1 PHILIPPINES: BALANCE OF PAYMENTS                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  CURRENT ACCOUNT -2875 -2228 -1750 -282 285 1625 1980 5341 7112 3627 9358 8922 7125 7177  
  (Totals as percent of GNI) r -3.0 -2.3 -1.9 -0.3 0.3 1.5 1.6 3.7 4.1 1.8 4.6 3.7 2.7 2.4  
  (Totals as percent of GDP) r -3.5 -2.7 -2.3 -0.3 0.3 1.8 1.9 4.4 4.8 2.1 5.6 4.5 3.2 2.9  
   
  Goods and Services -7597 -7841 -8553 -7532 -7814 -7461 -9113 -6595 -6142 -11725 -6728 -8231 -11492 -11124  
  (Totals as percent of GNI) r -8.0 -8.3 -9.5 -7.8 -7.9 -6.9 -7.5 -4.6 -3.5 -5.8 -3.3 -3.4 -4.3 -3.7  
  (Totals as percent of GDP) r -9.2 -9.7 -11.2 -9.3 -9.3 -8.2 -8.8 -5.4 -4.1 -6.8 -4.0 -4.1 -5.1 -4.4  
  Export 37711 40724 34385 37831 38728 42837 44788 52970 59278 57970 48624 64843 64104 69721  
  Import 45308 48565 42938 45363 46542 50298 53901 59565 65420 69695 55352 73074 75596 80845  
   
  Goods -5977 -5971 -6265 -5530 -5851 -5684 -7773 -6732 -8391 -12885 -8842 -10966 -15652 -14818  
  (Totals as percent of GNI) r -6.3 -6.3 -7.0 -5.7 -5.9 -5.3 -6.4 -4.7 -4.8 -6.3 -4.3 -4.6 -5.8 -4.9  
  (Totals as percent of GDP) r -7.2 -7.4 -8.2 -6.8 -7.0 -6.2 -7.5 -5.5 -5.6 -7.4 -5.2 -5.5 -7.0 -5.9  
  Credit: Exports 34243 37347 31313 34403 35339 38794 40263 46526 49512 48253 37610 50748 47571 51630  
  Debit: Imports 1/ 40220 43318 37578 39933 41190 44478 48036 53258 57903 61138 46452 61714 63223 66448  
   
  Services -1620 -1870 -2288 -2002 -1963 -1777 -1340 137 2249 1160 2114 2735 4160 3694  
  Credit: Exports 3468 3377 3072 3428 3389 4043 4525 6444 9766 9717 11014 14095 16533 18091  
  Debit: Imports 5088 5247 5360 5430 5352 5820 5865 6307 7517 8557 8900 11360 12373 14397  
   
  Income -1062 -30 -57 -430 -287 -74 -298 -1261 -899 105 -193 505 237 -871  
  Credit: Receipts 2723 3336 3553 3306 3330 3725 3937 4388 5351 5973 5712 6093 7188 7732  
  Debit: Payments 3785 3366 3610 3736 3617 3799 4235 5649 6250 5868 5905 5588 6951 8603  
   
  Current Transfers 5784 5643 6860 7680 8386 9160 11391 13197 14153 15247 16279 16648 18380 19172  
  Credit: Receipts 5969 5909 7119 7948 8626 9420 11711 13511 14573 15780 16910 17478 18852 19718  
  Debit: Payments 185 266 259 268 240 260 320 314 420 533 631 830 472 546  
   
  CAPITAL AND FINANCIAL ACCOUNT 4185 3363 911 1056 726 -1630 2229 20 3527 -1649 -1627 7388 5993 5701  
   
  Capital Account 163 138 62 27 54 17 40 138 24 53 104 98 147 181  
  Credit: Receipts 270 168 86 50 82 46 58 181 108 114 166 170 265 258  
  Debit: Payments 107 30 24 23 28 29 18 43 84 61 62 72 118 77  
   
  Financial Account 4022 3225 849 1029 672 -1647 2189 -118 3503 -1702 -1731 7290 5846 5520  
  Direct Investment 1114 2115 335 1477 188 109 1665 2818 -620 1285 1604 682 1513 341  
  Debit: Assets, Residents' Investments Abroad 133 125 -140 65 303 579 189 103 3536 259 359 616 339 1692  
  Credit: Liabilities, Non-Residents' 1247 2240 195 1542 491 688 1854 2921 2916 1544 1963 1298 1852 2033  
  Investments in the Phil.  
   
