1 PHILIPPINES:  BALANCE OF PAYMENTS                                      
  in million U.S. dollars                                      
                                                   
  2009 Jan-Dec  
    ITEM         Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2009  
   
  CURRENT ACCOUNT 593 1044 717 2354 929 889 603 2421 632 419 850 1901 1068 865 749 2682 9358  
  (Totals as percent of GNI) r 4.7 4.4 3.5 4.2 4.2  
  (Totals as percent of GDP) r 6.2 5.9 4.7 5.5 5.6  
   
  Goods  and  Services -660 -291 -325 -1276 -492 -652 -778 -1922 -869 -514 -497 -1880 -501 -325 -824 -1650 -6728  
  (Totals as percent of GNI) r -2.5 -3.5 -3.4 -2.6 -3.0  
  (Totals as percent of GDP) r -3.4 -4.7 -4.6 -3.4 -4.0  
  Export 3457 3552 3864 10873 3622 3932 4299 11853 4104 4123 4365 12592 4464 4550 4292 13306 48624  
  Import 4117 3843 4189 12149 4114 4584 5077 13775 4973 4637 4862 14472 4965 4875 5116 14956 55352  
   
  Goods 1/ -923 -770 -654 -2347 -627 -829 -987 -2443 -954 -533 -541 -2028 -482 -503 -1039 -2024 -8842  
         (as percent of GNP) (Totals as percent of GNI) r -4.7 -4.4 -3.7 -3.2 -4.0  
         (as percent of GDP) (Totals as percent of GDP) r -6.2 -5.9 -5.0 -4.1 -5.2  
  Credit: Exports 2462 2449 2835 7746 2748 3008 3324 9080 3243 3403 3568 10214 3683 3640 3247 10570 37610  
  Debit:   Imports * 3385 3219 3489 10093 3375 3837 4311 11523 4197 3936 4109 12242 4165 4143 4286 12594 46452  
   
  Services 263 479 329 1071 135 177 209 521 85 19 44 148 -19 178 215 374 2114  
  Credit: Exports 995 1103 1029 3127 874 924 975 2773 861 720 797 2378 781 910 1045 2736 11014  
  Debit:   Imports 732 624 700 2056 739 747 766 2252 776 701 753 2230 800 732 830 2362 8900  
   
  Income -155 105 -318 -368 73 154 -51 176 32 -303 83 -188 169 -188 206 187 -193  
  Credit:   Receipts 423 436 528 1387 479 474 469 1422 510 444 484 1438 482 441 542 1465 5712  
  Debit:     Payments 578 331 846 1755 406 320 520 1246 478 747 401 1626 313 629 336 1278 5905  
   
  Current  Transfers 1408 1230 1360 3998 1348 1387 1432 4167 1469 1236 1264 3969 1400 1378 1367 4145 16279  
  Credit:   Receipts 1437 1256 1391 4084 1385 1424 1464 4273 1519 1319 1382 4220 1458 1399 1476 4333 16910  
  Debit:     Payments 29 26 31 86 37 37 32 106 50 83 118 251 58 21 109 188 631  
   
  CAPITAL  AND  FINANCIAL  ACCOUNT 1134 -1217 -1805 -1888 443 -782 195 -144 590 -67 -629 -106 401 -444 554 511 -1627  
   
  Capital  Account 5 3 9 17 7 9 7 23 14 7 8 29 8 23 4 35 104  
  Credit:    Receipts 11 7 13 31 11 13 12 36 20 13 11 44 13 28 14 55 166  
  Debit:      Payments 6 4 4 14 4 4 5 13 6 6 3 15 5 5 10 20 62  
   
  Financial  Account 1129 -1220 -1814 -1905 436 -791 188 -167 576 -74 -637 -135 393 -467 550 476 -1731  
  Direct Investment 333 155 -304 184 614 463 -145 932 375 -97 -45 233 48 69 138 255 1604  
  Debit: Assets, Residents'  Investments Abroad 27 11 14 52 22 7 45 74 17 113 9 139 35 25 34 94 359  
  Credit: Liabilities, Non-Residents'  360 166 -290 236 636 470 -100 1006 392 16 -36 372 83 94 172 349 1963  
  Investments in the Phil.  
   
