1 PHILIPPINES:  BALANCE OF PAYMENTS                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
             
  CURRENT ACCOUNT 63 1108 501 1672 257 287 1213 1757 696 1073 1596 3365 954 510 664 2128 8922  
  (Totals as percent of GNI) 2.8 2.6 5.2 2.8 3.4  
  (Totals as percent of GDP) 3.8 3.6 7.0 3.7 4.5  
   
  Goods  and  Services -1086 -111 -616 -1813 -1223 -1191 -299 -2713 -885 -133 147 -871 -846 -1098 -890 -2834 -8231  
  (Totals as percent of GNI) -3.0 -4.1 -1.3 -3.8 -3.1  
  (Totals as percent of GDP) -4.1 -5.5 -1.8 -4.9 -4.1  
  Export 4666 4881 5337 14884 4599 5099 5594 15292 5462 5966 6756 18184 5840 5295 5348 16483 64843  
  Import 5752 4992 5953 16697 5822 6290 5893 18005 6347 6099 6609 19055 6686 6393 6238 19317 73074  
   
  Goods 1/ -1345 -694 -896 -2935 -1307 -1211 -492 -3010 -932 -425 -309 -1666 -902 -1307 -1146 -3355 -10966  
  (Totals as percent of GNI) -4.8 -4.5 -2.6 -4.5 -4.1  
  (Totals as percent of GDP) -6.6 -6.1 -3.5 -5.8 -5.5  
  Credit: Exports 3493 3506 4119 11118 3561 4164 4487 12212 4445 4720 5302 14467 4732 4079 4140 12951 50748  
  Debit:   Imports 4838 4200 5015 14053 4868 5375 4979 15222 5377 5145 5611 16133 5634 5386 5286 16306 61714  
   
  Services 259 583 280 1122 84 20 193 297 47 292 456 795 56 209 256 521 2735  
  Credit: Exports 1173 1375 1218 3766 1038 935 1107 3080 1017 1246 1454 3717 1108 1216 1208 3532 14095  
  Debit:   Imports 914 792 938 2644 954 915 914 2783 970 954 998 2922 1052 1007 952 3011 11360  
   
  Income -81 -45 -217 -343 128 53 55 236 86 -103 113 96 291 145 80 516 505  
  Credit:   Receipts 468 468 522 1458 482 466 497 1445 550 512 514 1576 517 513 584 1614 6093  
  Debit:     Payments 549 513 739 1801 354 413 442 1209 464 615 401 1480 226 368 504 1098 5588  
   
  Current  Transfers 1230 1264 1334 3828 1352 1425 1457 4234 1495 1309 1336 4140 1509 1463 1474 4446 16648  
  Credit:   Receipts 1300 1321 1415 4036 1417 1492 1513 4422 1549 1364 1503 4416 1558 1511 1535 4604 17478  
  Debit:     Payments 70 57 81 208 65 67 56 188 54 55 167 276 49 48 61 158 830  
   
  CAPITAL  AND  FINANCIAL  ACCOUNT 1856 67 -1273 650 282 -213 -95 -26 -845 -1074 3334 1415 1575 2762 1012 5349 7388  
   
  Capital  Account 8 5 8 21 7 12 11 30 18 5 9 32 6 1 8 15 98  
  Credit:    Receipts 14 10 14 38 13 17 18 48 22 13 15 50 13 6 15 34 170  
  Debit:      Payments 6 5 6 17 6 5 7 18 4 8 6 18 7 5 7 19 72  
   
  Financial  Account 1848 62 -1281 629 275 -225 -106 -56 -863 -1079 3325 1383 1569 2761 1004 5334 7290  
  Direct Investment 172 350 -122 400 148 -7 -190 -49 -59 -69 56 -72 -17 391 29 403 682  
  Debit: Assets, Residents'  Investments Abroad 33 14 240 287 18 53 35 106 12 32 24 68 82 5 68 155 616  
  Credit: Liabilities, Non-Residents'  205 364 118 687 166 46 -155 57 -47 -37 80 -4 65 396 97 558 1298  
  Investments in the Phil.  
   
  Portfolio Investment 1474 -848 -555 71 -229 -42 -170 -441 -1183 208 2209 1234 1098 1511 892 3501 4365  
  Debit: Assets, Residents'  Investments Abroad 47 337 856 1240 406 163 -126 443 416 221 -176 461 589 87 52 728 2872  
  Credit: Liabilities, Non-Residents'   1521 -511 301 1311 177 121 -296 2 -767 429 2033 1695 1687 1598 944 4229 7237  
  Investments in the Phil.  
   
  Financial Derivatives -31 3 -12 -40 -57 2 29 -26 -1 -47 -70 -118 -76 -54 123 -7 -191  
  Debit: Assets, Residents'  Investments Abroad -18 -26 -20 -64 -11 -42 -57 -110 -25 -13 -11 -49 -17 -32 -157 -206 -429  
  Credit: Liabilities, Non-Residents'   -49 -23 -32 -104 -68 -40 -28 -136 -26 -60 -81 -167 -93 -86 -34 -213 -620  
  Investments in the Phil.  
   
  Other Investment 233 557 -592 198 413 -178 225 460 380 -1171 1130 339 564 913 -40 1437 2434  
  Debit: Assets, Residents'  Investments Abroad 0 293 1324 1617 -841 246 651 56 93 1048 -165 976 594 221 -691 124 2773  
  Credit: Liabilities, Non-Residents'  233 850 732 1815 -428 68 876 516 473 -123 965 1315 1158 1134 -731 1561 5207  
  Investments in the Phil.  
   
