 2336 9336  
  For  Timing    0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  0  
  Goods for processing:  (On consignment) 162 173 181 516 142 166 219 527 207 224 231 662 191 177 214 582 2287  
  Exports 1106 1174 1241 3521 954 1132 1521 3607 1240 1552 1596 4388 1334 1231 1469 4034 15550  
  Imports 944 1001 1060 3005 812 966 1302 3080 1033 1328 1365 3726 1143 1054 1255 3452 13263  
  0  
  Processing Abroad: 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Exports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Processing in the compiling economy 162 173 181 516 142 166 219 527 207 224 231 662 191 177 214 582 2287  
  Exports 1106 1174 1241 3521 954 1132 1521 3607 1240 1552 1596 4388 1334 1231 1469 4034 15550  
  Imports 944 1001 1060 3005 812 966 1302 3080 1033 1328 1365 3726 1143 1054 1255 3452 13263  
  0  
  Repairs on goods: 0 0 4 4 0 0 4 4 0 0 3 3 0 0 3 3 14  
  Exports 0 0 4 4 0 0 4 4 0 0 3 3 0 0 3 3 14  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Goods procured in ports by  carriers 5 6 5 16 5 6 5 16 5 5 5 15 6 5 5 16 63  
  Exports 5 6 5 16 5 6 5 16 5 5 5 15 6 5 5 16 63  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Nonmonetary  Gold 26 21 8 55 14 17 14 45 5 12 10 27 10 12 18 40 167  
  Exports 28 23 10 61 16 19 16 51 7 13 12 32 11 13 19 43 187  
  Imports 2 2 2 6 2 2 2 6 2 1 2 5 1 1 1 3 20  
   
  Held as a store of value  (Gold Bullion) 28 20 7 55 15 18 10 43 4 10 8 22 8 9 7 24 144  
  Exports 28 20 7 55 15 18 10 43 4 10 8 22 8 9 7 24 144  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Others (Industrial Gold) -2 1 1 0 -1 -1 4 2 1 2 2 5 2 3 11 16 23  
  Exports 0 3 3 6 1 1 6 8 3 3 4 10 3 4 12 19 43  
      Imports     2 2 2 6 2 2 2 6 2 1 2 5 1 1 1 3   20  
Adjustments to general merchandise exports/imports:  
For classification:  a) Exports and imports on consignment are reclassified from general merchandise to goods for processing  
  b) Industrial gold and gold bullion are reclassified from general merchandise to non-monetary gold  
  c) Repairs on goods cover repair activity on goods provided to or received from non-residents on ships, aircrafts, etc.  
                                                   
3 SERVICES                                              
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
  SERVICES -98 -120 -175 -393 -54 -143 -119 -316 -79 -126 -279 -484 -260 -208 -209 -677 -1870  
  EXPORTS 398 300 274 972 343 283 247 873 277 271 208 756 244 244 288 776 3377  
  IMPORTS 496 420 449 1365 397 426 366 1189 356 397 487 1240 504 452 497 1453 5247  
   
  Transportation -133 -130 -138 -401 -135 -123 -122 -380 -125 -127 -153 -405 -150 -130 -122 -402 -1588  
  Exports 26 27 42 95 29 37 36 102 32 37 43 112 62 42 51 155 464  
  Imports 159 157 180 496 164 160 158 482 157 164 196 517 212 172 173 557 2052  
   
  of which: Passenger 2 1 7 10 -7 -9 -6 -22 -2 1 -1 -2 -2 -3 -2 -7 -21  
  Exports 6 5 13 24 9 14 13 36 10 15 15 40 33 20 25 78 178  
  Imports 4 4 6 14 16 23 19 58 12 14 16 42 35 23 27 85 199  
  of which: Freight -123 -116 -122 -361 -115 -110 -113 -338 -119 -117 -137 -373 -137 -121 -108 -366 -1438  
  Exports 8 9 9 26 8 9 10 27 10 11 11 32 10 10 10 30 115  
  Imports 131 125 131 387 123 119 123 365 129 128 148 405 147 131 118 396 1553  
  of which: Other -12 -15 -23 -50 -13 -4 -3 -20 -4 -11 -15 -30 -11 -6 -12 -29 -129  
  Exports 12 13 20 45 12 14 13 39 12 11 17 40 19 12 16 47 171  
  Imports 24 28 43 95 25 18 16 59 16 22 32 70 30 18 28 76 300  
   
  Travel 89 59 31 179 140 60 45 245 84 77 -38 123 -11 14 -36 -33 514  
  Exports 257 196 159 612 253 209 153 615 191 193 116 500 130 152 147 429 2156  
  Imports 168 137 128 433 113 149 108 370 107 116 154 377 141 138 183 462 1642  
   