  Portfolio Investment 1271 -979 -1476 -1184 -483 581 -502 -404 274 -771 249 -248 989 -277 499 1211 -625  
  Debit: Assets, Residents'  Investments Abroad 38 577 298 913 156 293 207 656 474 416 181 1071 -109 111 73 75 2715  
  Credit: Liabilities, Non-Residents'   1309 -402 -1178 -271 -327 874 -295 252 748 -355 430 823 880 -166 572 1286 2090  
  Investments in the Phil.  
   
  Financial Derivatives 12 15 -5 22 14 -1 18 31 22 5 -16 11 -11 -3 -18 -32 32  
  Debit: Assets, Residents'  Investments Abroad -37 -36 -35 -108 -39 -26 -39 -104 -52 -30 -30 -112 -40 -23 -16 -79 -403  
  Credit: Liabilities, Non-Residents'   -25 -21 -40 -86 -25 -27 -21 -73 -30 -25 -46 -101 -51 -26 -34 -111 -371  
  Investments in the Phil.  
   
  Other Investment -487 -411 -29 -927 291 -1834 817 -726 -95 789 -825 -131 -633 -256 -69 -958 -2742  
  Debit: Assets, Residents'  Investments Abroad -408 351 192 135 -422 1671 -1796 -547 325 -256 963 1032 889 207 251 1347 1967  
  Credit: Liabilities, Non-Residents'  -895 -60 163 -792 -131 -163 -979 -1273 230 533 138 901 256 -49 182 389 -775  
  Investments in the Phil.  
   
  NET UNCLASSIFIED ITEMS 8 642 616 1266 -906 -162 -725 -1793 -716 718 390 392 -573 -514 -88 -1175 -1310  
                                                   
  OVERALL BOP POSITION 1735 469 -472 1732 466 -55 73 484 506 1070 611 2187 896 -93 1215 2018   6421  
  (Totals as percent of GNI) r                 3.4       0.9       4.0       3.2   2.9  
  (Totals as percent of GDP) r                 4.6       1.2       5.4       4.1   3.8  
   
  Debit: Change in Reserve Assets 1741 -25 36 1752 475 -553 52 -26 311 1077 411 1799 281 -93 1198 1386 4911  
   
  Credit: Change in Reserve Liabilities 6 -494 508 20 9 -498 -21 -510 -195 7 -200 -388 -615 0 -17 -632 -1510  
  Use of Fund Credits 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 6 -494 508 20 9 -498 -21 -510 -195 7 -200 -388 -615 0 -17 -632 -1510  
   
  Memo Items:  
  Change in Commercial Banks' (KBs)  -708 -944 -45 -1697 81 -2028 1077 -870 -427 -202 -108 -737 -648 -75 275 -448 -3752  
  Net Foreign Assets (NFA)  
      OF Cash Remittances 1310 1366 1523 4199 1492 1534 1551 4577 1546 1417 1498 4461 1585 1510 1623 4718 17955  
  of which channeled thru the banking system 1266 1320 1471 4057 1442 1482 1499 4423 1494 1369 1447 4310 1531 1459 1568 4558 17348  
  Basic Balance 911 1251 507 2669 1324 1291 -378 2237 938 1282 1380 3600 1582 1021 929 3532 12038  
    Net Unclassified Items as Percent of total Trade 0.1 11.3 9.7 7.1 -14.8 -2.4 -9.5 -8.7 -9.6 9.8 5.1 1.7 -7.3 -6.6 -1.2 -5.1   -1.6  
  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.  
  1/   Data on goods import for 2008 and 2009 were adjusted to reflect preliminary adjustments on the valuation of raw materials for electronics and garments exports.  
  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. Starting March 2008, the computation of the change in banks' NFA includes the NFA of Thrift Banks.  
  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-term 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                                      
                                                   
  2009 Jan-Dec  
    ITEM         Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2009  
  GOODS -923 -770 -654 -2347 -627 -829 -987 -2443 -954 -533 -541 -2028 -482 -503 -1039 -2024 -8842  
  EXPORTS 2462 2449 2835 7746 2748 3008 3324 9080 3243 3403 3568 10214 3683 3640 3247 10570 37610  
  IMPORTS 3385 3219 3489 10093 3375 3837 4311 11523 4197 3936 4109 12242 4165 4143 4286 12594 46452  
   
  General Merchandise -949 -869 -774 -2592 -676 -917 -1053 -2646 -1000 -607 -595 -2202 -554 -529 -1077 -2160 -9600  
   