  NET UNCLASSIFIED ITEMS -686 -1300 933 -1053 443 312 -617 138 241 152 -1868 -1475 207 630 -449 388 -2002  
                                               
  OVERALL BOP POSITION 1233 -125 161 1269 982 386 501 1869 92 151 3062 3305 2736 3902 1227 7865 14308  
  (Totals as percent of GNI) 2.1 2.8 5.1 10.5 5.4  
  (Totals as percent of GDP)       2.8       3.8       6.9       13.6 7.2  
   
  Debit: Change in Reserve Assets 1236 -121 165 1280 986 387 484 1857 95 155 3067 3317 2741 3902 1210 7853 14307  
   
  Credit: Change in Reserve Liabilities 3 4 4 11 4 1 -17 -12 3 4 5 12 5 0 -17 -12 -1  
  Use of Fund Credits 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 3 4 4 11 4 1 -17 -12 3 4 5 12 5 0 -17 -12 -1  
   
  Memo Items:  
   
  Change in Banks' Net Foreign Assets (NFA) 110 1132 -2243 -1001 526 -619 593 500 461 -548 2363 2276 834 1426 1024 3284 5059  
  Change in Commercial Banks' (KBs)  92 1140 -2231 -999 568 -518 632 682 500 -535 2134 2099 1068 1393 789 3250 5032  
  Net Foreign Assets (NFA)  
  Change in Thrift Banks' (TBs) NFA 18 -8 -12 -2 -42 -101 -39 -182 -39 -13 229 177 -234 33 235 34 27  
  OF Cash Remittances 1421 1463 1608 4492 1573 1634 1681 4888 1673 1556 1657 4886 1732 1669 1753 5154 19420  
  of which channeled thru the banking system 1373 1413 1553 4339 1520 1579 1624 4723 1617 1503 1600 4720 1674 1613 1694 4981 18763  
  Basic Balance 125 1642 631 2398 194 270 1478 1942 983 962 1613 3558 1027 1328 1363 3718 11616  
    Net Unclassified Items as Percent of Total Trade -8.2 -16.9 10.2 -4.2 5.3 3.3 -6.5 0.5 2.5 1.5 -17.1 -4.8 2.0 6.7 -4.8 1.3 -1.8  
   
  r -  Revised to reflect: a) late reports; b) post-audit adjustments; and c) final data from companies.  
  1/ - Data on goods import for 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 Banks' 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                                    
  2010   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010  
  GOODS -1345 -694 -896 -2935 -1307 -1211 -492 -3010 -932 -425 -309 -1666 -902 -1307 -1146 -3355 -10966  
  EXPORTS 3493 3506 4119 11118 3561 4164 4487 12212 4445 4720 5302 14467 4732 4079 4140 12951 50748  
  IMPORTS 4838 4200 5015 14053 4868 5375 4979 15222 5377 5145 5611 16133 5634 5386 5286 16306 61714  
   
  General Merchandise -1393 -782 -964 -3139 -1419 -1261 -631 -3311 -993 -541 -402 -1936 -1097 -1392 -1213 -3702 -12088  
  General Merchandise Exports, fob 2751 2711 3257 8719 2771 3183 3130 9084 3074 3232 3487 9793 3306 3134 3286 9726 37322  
  Exports of goods in trade statistics, fob 3579 3570 4182 11331 3612 4241 4557 12410 4505 4774 5341 14620 4788 4146 4201 13135 51496  
  Adjustments -828 -859 -925 -2612 -841 -1058 -1427 -3326 -1431 -1542 -1854 -4827 -1482 -1012 -915 -3409 -14174  
  For  Coverage -86 -64 -63 -213 -51 -77 -70 -198 -60 -54 -39 -153 -56 -67 -61 -184 -748  
  For  Classification -742 -795 -862 -2399 -790 -981 -1357 -3128 -1371 -1488 -1815 -4674 -1426 -945 -854 -3225 -13426  
  For  Valuation 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  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.  
  General Merchandise Imports, fob 4144 3493 4221 11858 4190 4444 3761 12395 4067 3773 3889 11729 4403 4526 4499 13428 49410  
  Imports of goods in trade statistics, fob 4310 3906 4556 12772 4568 4812 4225 13605 4688 4461 4597 13746 4904 4956 4949 14809 54932  
  Adjustments -166 -413 -335 -914 -378 -368 -464 -1210 -621 -688 -708 -2017 -501 -430 -450 -1381 -5522  
  For  Coverage 158 22 28 208 27 2 27 56 46 36 59 141 42 53 55 150 555  
  For  Classification -694 -707 -794 -2195 -678 -931 -1218 -2827 -1310 -1372 -1722 -4404 -1231 -860 -787 -2878 -12304  
  For  Valuation 370 272 431 1073 273 561 727 1561 643 648 955 2246 688 377 282 1347 6227  
  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) 71 103 99 273 114 67 163 344 91 139 136 366 224 96 81 401 1384  
  Exports 731 778 858 2367 760 970 1342 3072 1355 1470 1812 4637 1423 904 812 3139 13215  
  Imports 660 675 759 2094 646 903 1179 2728 1264 1331 1676 4271 1199 808 731 2738 11831  
   
  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 71 103 99 273 114 67 163 344 91 139 136 366 224 96 81 401 1384  
  Exports 731 778 858 2367 760 970 1342 3072 1355 1470 1812 4637 1423 904 812 3139 13215  
  Imports 660 675 759 2094 646 903 1179 2728 1264 1331 1676 4271 1199 808 731 2738 11831  
   
  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 -30 -27 -35 -92 -26 -21 -39 -86 -46 -41 -46 -133 -32 -52 -56 -140 -451  
  Exports 4 5 0 9 6 7 0 13 0 0 0 0 0 0 0 0 22  
  Imports 34 32 35 101 32 28 39 99 46 41 46 133 32 52 56 140 473  
   