  Portfolio Investment 3315 -553 1027 746 562 -1713 3475 3043 4623 -3627 -625 4365 4390 3523  
  Debit: Assets, Residents' Investments Abroad 603 812 57 628 818 910 146 1567 -834 -789 2715 2872 -277 1204  
  Credit: Liabilities, Non-Residents' 3918 259 1084 1374 1380 -803 3621 4610 3789 -4416 2090 7237 4113 4727  
  Investments in the Phil.  
   
  Financial Derivatives 8 44 -15 -21 -64 -27 -43 -138 -288 -113 32 -191 1002 13  
  Debit: Assets, Residents' Investments Abroad -51 -166 -83 -85 -54 -58 -98 -159 -170 -541 -403 -429 -1541 -276  
  Credit: Liabilities, Non-Residents' -43 -122 -98 -106 -118 -85 -141 -297 -458 -654 -371 -620 -539 -263  
  Investments in the Phil.  
   
  Other Investment -415 1619 -498 -1173 -14 -16 -2908 -5841 -212 753 -2742 2434 -1059 1643  
  Debit: Assets, Residents' Investments Abroad 1051 -2455 -761 256 -743 859 4791 3512 4840 -4305 1967 2773 1712 1361  
  Credit: Liabilities, Non-Residents' 636 -836 -1259 -917 -757 843 1883 -2329 4628 -3552 -775 5207 653 3004  
  Investments in the Phil.  
   
  NET UNCLASSIFIED ITEMS 2281 -1644 637 36 -896 -275 -1799 -1592 -2082 -1889 -1310 -2002 -1718 -3642  
   
  OVERALL BOP POSITION 3591 -509 -202 810 115 -280 2410 3769 8557 89 6421 14308 11400 9236  
                                           
                                           
  OVERALL BOP POSITION 3591 -509 -202 810 115 -280 2410 3769 8557 89 6421 14308 11400 9236  
  (Totals as percent of GNI) r 3.8 -0.5 -0.2 0.8 0.1 -0.3 2.0 2.6 4.9 0.0 3.1 5.9 4.2 3.1  
  (Totals as percent of GDP) r 4.3 -0.6 -0.3 1.0 0.1 -0.3 2.3 3.1 5.7 0.1 3.8 7.2 5.1 3.7  
   
  Debit: Change in Reserve Assets 3955 -90 471 -253 -355 -1637 1621 2934 8550 1597 4911 14307 11399 9235  
   
  Credit: Change in Reserve Liabilities 364 419 673 -1063 -470 -1357 -789 -835 -7 1508 -1510 -1 -1 -1  
  Use of Fund Credits 289 304 -8 -407 -608 -471 -321 -402 0 0 0 0 0 0  
  Short-term 75 115 681 -656 138 -886 -468 -433 -7 1508 -1510 -1 -1 -1  
   