  General Merchandise Exports, fob 1873 1861 2137 5871 2082 2311 2676 7069 2493 2742 2883 8118 2964 2877 2581 8422 29480  
  Exports of goods in trade statistics, fob 2513 2506 2907 7926 2804 3088 3407 9299 3313 3473 3638 10424 3748 3718 3321 10787 38436  
  Less:   Adjustments -640 -645 -770 -2055 -722 -777 -731 -2230 -820 -731 -755 -2306 -784 -841 -740 -2365 -8956  
        For  Coverage -51 -57 -72 -180 -56 -80 -83 -219 -70 -70 -70 -210 -65 -78 -74 -217 -826  
        For  Classification -589 -588 -698 -1875 -666 -697 -648 -2011 -750 -661 -685 -2096 -719 -763 -666 -2148 -8130  
        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 2822 2730 2911 8463 2758 3228 3729 9715 3493 3349 3478 10320 3518 3406 3658 10582 39080  
  Imports of goods in trade statistics, fob 3270 3059 3270 9599 3057 3617 4107 10781 4026 3617 3670 11313 3808 3655 3936 11399 43092  
  Less:   Adjustments -448 -329 -359 -1136 -299 -389 -378 -1066 -533 -268 -192 -993 -290 -249 -278 -817 -4012  
        For  Coverage 68 85 -4 149 -67 15 2 -50 20 2 19 41 3 -13 22 12 152  
        For  Classification -563 -489 -578 -1630 -617 -609 -582 -1808 -704 -587 -631 -1922 -647 -737 -628 -2012 -7372  
        For  Valuation 47 75 223 345 385 205 202 792 151 317 420 888 354 501 328 1183 3208  
        For  Timing    n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a  
   
  Goods for processing:  (On consignment) 8 87 94 189 41 94 97 232 57 85 75 217 82 41 69 192 830  
  Exports 541 551 657 1749 635 680 643 1958 723 647 670 2040 704 747 651 2102 7849  
  Imports 533 464 563 1560 594 586 546 1726 666 562 595 1823 622 706 582 1910 7019  
   
  Processing Abroad: n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a  
  Exports n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a  
  Imports n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a. n.a. n.a. n.a n.a  
   
  Processing in the compiling economy 8 87 94 189 41 94 97 232 57 85 75 217 82 41 69 192 830  
  Exports 541 551 657 1749 635 680 643 1958 723 647 670 2040 704 747 651 2102 7849  
  Imports 533 464 563 1560 594 586 546 1726 666 562 595 1823 622 706 582 1910 7019  
   
  Repairs on goods: 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  
   
  Goods procured in ports by  carriers -27 -23 -13 -63 -21 -20 -34 -75 -35 -22 -33 -90 -22 -28 -44 -94 -322  
  Exports 3 2 2 7 2 3 2 7 3 3 3 9 3 3 2 8 31  
  Imports 30 25 15 70 23 23 36 82 38 25 36 99 25 31 46 102 353  
   
  Nonmonetary  Gold 45 35 39 119 29 14 3 46 24 11 12 47 12 13 13 38 250  
  Exports 45 35 39 119 29 14 3 46 24 11 12 47 12 13 13 38 250  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Held as a store of value  (Gold Bullion) 36 26 24 86 21 5 3 29 5 2 4 11 3 4 3 10 136  
  Exports 36 26 24 86 21 5 3 29 5 2 4 11 3 4 3 10 136  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Others (Industrial Gold) 9 9 15 33 8 9 0 17 19 9 8 36 9 9 10 28 114  
  Exports 9 9 15 33 8 9 0 17 19 9 8 36 9 9 10 28 114  
      Imports     0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0   0  
   n.a.  - data not available  
   Adjustments to general merchandise exports/imports:  
   For coverage:  Returned goods and temporary exports/imports are deducted from NSO totals.  
   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                                      
                                       
  2009 Jan-Dec  
    ITEM         Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2009  
  SERVICES 263 479 329 1071 135 177 209 521 85 19 44 148 -19 178 215 374 2114  
  EXPORTS 995 1103 1029 3127 874 924 975 2773 861 720 797 2378 781 910 1045 2736 11014  
  IMPORTS 732 624 700 2056 739 747 766 2252 776 701 753 2230 800 732 830 2362 8900  
   