  Nonmonetary  Gold 7 12 4 23 24 4 15 43 16 18 3 37 3 41 42 86 189  
  Exports 7 12 4 23 24 4 15 43 16 18 3 37 3 41 42 86 189  
  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) 7 3 4 14 3 4 4 11 4 6 3 13 3 9 10 22 60  
  Exports 7 3 4 14 3 4 4 11 4 6 3 13 3 9 10 22 60  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Others (Industrial Gold) 0 9 0 9 21 0 11 32 12 12 0 24 0 32 32 64 129  
  Exports 0 9 0 9 21 0 11 32 12 12 0 24 0 32 32 64 129  
      Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  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.  
  n.a.  - data not available                                    
3 SERVICES                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
  SERVICES 259 583 280 1122 84 20 193 297 47 292 456 795 56 209 256 521 2735  
  EXPORTS 1173 1375 1218 3766 1038 935 1107 3080 1017 1246 1454 3717 1108 1216 1208 3532 14095  
  IMPORTS 914 792 938 2644 954 915 914 2783 970 954 998 2922 1052 1007 952 3011 11360  
   
  Transportation -285 -251 -293 -829 -297 -332 -285 -914 -310 -296 -331 -937 -334 -303 -297 -934 -3614  
  Exports 99 89 118 306 113 107 120 340 118 121 119 358 122 114 111 347 1351  
  Imports 384 340 411 1135 410 439 405 1254 428 417 450 1295 456 417 408 1281 4965  
   
  of which: Passenger -14 -17 -1 -32 -15 -19 -12 -46 -9 -9 -18 -36 -22 -20 -24 -66 -180  
  Exports 46 42 59 147 55 50 56 161 54 55 47 156 45 47 42 134 598  
  Imports 60 59 60 179 70 69 68 207 63 64 65 192 67 67 66 200 778  
  of which: Freight -237 -201 -240 -678 -236 -261 -233 -730 -255 -241 -260 -756 -267 -246 -244 -757 -2921  
  Exports 35 35 41 111 35 42 45 122 44 47 53 144 47 41 42 130 507  
  Imports 272 236 281 789 271 303 278 852 299 288 313 900 314 287 286 887 3428  
  of which: Other -34 -33 -52 -119 -46 -52 -40 -138 -46 -46 -53 -145 -45 -37 -29 -111 -513  
  Exports 18 12 18 48 23 15 19 57 20 19 19 58 30 26 27 83 246  
  Imports 52 45 70 167 69 67 59 195 66 65 72 203 75 63 56 194 759  
   
  Travel -1 -22 -73 -96 -81 -91 -46 -218 -98 -33 -84 -215 -131 -35 -91 -257 -786  
  Exports 273 221 227 721 223 183 222 628 169 267 222 658 176 264 183 623 2630  
  Imports 274 243 300 817 304 274 268 846 267 300 306 873 307 299 274 880 3416  
   
  Communication  services 15 13 18 46 13 3 11 27 8 21 9 38 15 14 11 40 151  
  Exports 35 28 23 86 28 18 24 70 27 29 23 79 22 22 26 70 305  
  Imports 20 15 5 40 15 15 13 43 19 8 14 41 7 8 15 30 154  
   
  Construction  services 6 6 3 15 2 12 14 28 6 10 19 35 8 4 10 22 100  
  Exports 8 7 4 19 10 13 16 39 7 10 21 38 10 4 11 25 121  
  Imports 2 1 1 4 8 1 2 11 1 0 2 3 2 0 1 3 21  
   
  Insurance  services -20 -13 -21 -54 -16 -20 -18 -54 -18 -20 -18 -56 -25 -21 -24 -70 -234  
  Exports 4 8 6 18 6 5 6 17 8 5 11 24 6 7 5 18 77  
  Imports 24 21 27 72 22 25 24 71 26 25 29 80 31 28 29 88 311  
   
  Financial  services -19 0 -1 -20 0 -1 -6 -7 0 -2 0 -2 -4 0 -3 -7 -36  
  Exports 7 4 3 14 2 2 4 8 5 3 3 11 1 2 2 5 38  
  Imports 26 4 4 34 2 3 10 15 5 5 3 13 5 2 5 12 74  
   
  Computer and Information  services 74 136 141 351 143 135 139 417 161 146 248 555 149 148 199 496 1819  
  Exports 84 145 150 379 150 145 145 440 167 156 256 579 156 162 212 530 1928  
  Imports 10 9 9 28 7 10 6 23 6 10 8 24 7 14 13 34 109  
   
  Royalties and license fees -26 -36 -37 -99 -49 -34 -37 -120 -29 -37 -32 -98 -51 -37 -36 -124 -441  
  Exports 0 0 1 1 0 1 0 1 0 0 0 0 1 0 1 2 4  
  Imports 26 36 38 100 49 35 37 121 29 37 32 98 52 37 37 126 445  
   
  Other business services 537 772 563 1872 391 370 441 1202 346 518 666 1530 451 460 510 1421 6025  
  Exports 660 870 683 2213 503 459 567 1529 512 647 795 1954 611 637 656 1904 7600  
  Imports 123 98 120 341 112 89 126 327 166 129 129 424 160 177 146 483 1575  
   
  Merchanting and other trade-related services 1 1 1 3 1 1 2 4 2 3 2 7 3 3 2 8 22  
  Exports 1 1 1 3 1 1 2 4 2 3 2 7 3 3 2 8 22  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Operational leasing services -24 -23 -24 -71 -21 -20 -24 -65 -10 -22 -21 -53 -23 -22 -23 -68 -257  
  Exports 0 1 1 2 0 1 0 1 0 1 1 2 1 0 1 2 7  
  Imports 24 24 25 73 21 21 24 66 10 23 22 55 24 22 24 70 264  
   
                      and technical services Misc. business, professional  560 794 586 1940 411 389 463 1263 354 537 685 1576 471 479 531 1481 6260  
  and technical services  
  Exports 659 868 681 2208 502 457 565 1524 510 643 792 1945 607 634 653 1894 7571  
  Imports 99 74 95 268 91 68 102 261 156 106 107 369 136 155 122 413 1311  
   