  Communication  services 23 13 21 57 21 4 12 37 5 4 4 13 6 4 4 14 121  
  Exports 31 18 26 75 26 8 17 51 10 8 8 26 12 9 9 30 182  
  Imports 8 5 5 18 5 4 5 14 5 4 4 13 6 5 5 16 61  
   
  Construction  services -10 5 -8 -833 -7 -6 2 -833 1 1 0 -833 -5 -3 3 -833 -27  
  Exports 15 16 11 -833 4 2 5 -833 4 7 7 -833 6 7 13 -833 97  
  Imports 25 11 19 -833 11 8 3 -833 3 6 7 -833 11 10 10 -833 124  
   
  Insurance  services -12 -11 -12 -35 -11 -11 -11 -33 -12 -12 -14 -38 -14 -12 -11 -37 -143  
  Exports 1 1 1 3 1 1 1 3 1 1 1 3 1 1 1 3 12  
  Imports 13 12 13 38 12 12 12 36 13 13 15 41 15 13 12 40 155  
   
  Financial  services 2 3 5 10 10 3 1 14 6 1 5 12 3 4 4 11 47  
  Exports 5 6 8 19 11 6 3 20 7 3 7 17 7 9 8 24 80  
  Imports 3 3 3 9 1 3 2 6 1 2 2 5 4 5 4 13 33  
   
  Computer and Information  services -4 -4 -3 -11 -3 -4 -1 -8 -4 -9 -4 -17 -5 -3 21 13 -23  
  Exports 5 5 6 16 4 4 7 15 4 5 4 13 3 2 27 32 76  
  Imports 9 9 9 27 7 8 8 23 8 14 8 30 8 5 6 19 99  
   
  Royalties and license fees -27 -17 -20 -64 -18 -16 -13 -47 -11 -9 -12 -32 -13 -19 -15 -47 -190  
  Exports 4 1 1 6 0 0 1 1 0 0 0 0 0 0 0 0 7  
  Imports 31 18 21 70 18 16 14 48 11 9 12 32 13 19 15 47 197  
   
  Other business services -18 -31 -43 -92 -46 -43 -28 -117 -16 -44 -60 -120 -62 -54 -50 -166 -495  
  Exports 51 28 19 98 13 15 21 49 27 16 20 63 23 22 30 75 285  
  Imports 69 59 62 190 59 58 49 166 43 60 80 183 85 76 80 241 780  
   
  Merchanting and other trade-related services 20 8 2 30 1 1 1 3 0 2 5 7 4 4 11 19 59  
  Exports 20 8 2 30 1 1 1 3 0 2 5 7 4 4 11 19 59  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Operational leasing services -5 -3 -7 -15 -4 -3 -5 -12 -3 -4 -13 -20 -11 -11 -13 -35 -82  
  Exports 2 3 2 7 1 2 4 7 2 0 1 3 3 0 3 6 23  
  Imports 7 6 9 22 5 5 9 19 5 4 14 23 14 11 16 41 105  
   
                      and technical services Misc. business, professional  -33 -36 -38 -107 -43 -41 -24 -108 -13 -42 -52 -107 -55 -47 -48 -150 -472  
  and technical services  
  Exports 29 17 15 61 11 12 16 39 25 14 14 53 16 18 16 50 203  
  Imports 62 53 53 168 54 53 40 147 38 56 66 160 71 65 64 200 675  
   
  Personal, cultural and recreational services -2 -1 -2 -5 1 -1 2 2 -1 -2 -1 -4 -3 -3 -1 -7 -14  
  Exports 3 2 1 6 2 1 3 6 1 1 2 4 0 0 2 2 18  
  Imports 5 3 3 11 1 2 1 4 2 3 3 8 3 3 3 9 32  
   
  Audio-Visual and related services -1 0 -1 -2 0 0 2 2 -1 -1 -2 -4 -2 -2 -1 -5 -9  
  Exports 3 2 1 6 1 1 3 5 1 1 1 3 0 0 1 1 15  
  Imports 4 2 2 8 1 1 1 3 2 2 3 7 2 2 2 6 24  
   
  Other personal, cultural and  -1 -1 -1 -3 1 -1 0 0 0 -1 1 0 -1 -1 0 -2 -5  
  recreational services 0  
  Exports 0 0 0 0 1 0 0 1 0 0 1 1 0 0 1 1 3  
  Imports 1 1 1 3 0 1 0 1 0 1 0 1 1 1 1 3 8  
   