  Transportation -187 -138 -167 -492 -186 -228 -248 -662 -213 -205 -219 -637 -236 -229 -252 -717 -2508  
  Exports 94 122 118 334 101 82 92 275 100 91 91 282 87 89 86 262 1153  
  Imports 281 260 285 826 287 310 340 937 313 296 310 919 323 318 338 979 3661  
   
  of which: Passenger 2 26 17 45 -3 -17 -15 -35 3 0 -3 0 -14 -11 -15 -40 -30  
  Exports 47 70 61 178 47 34 36 117 44 41 38 123 34 37 34 105 523  
  Imports 45 44 44 133 50 51 51 152 41 41 41 123 48 48 49 145 553  
  of which: Freight -168 -154 -174 -496 -170 -188 -214 -572 -204 -189 -197 -590 -199 -193 -208 -600 -2258  
  Exports 25 25 28 78 27 30 33 90 32 34 36 102 36 36 32 104 374  
  Imports 193 179 202 574 197 218 247 662 236 223 233 692 235 229 240 704 2632  
  of which: Other -21 -10 -10 -41 -13 -23 -19 -55 -12 -16 -19 -47 -23 -25 -29 -77 -220  
  Exports 22 27 29 78 27 18 23 68 24 16 17 57 17 16 20 53 256  
  Imports 43 37 39 119 40 41 42 123 36 32 36 104 40 41 49 130 476  
   
  Travel -18 49 39 70 -46 -27 -77 -150 -95 -39 -105 -239 -78 17 12 -49 -368  
  Exports 206 231 263 700 183 190 144 517 154 153 135 442 163 236 272 671 2330  
  Imports 224 182 224 630 229 217 221 667 249 192 240 681 241 219 260 720 2698  
   
  Communication  services 17 15 22 54 15 15 20 50 15 27 18 60 21 27 19 67 231  
  Exports 27 29 31 87 25 31 28 84 29 35 26 90 30 33 30 93 354  
  Imports 10 14 9 33 10 16 8 34 14 8 8 30 9 6 11 26 123  
   
  Construction  services 9 2 5 16 3 2 4 9 9 4 7 20 6 4 3 13 58  
  Exports 10 3 7 20 4 5 5 14 10 7 8 25 9 5 5 19 78  
  Imports 1 1 2 4 1 3 1 5 1 3 1 5 3 1 2 6 20  
   
  Insurance  services -10 -16 -18 -44 -10 -17 -13 -40 -14 -12 -12 -38 -19 -16 -19 -54 -176  
  Exports 6 1 2 9 8 3 9 20 7 7 8 22 2 3 3 8 59  
  Imports 16 17 20 53 18 20 22 60 21 19 20 60 21 19 22 62 235  
   
  Financial  services -16 3 2 -11 -13 -14 3 -24 -12 0 2 -10 -6 -4 0 -10 -55  
  Exports 8 7 7 22 7 4 6 17 4 2 6 12 10 5 4 19 70  
  Imports 24 4 5 33 20 18 3 41 16 2 4 22 16 9 4 29 125  
   
  Computer and Information  services 144 93 85 322 160 96 181 437 158 68 141 367 154 193 184 531 1657  
  Exports 153 100 93 346 167 107 187 461 167 73 147 387 160 200 194 554 1748  
  Imports 9 7 8 24 7 11 6 24 9 5 6 20 6 7 10 23 91  
   
  Royalties and license fees -38 -30 -29 -97 -49 -36 -31 -116 -30 -38 -37 -105 -23 -26 -52 -101 -419  
  Exports 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 2  
  Imports 38 30 29 97 49 37 31 117 30 39 37 106 23 26 52 101 421  
   
  Other business services 380 521 408 1309 280 400 388 1068 285 238 271 794 181 231 340 752 3923  
  Exports 488 609 506 1603 377 493 501 1371 387 349 374 1110 317 336 449 1102 5186  
  Imports 108 88 98 294 97 93 113 303 102 111 103 316 136 105 109 350 1263  
   
  Merchanting and other trade-related services 1 1 2 4 4 2 3 9 2 2 2 6 1 0 0 1 20  
  Exports 1 1 2 4 4 2 3 9 2 2 2 6 1 0 0 1 20  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Operational leasing services -13 -15 -18 -46 -17 -15 -20 -52 -15 -22 -13 -50 -18 -13 -19 -50 -198  
  Exports 0 1 3 4 2 0 0 2 1 0 1 2 0 0 1 1 9  
  Imports 13 16 21 50 19 15 20 54 16 22 14 52 18 13 20 51 207  
   
                      and technical services Misc. business, professional  392 535 424 1351 293 413 405 1111 298 258 282 838 198 244 359 801 4101  
  and technical services  
  Exports 487 607 501 1595 371 491 498 1360 384 347 371 1102 316 336 448 1100 5157  
  Imports 95 72 77 244 78 78 93 249 86 89 89 264 118 92 89 299 1056  
   