  Personal, cultural and recreational services -2 -2 -1 -5 -2 -3 -1 -6 0 4 -2 2 -3 -2 -4 -9 -18  
  Exports 3 3 3 9 3 2 3 8 4 8 4 16 3 4 1 8 41  
  Imports 5 5 4 14 5 5 4 14 4 4 6 14 6 6 5 17 59  
   
  Audio-Visual and related services -1 0 -1 -2 -2 -1 -1 -4 -1 1 0 0 -3 -3 -1 -7 -13  
  Exports 2 2 2 6 2 2 2 6 2 4 4 10 2 2 1 5 27  
  Imports 3 2 3 8 4 3 3 10 3 3 4 10 5 5 2 12 40  
   
  Other personal, cultural and  -1 -2 0 -3 0 -2 0 -2 1 3 -2 2 0 1 -3 -2 -5  
  recreational services  
  Exports 1 1 1 3 1 0 1 2 2 4 0 6 1 2 0 3 14  
  Imports 2 3 1 6 1 2 1 4 1 1 2 4 1 1 3 5 19  
   
  Government services, n.i.e. -20 -20 -19 -59 -20 -19 -19 -58 -19 -19 -19 -57 -19 -19 -19 -57 -231  
  Exports 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Imports 20 20 19 59 20 19 19 58 19 19 19 57 19 19 19 57 231  
                                               
  r -  Revised to reflect data updates from official sources  
                                               
4 INCOME                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
  INCOME -81 -45 -217 -343 128 53 55 236 86 -103 113 96 291 145 80 516 505  
  RECEIPTS 468 468 522 1458 482 466 497 1445 550 512 514 1576 517 513 584 1614 6093  
  PAYMENTS 549 513 739 1801 354 413 442 1209 464 615 401 1480 226 368 504 1098 5588  
   
  Compensation of emp. incl. border,  367 383 446 1196 408 396 423 1227 451 444 439 1334 438 438 494 1370 5127  
  seasonal, and other workers  
  Receipts 367 383 446 1196 408 396 423 1227 451 444 439 1334 438 438 494 1370 5127  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Investment Income -448 -428 -663 -1539 -280 -343 -368 -991 -365 -547 -326 -1238 -147 -293 -414 -854 -4622  
  Receipts 101 85 76 262 74 70 74 218 99 68 75 242 79 75 90 244 966  
  Payments 549 513 739 1801 354 413 442 1209 464 615 401 1480 226 368 504 1098 5588  
   
  Direct Investment Income -222 -120 -206 -548 -128 -155 -200 -483 -41 -283 -152 -476 -46 -213 -243 -502 -2009  
  Receipts 11 14 3 28 14 0 11 25 14 3 4 21 14 14 14 42 116  
  Payments 233 134 209 576 142 155 211 508 55 286 156 497 60 227 257 544 2125  
   
  Income on Equity -222 -96 -197 -515 -127 -153 -191 -471 -35 -276 -143 -454 -45 -212 -234 -491 -1931  
  Receipts 11 14 3 28 14 0 11 25 14 3 4 21 14 14 14 42 116  
  Payments 233 110 200 543 141 153 202 496 49 279 147 475 59 226 248 533 2047  
   
  Dividends and distributed  -174 -79 -205 -458 -121 -125 -183 -429 -33 -265 -113 -411 -29 -204 -218 -451 -1749  
  branch profits  
         Receipts 11 14 3 28 14 0 11 25 14 3 4 21 14 14 14 42 116  
  Payments 185 93 208 486 135 125 194 454 47 268 117 432 43 218 232 493 1865  
   
  Reinvested earnings and  -48 -17 8 -57 -6 -28 -8 -42 -2 -11 -30 -43 -16 -8 -16 -40 -182  
  undistributed branch profits  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 48 17 -8 57 6 28 8 42 2 11 30 43 16 8 16 40 182  
   
  Income on debt (interest) 0 -24 -9 -33 -1 -2 -9 -12 -6 -7 -9 -22 -1 -1 -9 -11 -78  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 24 9 33 1 2 9 12 6 7 9 22 1 1 9 11 78  
   
  Portfolio  Investment Income -211 -240 -397 -848 -112 -128 -91 -331 -310 -211 -110 -631 -50 -8 -70 -128 -1938  
  Receipts 63 61 61 185 52 55 50 157 59 53 61 173 56 51 66 173 688  
  Payments 274 301 458 1033 164 183 141 488 369 264 171 804 106 59 136 301 2626  
   
  Income on Equity (dividends) -20 -112 -267 -399 -68 -130 -36 -234 -37 -179 -8 -224 -10 -12 -36 -58 -915  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 20 112 267 399 68 130 36 234 37 179 8 224 10 12 36 58 915  
   
  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 -21 -7 -28 0 -6 0 -6 -27 -13 0 -40 -3 0 -26 -29 -103  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 21 7 28 0 6 0 6 27 13 0 40 3 0 26 29 103  
   
  Other sectors -20 -91 -260 -371 -68 -124 -36 -228 -10 -166 -8 -184 -7 -12 -10 -29 -812  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 20 91 260 371 68 124 36 228 10 166 8 184 7 12 10 29 812  
   
  Income on debt (interest) -191 -128 -130 -449 -44 2 -55 -97 -273 -32 -102 -407 -40 4 -34 -70 -1023  
  Receipts 63 61 61 185 52 55 50 157 59 53 61 173 56 51 66 173 688  
  Payments 254 189 191 634 96 53 105 254 332 85 163 580 96 47 100 243 1711  
   
  Bonds and notes -191 -128 -130 -449 -44 2 -55 -97 -273 -32 -102 -407 -40 4 -34 -70 -1023  
  Receipts 63 61 61 185 52 55 50 157 59 53 61 173 56 51 66 173 688  
  Payments 254 189 191 634 96 53 105 254 332 85 163 580 96 47 100 243 1711  
   