  Government services, n.i.e. -6 -6 -6 -18 -6 -6 -6 -18 -6 -6 -6 -18 -6 -6 -6 -18 -72  
  Exports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Imports 6 6 6 18 6 6 6 18 6 6 6 18 6 6 6 18 72  
                                                   
4 INCOME                                              
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
  INCOME 107 -23 7 91 -12 -31 -20 -63 -75 -9 -77 -161 11 76 16 103 -30  
  RECEIPTS 254 241 262 757 286 266 288 840 252 271 270 793 309 334 303 946 3336  
  PAYMENTS 147 264 255 666 298 297 308 903 327 280 347 954 298 258 287 843 3366  
   
  Compensation of emp. incl. border,  130 138 138 406 137 139 135 411 142 146 154 442 169 161 174 504 1763  
  seasonal, and other workers  
  Receipts 130 138 138 406 137 139 135 411 142 146 154 442 169 161 174 504 1763  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
     
  Investment Income -23 -161 -131 -315 -149 -169 -155 -473 -217 -155 -231 -603 -158 -85 -158 -401 -1793  
  Receipts 124 103 124 351 149 127 153 429 110 125 116 351 140 173 129 442 1573  
  Payments 147 264 255 666 298 297 308 903 327 280 347 954 298 258 287 843 3366  
   
  Direct Investment Income 145 -53 -1 91 -25 -63 -9 -97 -30 -65 0 -95 -34 -11 -27 -72 -173  
  Receipts 2 3 7 12 1 2 9 12 3 6 5 14 1 5 13 19 57  
  Payments -143 56 8 -79 26 65 18 109 33 71 5 109 35 16 40 91 230  
   
  Income on Equity 145 -52 1 94 -21 -58 -3 -82 -25 -60 7 -78 -28 -4 -19 -51 -117  
  Receipts 2 3 7 12 1 2 9 12 3 6 5 14 1 5 13 19 57  
  Payments -143 55 6 -82 22 60 12 94 28 66 -2 92 29 9 32 70 174  
   
  Dividends and distributed  -25 -59 -17 -101 -14 -66 -33 -113 -38 -19 -43 -100 -42 -24 -71 -137 -451  
  branch profits 0  
         Receipts 2 3 7 12 1 2 9 12 3 6 5 14 1 5 13 19 57  
  Payments 27 62 24 113 15 68 42 125 41 25 48 114 43 29 84 156 508  
   
  Reinvested earnings and  170 7 18 195 -7 8 30 31 13 -41 50 22 14 20 52 86 334  
  undistributed branch profits  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments -170 -7 -18 -195 7 -8 -30 -31 -13 41 -50 -22 -14 -20 -52 -86 -334  
   
  Income on debt (interest) 0 -1 -2 -3 -4 -5 -6 -15 -5 -5 -7 -17 -6 -7 -8 -21 -56  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 1 2 3 4 5 6 15 5 5 7 17 6 7 8 21 56  
   
  Portfolio  Investment Income -30 -27 -2 -59 -72 -65 -29 -166 -51 -17 -109 -177 -77 12 -54 -119 -521  
  Receipts   52 35 44 131 57 31 73 161 30 49 43 122 47 108 36 191 605  
  Payments 82 62 46 190 129 96 102 327 81 66 152 299 124 96 90 310 1126  
   
  Income on Equity (dividends) -1 1 -1 -1 -1 1 1 1 -1 2 0 1 -5 -3 -1 -9 -8  
  Receipts 0 1 0 1 0 2 1 3 0 2 0 2 0 1 1 2 8  
  Payments 1 0 1 2 1 1 0 2 1 0 0 1 5 4 2 11 16  
   
  Monetary authorities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  0  
  General government  0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors -1 1 -1 -1 -1 1 1 1 -1 2 0 1 -5 -3 -1 -9 -8  
  Receipts 0 1 0 1 0 2 1 3 0 2 0 2 0 1 1 2 8  
  Payments 1 0 1 2 1 1 0 2 1 0 0 1 5 4 2 11 16  
   
  Income on debt (interest) -29 -28 -1 -58 -71 -66 -30 -167 -50 -19 -109 -178 -72 15 -53 -110 -513  
  Receipts 52 34 44 130 57 29 72 158 30 47 43 120 47 107 35 189 597  
  Payments 81 62 45 188 128 95 102 325 80 66 152 298 119 92 88 299 1110  
   