  Personal, cultural and recreational services 1 -1 0 0 -1 5 0 4 0 -5 -3 -8 -1 -1 -2 -4 -8  
  Exports 3 1 2 6 2 8 3 13 3 2 2 7 3 3 2 8 34  
  Imports 2 2 2 6 3 3 3 9 3 7 5 15 4 4 4 12 42  
   
  Audio-Visual and related services 1 0 0 1 -1 5 0 4 0 0 -3 -3 -1 0 -1 -2 0  
  Exports 2 1 1 4 1 7 2 10 2 2 1 5 2 2 2 6 25  
  Imports 1 1 1 3 2 2 2 6 2 2 4 8 3 2 3 8 25  
   
  Other personal, cultural and  0 -1 0 -1 0 0 0 0 0 -5 0 -5 0 -1 -1 -2 -8  
  recreational services  
  Exports 1 0 1 2 1 1 1 3 1 0 1 2 1 1 0 2 9  
  Imports 1 1 1 3 1 1 1 3 1 5 1 7 1 2 1 4 17  
   
  Government services, n.i.e. -19 -19 -18 -56 -18 -19 -18 -55 -18 -19 -19 -56 -18 -18 -18 -54 -221  
  Exports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Imports 19 19 18 56 18 19 18 55 18 19 19 56 18 18 18 54 221  
                                                   
                                                   
4 INCOME                                          
  in million U.S. dollars                                      
                                       
  2009 Jan-Dec  
    ITEM         Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2009  
  INCOME -155 105 -318 -368 73 154 -51 176 32 -303 83 -188 169 -188 206 187 -193  
  RECEIPTS 423 436 528 1387 479 474 469 1422 510 444 484 1438 482 441 542 1465 5712  
  PAYMENTS 578 331 846 1755 406 320 520 1246 478 747 401 1626 313 629 336 1278 5905  
   
  Compensation of emp. incl. border,  310 350 416 1076 382 379 382 1143 406 356 393 1155 402 361 448 1211 4585  
  seasonal, and other workers  
  Receipts 310 350 416 1076 382 379 382 1143 406 356 393 1155 402 361 448 1211 4585  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Investment Income -465 -245 -734 -1444 -309 -225 -433 -967 -374 -659 -310 -1343 -233 -549 -242 -1024 -4778  
  Receipts 113 86 112 311 97 95 87 279 104 88 91 283 80 80 94 254 1127  
  Payments 578 331 846 1755 406 320 520 1246 478 747 401 1626 313 629 336 1278 5905  
   
  Direct Investment Income -185 -76 -116 -377 -174 -120 -248 -542 -103 -294 -129 -526 -151 -398 -84 -633 -2078  
  Receipts 1 0 10 11 12 2 2 16 8 4 2 14 3 9 19 31 72  
  Payments 186 76 126 388 186 122 250 558 111 298 131 540 154 407 103 664 2150  
   
  Income on Equity -184 -75 -104 -363 -173 -118 -235 -526 -102 -294 -119 -515 -150 -396 -75 -621 -2025  
  Receipts 0 0 10 10 12 2 2 16 8 3 2 13 3 9 19 31 70  
  Payments 184 75 114 373 185 120 237 542 110 297 121 528 153 405 94 652 2095  
   
  Dividends and distributed  -252 -128 -160 -540 -125 -74 -185 -384 -80 -211 -101 -392 -127 -376 -51 -554 -1870  
  branch profits  
         Receipts 0 0 10 10 12 2 2 16 8 3 2 13 3 9 19 31 70  
  Payments 252 128 170 550 137 76 187 400 88 214 103 405 130 385 70 585 1940  
   
  Reinvested earnings and  68 53 56 177 -48 -44 -50 -142 -22 -83 -18 -123 -23 -20 -24 -67 -155  
  undistributed branch profits  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments -68 -53 -56 -177 48 44 50 142 22 83 18 123 23 20 24 67 155  
   