  Monetary authorities 56 53 49 158 45 40 35 120 52 44 50 146 48 39 45 132 556  
  Receipts 56 53 49 158 45 41 43 129 52 44 50 146 48 42 59 149 582  
  Payments 0 0 0 0 0 1 8 9 0 0 0 0 0 3 14 17 26  
   
  General government  -221 -169 -144 -534 -68 0 -42 -110 -301 -66 -115 -482 -77 0 -38 -115 -1241  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 221 169 144 534 68 0 42 110 301 66 115 482 77 0 38 115 1241  
   
  Banks 0 -5 -2 -7 -5 0 0 -5 0 -11 -2 -13 -6 0 0 -6 -31  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 5 2 7 5 0 0 5 0 11 2 13 6 0 0 6 31  
   
  Other sectors -26 -7 -33 -66 -16 -38 -48 -102 -24 1 -35 -58 -5 -35 -41 -81 -307  
  Receipts 7 8 12 27 7 14 7 28 7 9 11 27 8 9 7 24 106  
  Payments 33 15 45 93 23 52 55 130 31 8 46 85 13 44 48 105 413  
   
  Money market instruments  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  
   
              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 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 investment Income -15 -68 -60 -143 -40 -60 -77 -177 -14 -53 -64 -131 -51 -72 -101 -224 -675  
  Receipts 27 10 12 49 8 15 13 36 26 12 10 48 9 10 10 29 162  
  Payments 42 78 72 192 48 75 90 213 40 65 74 179 60 82 111 253 837  
   
  Monetary authorities 13 4 6 23 1 4 5 10 14 5 3 22 2 2 2 6 61  
  Receipts 13 5 6 24 1 4 5 10 14 6 3 23 2 2 2 6 63  
  Payments 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 2  
   
  General government  -16 -42 -40 -98 -17 -45 -37 -99 -17 -40 -43 -100 -20 -48 -48 -116 -413  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 16 42 40 98 17 45 37 99 17 40 43 100 20 48 48 116 413  
   
  Banks 9 -4 0 5 -2 6 2 6 6 2 -1 7 -6 3 2 -1 17  
  Receipts 11 2 4 17 4 7 3 14 8 3 3 14 4 5 5 14 59  
  Payments 2 6 4 12 6 1 1 8 2 1 4 7 10 2 3 15 42  
   
  Other sectors -21 -26 -26 -73 -22 -25 -47 -94 -17 -20 -23 -60 -27 -29 -57 -113 -340  
  Receipts 3 3 2 8 3 4 5 12 4 3 4 11 3 3 3 9 40  
        Payments 24 29 28 81 25 29 52 106 21 23 27 71 30 32 60 122 380  
  r -  Revised to reflect data updates from official sources  
                                               
5 CURRENT TRANSFERS                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
  CURRENT TRANSFERS 1230 1264 1334 3828 1352 1425 1457 4234 1495 1309 1336 4140 1509 1463 1474 4446 16648  
  RECEIPTS 1300 1321 1415 4036 1417 1492 1513 4422 1549 1364 1503 4416 1558 1511 1535 4604 17478  
  PAYMENTS 70 57 81 208 65 67 56 188 54 55 167 276 49 48 61 158 830  
   
  General government 24 18 14 56 13 13 25 51 30 20 24 74 19 22 25 66 247  
  Receipts 35 28 29 92 26 26 34 86 36 27 30 93 24 26 29 79 350  
  Payments 11 10 15 36 13 13 9 35 6 7 6 19 5 4 4 13 103  
   
  Other sectors 1206 1246 1320 3772 1339 1412 1432 4183 1465 1289 1312 4066 1490 1441 1449 4380 16401  
  Receipts 1265 1293 1386 3944 1391 1466 1479 4336 1513 1337 1473 4323 1534 1485 1506 4525 17128  
  Payments 59 47 66 172 52 54 47 153 48 48 161 257 44 44 57 145 727  
   
  Workers' remittances 1195 1226 1327 3748 1322 1396 1422 4140 1393 1274 1384 4051 1464 1398 1441 4303 16242  
  Receipts 1195 1226 1327 3748 1322 1396 1422 4140 1393 1274 1384 4051 1464 1398 1441 4303 16242  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other transfers 11 20 -7 24 17 16 10 43 72 15 -72 15 26 43 8 77 159  
  Receipts 70 67 59 196 69 70 57 196 120 63 89 272 70 87 65 222 886  
  Payments 59 47 66 172 52 54 47 153 48 48 161 257 44 44 57 145 727  
                                               
  r -  Revised to reflect data updates from official sources  
                                               
6 CAPITAL ACCOUNT                                    
  in million U.S. dollars                                    
  2010   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010  
  CAPITAL ACCOUNT 8 5 8 21 7 12 11 30 18 5 9 32 6 1 8 15 98  
  RECEIPTS 14 10 14 38 13 17 18 48 22 13 15 50 13 6 15 34 170  
  PAYMENTS 6 5 6 17 6 5 7 18 4 8 6 18 7 5 7 19 72  
   
  Capital transfers 9 6 8 23 8 12 11 31 18 5 9 32 6 1 8 15 101  
  Receipts 14 10 14 38 13 17 18 48 22 13 15 50 13 6 15 34 170  
  Payments 5 4 6 15 5 5 7 17 4 8 6 18 7 5 7 19 69  
   
  General government 10 5 9 24 9 12 12 33 18 9 9 36 7 0 9 16 109  
  Receipts 10 5 9 24 9 12 12 33 18 9 9 36 7 0 9 16 109  
  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 10 5 9 24 9 12 12 33 18 9 9 36 7 0 9 16 109  
  Receipts 10 5 9 24 9 12 12 33 18 9 9 36 7 0 9 16 109  
  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 0 -1 -2 0 -4 0 -4 -1 1 -1 -1 -8  
  Receipts 4 5 5 14 4 5 6 15 4 4 6 14 6 6 6 18 61  
  Payments 5 4 6 15 5 5 7 17 4 8 6 18 7 5 7 19 69  
   