  Bonds and notes -30 -26 1 -55 -73 -64 -31 -168 -49 -18 -111 -178 -73 18 -54 -109 -510  
  Receipts 51 34 44 129 53 28 71 152 29 47 40 116 44 106 34 184 581  
  Payments 81 60 43 184 126 92 102 320 78 65 151 294 117 88 88 293 1091  
   
  Monetary authorities 42 -6 34 70 19 23 35 77 22 7 23 52 6 98 2 106 305  
  Receipts 42 22 34 98 38 23 57 118 22 35 23 80 26 98 23 147 443  
  Payments 0 28 0 28 19 0 22 41 0 28 0 28 20 0 21 41 138  
   
  General government  -50 0 0 -50 -92 -30 -24 -146 -48 -3 -94 -145 -87 -28 -21 -136 -477  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 50 0 0 50 92 30 24 146 48 3 94 145 87 28 21 136 477  
   
  Banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors -22 -20 -33 -75 0 -57 -42 -99 -23 -22 -40 -85 8 -52 -35 -79 -338  
                  Receipts Receipts 9 12 10 31 15 5 14 34 7 12 17 36 18 8 11 37 138  
                  Payments Payments 31 32 43 106 15 62 56 133 30 34 57 121 10 60 46 116 476  
   
  Money market instruments  1 -2 -2 -3 2 -2 1 1 -1 -1 2 0 1 -3 1 -1 -3  
              Receipts Receipts 1 0 0 1 4 1 1 6 1 0 3 4 3 1 1 5 16  
              Payments Payments 0 2 2 4 2 3 0 5 2 1 1 4 2 4 0 6 19  
   
              Monetary authorities Monetary authorities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                  Receipts Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                  Payments Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
              General government  General government  0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                  Receipts Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                  Payments Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
              Banks Banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                  Receipts Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                  Payments Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors 1 -2 -2 -3 2 -2 1 1 -1 -1 2 0 1 -3 1 -1 -3  
                  Receipts Receipts 1 0 0 1 4 1 1 6 1 0 3 4 3 1 1 5 16  
                  Payments Payments 0 2 2 4 2 3 0 5 2 1 1 4 2 4 0 6 19  
   
  Other investment Income -138 -81 -128 -347 -52 -41 -117 -210 -136 -73 -122 -331 -47 -86 -77 -210 -1099  
  Receipts 70 65 73 208 91 94 71 256 77 70 68 215 92 60 80 232 911  
  Payments 208 146 201 555 143 136 188 467 213 143 190 546 139 146 157 442 2010  
   
  Monetary authorities 25 -1 21 45 40 23 10 73 34 16 11 61 36 -19 28 45 403  
  Receipts 32 31 35 98 54 56 38 148 40 42 33 115 47 29 35 111 472  
  Payments 7 32 14 53 14 33 28 75 6 26 22 54 11 48 7 66 248  
   
  General government  -61 -62 -61 -184 -30 -38 -56 -124 -66 -64 -58 -188 -33 -38 -48 -119 -615  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 61 62 61 184 30 38 56 124 66 64 58 188 33 38 48 119 615  
   
  Banks -16 3 -11 -24 -18 13 -17 -22 -7 -1 -17 -25 6 4 -9 1 -70  
  Receipts 38 34 38 110 34 37 30 101 35 25 31 91 43 29 36 108 410  
  Payments 54 31 49 134 52 24 47 123 42 26 48 116 37 25 45 107 480  
   
  Other sectors -86 -21 -77 -184 -44 -40 -54 -138 -97 -24 -58 -179 -56 -33 -48 -137 -638  
  Receipts 0 0 0 0 3 1 3 7 2 3 4 9 2 2 9 13 29  
  Payments 86 21 77 184 47 41 57 145 99 27 62 188 58 35 57 150 667  
                                                   
5 CURRENT TRANSFERS                                              
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
  CURRENT TRANSFERS 688 413 448 1549 421 502 494 1417 469 478 449 1396 441 375 465 1281 5643  
  RECEIPTS 712 441 476 1629 441 523 512 1476 488 499 468 1455 467 396 486 1349 5909  
  PAYMENTS 24 28 28 80 20 21 18 59 19 21 19 59 26 21 21 68 266  
   
  General government 35 44 34 113 36 39 39 114 36 36 37 109 33 36 37 106 442  
  Receipts 40 49 40 129 41 43 43 127 41 42 42 125 39 41 42 122 503  
  Payments 5 5 6 16 5 4 4 13 5 6 5 16 6 5 5 16 61  
   
  Other sectors 653 369 414 1436 385 463 455 1303 433 442 412 1287 408 339 428 1175 5201  
  Receipts 672 392 436 1500 400 480 469 1349 447 457 426 1330 428 355 444 1227 5406  
  Payments 19 23 22 64 15 17 14 46 14 15 14 43 20 16 16 52 205  
   