  Income on debt (interest) -1 -1 -12 -14 -1 -2 -13 -16 -1 0 -10 -11 -1 -2 -9 -12 -53  
  Receipts 1 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 2  
  Payments 2 1 12 15 1 2 13 16 1 1 10 12 1 2 9 12 55  
   
  Portfolio  Investment Income -238 -92 -470 -800 -78 -21 -44 -143 -246 -299 -97 -642 -11 -82 -60 -153 -1738  
  Receipts 82 73 89 244 70 81 74 225 76 72 75 223 69 62 64 195 887  
  Payments 320 165 559 1044 148 102 118 368 322 371 172 865 80 144 124 348 2625  
   
  Income on Equity (dividends) -18 -33 -344 -395 -86 -67 -41 -194 -29 -289 -5 -323 -19 -91 -27 -137 -1049  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 18 33 344 395 86 67 41 194 29 289 5 323 19 91 27 137 1049  
   
  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  
   
  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 -3 -3 -16 0 -1 -17 -10 -41 -4 -55 -14 -1 -2 -17 -92  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 3 3 16 0 1 17 10 41 4 55 14 1 2 17 92  
   
  Other sectors -18 -33 -341 -392 -70 -67 -40 -177 -19 -248 -1 -268 -5 -90 -25 -120 -957  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 18 33 341 392 70 67 40 177 19 248 1 268 5 90 25 120 957  
   
  Income on debt (interest) -220 -59 -126 -405 8 46 -3 51 -217 -10 -92 -319 8 9 -33 -16 -689  
  Receipts 82 73 89 244 70 81 74 225 76 72 75 223 69 62 64 195 887  
  Payments 302 132 215 649 62 35 77 174 293 82 167 542 61 53 97 211 1576  
   
  Bonds and notes -220 -60 -126 -406 8 46 -3 51 -217 -10 -92 -319 8 9 -33 -16 -690  
  Receipts 82 72 89 243 70 81 74 225 76 72 75 223 69 62 64 195 886  
  Payments 302 132 215 649 62 35 77 174 293 82 167 542 61 53 97 211 1576  
   
  Monetary authorities 63 62 72 197 65 69 52 186 66 65 63 194 63 50 44 157 734  
  Receipts 63 62 72 197 65 72 66 203 66 65 63 194 63 53 57 173 767  
  Payments 0 0 0 0 0 3 14 17 0 0 0 0 0 3 13 16 33  
   
  General government  -257 -105 -162 -524 -29 0 -33 -62 -255 -61 -116 -432 -36 0 -54 -90 -1108  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 257 105 162 524 29 0 33 62 255 61 116 432 36 0 54 90 1108  
   
  Banks 0 -10 -5 -15 -10 0 0 -10 0 -10 -5 -15 -10 0 0 -10 -50  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 10 5 15 10 0 0 10 0 10 5 15 10 0 0 10 50  
   
  Other sectors -26 -7 -31 -64 -18 -23 -22 -63 -28 -4 -34 -66 -9 -41 -23 -73 -266  
  Receipts 19 10 17 46 5 9 8 22 10 7 12 29 6 9 7 22 119  
  Payments 45 17 48 110 23 32 30 85 38 11 46 95 15 50 30 95 385  
   
  Money market instruments  0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1  
              Receipts Receipts 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1  
              Payments Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
              Monetary authorities 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  
   
              General government  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 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 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1  
  Receipts 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other investment Income -42 -77 -148 -267 -57 -84 -141 -282 -25 -66 -84 -175 -71 -69 -98 -238 -962  
  Receipts 30 13 13 56 15 12 11 38 20 12 14 46 8 9 11 28 168  
  Payments 72 90 161 323 72 96 152 320 45 78 98 221 79 78 109 266 1130  
   
  Monetary authorities 9 4 6 19 1 1 3 5 12 7 -2 17 -20 1 4 -15 26  
  Receipts 9 5 6 20 1 1 3 5 12 7 6 25 1 1 4 6 56  
  Payments 0 1 0 1 0 0 0 0 0 0 8 8 21 0 0 21 30  
   
  General government  -20 -47 -45 -112 -22 -52 -41 -115 -17 -38 -43 -98 -23 -46 -43 -112 -437  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 20 47 45 112 22 52 41 115 17 38 43 98 23 46 43 112 437  
   
  Banks -8 -9 -6 -23 -6 3 -8 -11 -1 -12 -5 -18 -3 3 2 2 -50  
  Receipts 16 5 6 27 5 8 5 18 5 3 5 13 4 4 4 12 70  
  Payments 24 14 12 50 11 5 13 29 6 15 10 31 7 1 2 10 120  
   