  Migrants transfers 0 0 0 0 0 -1 -1 -2 0 -4 0 -4 0 1 1 2 -4  
  Receipts 4 4 5 13 4 4 5 13 4 4 6 14 6 6 6 18 58  
  Payments 4 4 5 13 4 5 6 15 4 8 6 18 6 5 5 16 62  
   
  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 -1 -1 -1 1 0 0 0 0 0 0 -1 0 -2 -3 -4  
  Receipts 0 1 0 1 0 1 1 2 0 0 0 0 0 0 0 0 3  
  Payments 1 0 1 2 1 0 1 2 0 0 0 0 1 0 2 3 7  
   
  Acquisition/disposal of nonproduced,  -1 -1 0 -2 -1 0 0 -1 0 0 0 0 0 0 0 0 -3  
  nonfinancial assets  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 1 1 0 2 1 0 0 1 0 0 0 0 0 0 0 0 3  
                                               
7 DIRECT INVESTMENT                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
  DIRECT INVESTMENT 172 350 -122 400 148 -7 -190 -49 -59 -69 56 -72 -17 391 29 403 682  
   
  ASSETS :  Residents' Investments Abroad 33 14 240 287 18 53 35 106 12 32 24 68 82 5 68 155 616  
   
  Equity  capital 33 14 240 287 18 53 35 106 12 32 24 68 82 5 68 155 616  
   
  Claims on affiliated enterprises 33 14 240 287 18 53 35 106 12 32 24 68 82 5 68 155 616  
  Placements 37 18 244 299 22 57 36 115 14 42 25 81 85 19 77 181 676  
  Withdrawals 4 4 4 12 4 4 1 9 2 10 1 13 3 14 9 26 60  
   
  Liabilities to affiliated enterprises 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.  
   
  Reinvested earnings 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.  
   
  Other Capital 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.  
   
  Claims on affiliated enterprises 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.  
  Liabilities to affiliated enterprises 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.  
   
  LIABILITIES : Non-residents' Investments 205 364 118 687 166 46 -155 57 -47 -37 80 -4 65 396 97 558 1298  
   in the Philippines  
   
  Equity  capital -27 79 10 62 63 -56 -220 -213 -317 -164 -22 -503 33 280 -55 258 -396  
   
  Claims on direct investors 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.  
  Liabilities to direct investors -27 79 10 62 63 -56 -220 -213 -317 -164 -22 -503 33 280 -55 258 -396  
  Placements 17 87 44 148 72 33 71 176 57 79 39 175 36 283 417 736 1235  
  Withdrawals 44 8 34 86 9 89 291 389 374 243 61 678 3 3 472 478 1631  
   
  Reinvested earnings 48 17 -8 57 6 28 8 42 2 11 30 43 16 8 16 40 182  
  Claims 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.  
  Liabilities 48 17 -8 57 6 28 8 42 2 11 30 43 16 8 16 40 182  
   
  Other Capital 184 268 116 568 97 74 57 228 268 116 72 456 16 108 136 260 1512  
   
  Claims on direct investors -11 -115 39 -87 117 43 25 185 11 15 -32 -6 174 12 59 245 337  
  Liabilities to direct investors 173 153 155 481 214 117 82 413 279 131 40 450 190 120 195 505 1849  
                                               
  Notes:   Balance is derived by deducting assets from liabilities.                                   
  r -  Revised to reflect final data from companies  
  n.a. - data not available  
                                               
8 PORTFOLIO INVESTMENT                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
  PORTFOLIO INVESTMENT 1474 -848 -555 71 -229 -42 -170 -441 -1183 208 2209 1234 1098 1511 892 3501 4365  
   
  ASSETS :  Residents' Investments Abroad 47 337 856 1240 406 163 -126 443 416 221 -176 461 589 87 52 728 2872  
   
  Equity  securities 0 2 1 3 4 -1 -2 1 -1 -1 -1 -3 -1 -5 7 1 2  
   
  Monetary  Authorities 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  
  Banks 0 0 0 0 -2 -1 -1 -4 -1 -1 -1 -3 -1 -5 4 -2 -9  
  Other sectors 0 2 1 3 6 0 -1 5 0 0 0 0 0 0 3 3 11  
  Placements 0 2 1 3 6 0 1 7 0 0 0 0 0 0 3 3 13  
  Withdrawals 0 0 0 0 0 0 2 2 0 0 0 0 0 0 0 0 2  
   
  Debt  securities 47 335 855 1237 402 164 -124 442 417 222 -175 464 590 92 45 727 2870  
   
  Bonds and notes 150 242 839 1231 394 13 167 574 314 50 -5 359 473 162 90 725 2889  
   
  Monetary  Authorities 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  
  Banks 11 92 623 726 294 28 1 323 130 -53 -109 -32 377 42 -13 406 1423  
  Other sectors 139 150 216 505 100 -15 166 251 184 103 104 391 96 120 103 319 1466  
   
  Money-market instruments -103 93 16 6 8 151 -291 -132 103 172 -170 105 117 -70 -45 2 -19  
   
  Monetary  Authorities 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  
  Banks -188 -12 -78 -278 -64 202 -439 -301 77 102 -152 27 73 -58 -56 -41 -593  
  Other sectors 85 105 94 284 72 -51 148 169 26 70 -18 78 44 -12 11 43 574  
   
  LIABILITIES : Non-residents' Investments 1521 -511 301 1311 177 121 -296 2 -767 429 2033 1695 1687 1598 944 4229 7237  
  in the Philippines  
   
  Equity  securities 22 69 -172 -81 155 -94 -31 30 -485 -39 548 24 603 -40 -33 530 503  
   
  Banks -2 18 -193 -177 41 31 0 72 -113 77 288 252 0 10 5 15 162  
  Other sectors 24 51 21 96 114 -125 -31 -42 -372 -116 260 -228 603 -50 -38 515 341  
  Placements 455 394 541 1390 615 417 434 1466 468 665 1196 2329 1560 1040 881 3481 8666  
  Withdrawals 431 343 520 1294 501 542 465 1508 840 781 936 2557 957 1090 919 2966 8325  
   