  Workers' remittances 641 363 411 1415 382 463 453 1298 432 438 410 1280 405 337 426 1168 5161  
  Receipts 641 363 411 1415 382 463 453 1298 432 438 410 1280 405 337 426 1168 5161  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other transfers 12 6 3 21 3 0 2 5 1 4 2 7 3 2 2 7 40  
  Receipts 31 29 25 18 17 16 15 19 16 23 18 18 245  
  Payments 19 23 22 15 17 14 14 15 14 20 16 16 205  
                                                   
6 CAPITAL ACCOUNT                                              
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
  CAPITAL ACCOUNT 13 14 12 39 11 11 10 32 12 12 12 36 11 12 8 31 138  
  RECEIPTS 17 16 16 49 14 14 16 44 13 13 13 39 12 13 11 36 168  
  PAYMENTS 4 2 4 10 3 3 6 12 1 1 1 3 1 1 3 5 30  
   
  Capital transfers 13 14 12 39 11 11 10 32 12 12 12 36 11 12 8 31 138  
  Receipts 17 16 16 49 14 14 16 44 13 13 13 39 12 13 11 36 168  
  Payments 4 2 4 10 3 3 6 12 1 1 1 3 1 1 3 5 30  
   
  General government 9 9 9 27 9 10 11 30 11 11 11 33 11 11 10 32 122  
  Receipts 9 9 9 27 9 10 11 30 11 11 11 33 11 11 10 32 122  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Debt  forgiveness 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other 9 9 9 27 9 10 11 30 11 11 11 33 11 11 10 32 122  
  Receipts 9 9 9 27 9 10 11 30 11 11 11 33 11 11 10 32 122  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors 4 5 3 12 2 1 -1 2 1 1 1 3 0 1 -2 -1 16  
  Receipts 8 7 7 22 5 4 5 14 2 2 2 6 1 2 1 4 46  
  Payments 4 2 4 10 3 3 6 12 1 1 1 3 1 1 3 5 30  
   
  Migrants transfers 3 6 3 12 3 2 -2 3 1 0 0 1 0 1 -1 0 16  
  Receipts 4 7 6 17 5 4 3 12 2 1 1 4 1 2 1 4 37  
  Payments 1 1 3 5 2 2 5 9 1 1 1 3 1 1 2 4 21  
   
  Debt  forgiveness 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other 1 -1 0 0 -1 -1 1 -1 0 1 1 2 0 0 -1 -1 0  
  Receipts 4 0 1 5 0 0 2 2 0 1 1 2 0 0 0 0 9  
  Payments 3 1 1 5 1 1 1 3 0 0 0 0 0 0 1 1 9  
   
  Acquisition/disposal of nonproduced,  0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  nonfinancial assets  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
                                                   
7 DIRECT INVESTMENT                                              
  in million U.S. dollars                                      
              2000     Jan-Dec  
              Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2000  
  DIRECT INVESTMENT -230 139 472 381 76 214 182 472 166 250 203 619 258 90 295 643 2115  
   
  ASSETS :  Residents' Investments Abroad 28 -5 40 63 4 -7 2 -1 36 7 -3 40 28 1 -6 23 125  
   
  Equity  capital 28 -5 40 63 4 -7 2 -1 36 7 -3 40 28 1 -6 23 125  
   
  Claims on affiliated enterprises 28 -5 40 63 4 -7 2 -1 36 7 -3 40 28 1 -6 23 125  
  Placements 31 -5 49 75 4 2 11 17 36 9 -1 44 29 1 -6 24 160  
  Withdrawals 3 0 9 12 0 9 9 18 0 2 2 4 1 0 0 1 35  
   
  Liabilities to affiliated enterprises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Reinvested earnings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other Capital 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Claims on affiliated enterprises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Liabilities to affiliated enterprises 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  LIABILITIES : Non-residents' Investments -202 134 512 444 80 207 184 471 202 257 200 659 286 91 289 666 2240  
   in the Philippines  
   
  Equity  capital -117 63 436 382 5 128 107 240 105 116 138 359 154 -3 201 352 1333  
   
  Claims on direct investors 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Liabilities to direct investors -117 63 436 382 5 128 107 240 105 116 138 359 154 -3 201 352 0 1333  
  Placements 51 63 455 569 6 128 109 243 106 116 138 360 155 -3 201 353 0 1525  
  Withdrawals 168 0 19 187 1 0 2 3 1 0 0 1 1 0 0 1 192