  Other sectors -23 -25 -103 -151 -30 -36 -95 -161 -19 -23 -34 -76 -25 -27 -61 -113 -501  
  Receipts 5 3 1 9 9 3 3 15 3 2 3 8 3 4 3 10 42  
        Payments 28 28 104 160 39 39 98 176 22 25 37 84 28 31 64 123 543  
                                                   
5 CURRENT TRANSFERS                                      
  in million U.S. dollars                                      
                                       
  2009 Jan-Dec  
    ITEM         Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2009  
  CURRENT TRANSFERS 1408 1230 1360 3998 1348 1387 1432 4167 1469 1236 1264 3969 1400 1378 1367 4145 16279  
  RECEIPTS 1437 1256 1391 4084 1385 1424 1464 4273 1519 1319 1382 4220 1458 1399 1476 4333 16910  
  PAYMENTS 29 26 31 86 37 37 32 106 50 83 118 251 58 21 109 188 631  
   
  General government 35 39 45 119 38 42 62 142 49 49 -28 70 37 37 49 123 454  
  Receipts 45 49 55 149 48 57 72 177 56 57 53 166 45 44 59 148 640  
  Payments 10 10 10 30 10 15 10 35 7 8 81 96 8 7 10 25 186  
   
  Other sectors 1373 1191 1315 3879 1310 1345 1370 4025 1420 1187 1292 3899 1363 1341 1318 4022 15825  
  Receipts 1392 1207 1336 3935 1337 1367 1392 4096 1463 1262 1329 4054 1413 1355 1417 4185 16270  
  Payments 19 16 21 56 27 22 22 71 43 75 37 155 50 14 99 163 445  
   
  Workers' remittances 1124 1151 1262 3537 1257 1304 1319 3880 1295 1200 1255 3750 1339 1294 1341 3974 15141  
  Receipts 1124 1151 1262 3537 1257 1304 1319 3880 1295 1200 1255 3750 1339 1294 1341 3974 15141  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other transfers 249 40 53 342 53 41 51 145 125 -13 37 149 24 47 -23 48 684  
  Receipts 268 56 74 398 80 63 73 216 168 62 74 304 74 61 76 211 1129  
  Payments 19 16 21 56 27 22 22 71 43 75 37 155 50 14 99 163 445  
                                                   
                                                   
6 CAPITAL ACCOUNT                                      
  in million U.S. dollars                                      
                                       
  2009 Jan-Dec  
    ITEM         Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4   2009  
  CAPITAL ACCOUNT 5 3 9 17 7 9 7 23 14 7 8 29 8 23 4 35 104  
  RECEIPTS 11 7 13 31 11 13 12 36 20 13 11 44 13 28 14 55 166  
  PAYMENTS 6 4 4 14 4 4 5 13 6 6 3 15 5 5 10 20 62  
   
  Capital transfers 5 3 9 17 7 9 7 23 13 7 8 28 8 23 4 35 103  
  Receipts 11 7 13 31 11 13 12 36 19 13 11 43 13 28 14 55 165  
  Payments 6 4 4 14 4 4 5 13 6 6 3 15 5 5 10 20 62  
   
  General government 9 5 9 23 9 10 10 29 15 8 7 30 6 22 8 36 118  
  Receipts 9 5 9 23 9 10 10 29 15 8 7 30 6 22 8 36 118  
  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 5 9 23 9 10 10 29 15 8 7 30 6 22 8 36 118  
  Receipts 9 5 9 23 9 10 10 29 15 8 7 30 6 22 8 36 118  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors -4 -2 0 -6 -2 -1 -3 -6 -2 -1 1 -2 2 1 -4 -1 -15  
  Receipts 2 2 4 8 2 3 2 7 4 5 4 13 7 6 6 19 47  
  Payments 6 4 4 14 4 4 5 13 6 6 3 15 5 5 10 20 62  
   
  Migrants transfers -2 -2 0 -4 -3 -2 -3 -8 -2 -1 1 -2 2 1 -4 -1 -15  
  Receipts 2 2 4 8 1 2 1 4 3 4 4 11 6 5 5 16 39  
  Payments 4 4 4 12 4 4 4 12 5 5 3 13 4 4 9 17 54  
   
  Debt  forgiveness 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0