  Debt  securities 1499 -580 473 1392 22 215 -265 -28 -282 468 1485 1671 1084 1638 977 3699 6734  
   
  Bonds and notes 1499 -580 474 1393 22 215 -265 -28 -284 468 1485 1669 1084 1638 977 3699 6733  
   
  Monetary  Authorities 17 17 17 51 0 0 0 0 -2 -2 -2 -6 -15 -215 -15 -245 -200  
  General  Government 1576 -773 711 1514 78 148 74 300 215 29 1282 1526 1037 1056 572 2665 6005  
  Banks -19 231 -14 198 3 -2 1 2 -34 -36 146 76 -90 94 498 502 778  
  Other sectors -75 -55 -240 -370 -59 69 -340 -330 -463 477 59 73 152 703 -78 777 150  
   
  Money-market instruments 0 0 -1 -1 0 0 0 0 2 0 0 2 0 0 0 0 1  
   
  Monetary  Authorities 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  
  Banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other sectors 0 0 -1 -1 0 0 0 0 2 0 0 2 0 0 0 0 1  
                               
  Notes:   Balance is derived by deducting assets from liabilities.                                   
  r -  Revised to reflect data updates from offical sources  
                                               
9 FINANCIAL DERIVATIVES                                    
  in million U.S. dollars                                    
  2010   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010  
  FINANCIAL DERIVATIVES  -31 3 -12 -40 -57 2 29 -26 -1 -47 -70 -118 -76 -54 123 -7 -191  
   
  Monetary  Authorities 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  
  Banks -32 1 -14 -45 -59 13 26 -20 2 -45 -70 -113 -76 -53 123 -6 -184  
  Other sectors 1 2 2 5 2 -11 3 -6 -3 -2 0 -5 0 -1 0 -1 -7  
   
  ASSETS -18 -26 -20 -64 -11 -42 -57 -110 -25 -13 -11 -49 -17 -32 -157 -206 -429  
   
  Monetary  Authorities 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  
  Banks -9 -19 -15 -43 -7 -42 -50 -99 -21 -10 -8 -39 -16 -32 -156 -204 -385  
  Other sectors -9 -7 -5 -21 -4 0 -7 -11 -4 -3 -3 -10 -1 0 -1 -2 -44  
   
  LIABILITIES -49 -23 -32 -104 -68 -40 -28 -136 -26 -60 -81 -167 -93 -86 -34 -213 -620  
   
  Monetary  Authorities 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  
  Banks -41 -18 -29 -88 -66 -29 -24 -119 -19 -55 -78 -152 -92 -85 -33 -210 -569  
  Other sectors -8 -5 -3 -16 -2 -11 -4 -17 -7 -5 -3 -15 -1 -1 -1 -3 -51  
                                               
  Notes:   Balance is derived by deducting assets from liabilities.                                   
                                               
10 OTHER INVESTMENT                                    
  in million U.S. dollars                                    
  2010 r   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010 r  
  OTHER INVESTMENT 233 557 -592 198 413 -178 225 460 380 -1171 1130 339 564 913 -40 1437 2434  
   
  ASSETS :  Residents' Investments Abroad 0 293 1324 1617 -841 246 651 56 93 1048 -165 976 594 221 -691 124 2773  
   
  Trade credits 1 -2 1 0 0 -1 2 1 0 2 2 4 0 -1 0 -1 4  
   
  General government 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other sectors 1 -2 1 0 0 -1 2 1 0 2 2 4 0 -1 0 -1 4  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term  1 -2 1 0 0 -1 2 1 0 2 2 4 0 -1 0 -1 4  
   
  Loans -47 -378 316 -109 -360 -531 600 -291 -740 336 -477 -881 -1037 -455 -187 -1679 -2960  
   
  Monetary authorities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 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  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Banks -31 -395 329 -97 -372 -527 627 -272 -730 351 -479 -858 -1075 -449 -191 -1715 -2942  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term -31 -395 329 -97 -372 -527 627 -272 -730 351 -479 -858 -1075 -449 -191 -1715 -2942  
  Other sectors -16 17 -13 -12 12 -4 -27 -19 -10 -15 2 -23 38 -6 4 36 -18  
  Long-term 3 -2 -4 -3 0 -3 -4 -7 1 6 10 17 1 -5 -2 -6 1  
  Short-term -19 19 -9 -9 12 -1 -23 -12 -11 -21 -8 -40 37 -1 6 42 -19  
   
  Currency and deposits -2146 372 -124 -1898 148 740 368 1256 2509 -104 -315 2090 -386 1346 -255 705 2153  
   
  Monetary  Authorities 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  
  Banks -2078 -181 -233 -2492 16 517 -189 344 1644 -704 -661 279 -940 991 -424 -373 -2242  
  Other sectors -68 553 109 594 132 223 557 912 865 600 346 1811 554 355 169 1078 4395  
   
  Other  Assets 2192 301 1131 3624 -629 38 -319 -910 -1676 814 625 -237 2017 -669 -249 1099 3576  
   
  Monetary authorities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 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  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Banks 2192 301 1130 3623 -628 37 -320 -911 -1674 814 623 -237 2018 -669 -249 1100 3575  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 2192 301 1130 3623 -628 37 -320 -911 -1674 814 623 -237 2018 -669 -249 1100 3575  
  Other sectors 0 0 1 1 -1 1 1 1 -2 0 2 0 -1 0 0 -1 1  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 1 1 -1 1 1 1 -2 0 2 0 -1 0 0 -1 1  
   
  LIABILITIES : Non-residents' Investments  233 850 732 1815 -428 68 876 516 473 -123 965 1315 1158 1134 -731 1561 5207  
  in the Philippines  
   
  Trade credits 398 45 623 1066 -224 428 252 456 100 115 -184 31 -394 -7 -105 -506 1047  
   
  General government 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Drawings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Repayments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other sectors 398 45 623 1066 -224 428 252 456 100 115 -184 31 -394 -7 -105 -506 1047  
  Long-term 0 1 -1 0 -6 0 0 -6 0 0 0 0 -4 0 -1 -5 -11  
  Drawings   0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1  
  Repayments   0 0 1 1 6 0 0 6 0 0 0 0 4 0 1 5 12  
  Short-term 398 44 624 1066 -218 428 252 462 100 115 -184 31 -390 -7 -104 -501 1058  
   
  Loans -111 227 150 266 -150 -70 426 206 281 60 339 680 343 -39 497 801 1953  
   
  Monetary authorities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Drawings 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Repayments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  General government -34 -97 162 31 6 111 -52 65 -22 -127 118 -31 18 -75 -81 -138 -73  
  Long-term -34 -97 162 31 6 111 -52 65 -22 -127 118 -31 18 -75 -81 -138 -73  
  Drawings 22 62 339 423 43 228 97 368 41 41 282 364 85 40 79 204 1359  
  Repayments 56 159 177 392 37 117 149 303 63 168 164 395 67 115 160 342 1432  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Banks -14 37 -49 -26 -186 -35 29 -192 43 196 397 636 224 39 528 791 1209  
  Long-term 11 8 -38 -19 -168 0 -4 -172 74 142 86 302 57 560 543 1160 1271  
  Drawings 13 8 1 22 2 3 0 5 74 142 86 302 57 560 545 1162 1491  
  Repayments 2 0 39 41 170 3 4 177 0 0 0 0 0 0 2 2 220  
  Short-term -25 29 -11 -7 -18 -35 33 -20 -31 54 311 334 167 -521 -15 -369 -62  
  Other sectors -63 287 37 261 30 -146 449 333 260 -9 -176 75 101 -3 50 148 817  
  Long-term -61 262 129 330 7 -138 467 336 278 -9 -172 97 90 -10 76 156 919  
  Drawings 50 311 281 642 118 57 626 801 765 37 94 896 182 104 341 627 2966  
  Repayments 111 49 152 312 111 195 159 465 487 46 266 799 92 114 265 471 2047  
  Short-term -2 25 -92 -69 23 -8 -18 -3 -18 0 -4 -22 11 7 -26 -8 -102  
   
  Currency and deposits -138 243 338 443 -79 -324 208 -195 -36 -199 611 376 687 739 -174 1252 1876  
   
  Monetary  Authorities 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  
  Banks -113 247 352 486 -82 -326 230 -178 -124 -134 614 356 682 745 -183 1244 1908  
  Other sectors 1/ -25 -4 -14 -43 3 2 -22 -17 88 -65 -3 20 5 -6 9 8 -32  
   
  Other  Liabilities 84 335 -379 40 25 34 -10 49 128 -99 199 228 522 441 -949 14 331  
   
  Monetary  Authorities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 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  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Banks 84 335 -378 41 24 34 -9 49 129 -100 199 228 523 441 -949 15 333  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 84 335 -378 41 24 34 -9 49 129 -100 199 228 523 441 -949 15 333  
  Other sectors 0 0 -1 -1 1 0 -1 0 -1 1 0 0 -1 0 0 -1 -2  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 -1 -1 1 0 -1 0 -1 1 0 0 -1 0 0 -1 -2  
                                               
  Notes:   Balance is derived by deducting assets from liabilities.                                   
  r -  Revised to reflect: a) data updates from offical sources; and b) post-audit adjustments  
  1/ - This consists mainly of OBUs. Consistent with the treatment in the Monetary and Financial Statistics, OBUs are considered as resident non-bank corporations and not as banks since their deposit  
  liabilities are not included in broad money. Entries represent deposit liabilities to non-residents.  
                                               
11 OVERALL BOP POSITION: TRANSACTIONS IN RESERVE ASSETS AND LIABILITIES                         
  in million U.S. dollars                                    
  2010   Jan-Dec  
            Jan Feb Mar Q1 Apr May Jun Q2 Jul Aug Sep Q3 Oct Nov Dec Q4 2010  
  CHANGE IN NET RESERVES 1233 -125 161 1269 982 386 501 1869 92 151 3062 3305 2736 3902 1227 7865 14308  
   
  CHANGE IN RESERVE ASSETS 1236 -121 165 1280 986 387 484 1857 95 155 3067 3317 2741 3902 1210 7853 14307  
   
  Monetary  gold -55 -87 242 100 -33 93 -37 23 52 -71 -106 -125 -923 -150 -160 -1233 -1235  
   
  Special drawing rights 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Reserves position in the Fund 0 0 0 0 0 0 0 0 0 0 0 0 117 0 0 117 117  
   
  Foreign Exchange 1291 -34 -77 1180 1019 294 521 1834 43 226 3173 3442 3547 4052 1370 8969 15425  
   
  Currency and deposits 2574 -591 -886 1097 198 -135 459 522 -2341 682 1412 -247 2844 -1652 1335 2527 3899  
   
  With monetary authorities 0 0 0 0 0  
  With banks 0 0 0 0 0  
   
  Securities -1283 557 809 83 821 429 62 1312 2384 -456 1761 3689 703 5704 35 6442 11526  
   
  Equities 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Bonds and notes -1283 557 809 83 821 429 62 1312 2384 -456 1761 3689 703 5704 35 6442 11526  
  Money market instruments  0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  and financial derivatives  
   
  Other claims 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  CHANGE IN RESERVE LIABILITIES 3 4 4 11 4 1 -17 -12 3 4 5 12 5 0 -17 -12 -1  
   
  Use of Fund Credit and loans 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Short-term 3 4 4 11 4 1 -17 -12 3 4 5 12 5 0 -17 -12 -1  
                                               
  Notes:   Balance is derived by deducting liabilities from assets.