  Memo Items:  
  Change in Banks' Net Foreign Assets (NFA) -1699 1205 -352 -625 -606 -179 -1531 -4368 -1025 3005 -3752 5059 5114 3896  
  OF Cash Remittances 6021 6050 7720 8608 9094 10260 12292 14037 14956 17004 17955 19420 20821 22140  
  of which channeled thru the banking system * * 6031 6886 7578 8550 10689 12761 14450 16428 17348 18763 20117 21393  
  Basic Balance -719 160 -1598 485 231 1151 3207 5513 8852 3334 12038 11616 9218 7444  
    Net Unclassified Items as Percent of total Trade 3.1 -2.0 0.9 0.0 -1.2 -0.3 -2.0 -1.6 -1.9 -1.7 -1.6 -1.8 -1.6 -3.1  
  r - Ratios to GDP and GNI were revised to reflect data revisions/updates in the National Accounts of the Philippines released by the Philippine Statistics Authority as of April 2017.  
  * - 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).  
  1/ - Valuation adjustments include:  
  a.) adjustments to NSO's raw material imports for electronics exports' for the 1999 - 2001 and 2006-2012 series  
  b.) adjustments to NSO's raw material imports for garments for the 1999 - 2012 series.  
  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--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.  
  Offshore banking units were reclassified to Banks from Other Sectors beginning 2011 data.  
  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                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  GOODS -5977 -5971 -6265 -5530 -5851 -5684 -7773 -6732 -8391 -12885 -8842 -10966 -15652 -14818  
  EXPORTS 34243 37347 31313 34403 35339 38794 40263 46526 49512 48253 37610 50748 47571 51630  
  IMPORTS 40220 43318 37578 39933 41190 44478 48036 53258 57903 61138 46452 61714 63223 66448  
   
  General Merchandise -7940 -8502 -8219 -7716 -8181 -8402 -10157 -9068 -10422 -14295 -9600 -12088 -16210 -14757  
  General Merchandise Exports, fob 18068 21533 19339 21306 23345 25642 25892 31994 33585 34545 29480 37322 38467 46148  
  Exports of goods in trade statistics, fob 35037 38078 32150 35207 36230 39681 41255 47409 50465 49077 38436 51496 48305 51995  
  Adjustments -16969 -16545 -12811 -13901 -12885 -14039 -15363 -15415 -16880 -14532 -8956 -14174 -9838 -5847  
  For Coverage -794 -731 -837 -804 -891 -887 -992 -883 -953 -824 -826 -748 -734 -365  
  For Classification -16175 -15814 -11974 -13097 -11994 -13152 -14371 -14532 -15927 -13708 -8130 -13426 -9104 -5482  
  For Valuation 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.  
  General Merchandise Imports, fob 26008 30035 27558 29022 31526 34044 36049 41062 44007 48840 39080 49410 54677 60905  
  Imports of goods in trade statistics, fob 30742 34491 33057 39237 40469 44041 47417 51773 55516 56746 43092 54932 60495 61714  
  Adjustments -4734 -4456 -5499 -10215 -8943 -9997 -11368 -10711 -11509 -7906 -4012 -5522 -5818 -809  
  For Coverage -1024 -509 -434 -433 -335 -543 -492 -354 263 582 152 555 781 2525  
  For Classification -14212 -13283 -10020 -10911 -9664 -10434 -11987 -12196 -13896 -12298 -7372 -12304 -8546 -5543  
  For Valuation 10502 9336 4955 1129 1056 980 1111 1839 2124 3810 3208 6227 1947 2209  
  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.  
   
  Goods for processing: (On consignment) 1308 2287 1837 2169 2282 2717 2537 2302 2027 1562 830 1384 1008 293  
  Exports 15440 15550 11801 12956 11802 12992 14231 14136 15429 13113 7849 13215 8609 4922  
  Imports 14132 13263 9964 10787 9520 10275 11694 11834 13402 11551 7019 11831 7601 4629  
   
  Processing Abroad: 0 0 0 0 0 0 0 0 0 0 0 0 n.a. n.a.  
  Exports 0 0 0 0 0 0 0 0 0 0 0 0 n.a. n.a.  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 n.a. n.a.  
  Processing in the compiling economy 1308 2287 1837 2169 2282 2717 2537 2302 2027 1562 830 1384 1008 293  
  Exports 15440 15550 11801 12956 11802 12992 14231 14136 15429 13113 7849 13215 8609 4922  
  Imports 14132 13263 9964 10787 9520 10275 11694 11834 13402 11551 7019 11831 7601 4629  
   
  Repairs on goods: 417 14 -12 -53 -52 -45 -42 0 -44 -50 0 0 -31 -27  
  Exports 476 14 38 0 3 0 0 0 12 0 0 0 59 88  
  Imports 59 0 50 53 55 45 42 0 56 50 0 0 90 115  
  Goods procured in ports by carriers 46 63 41 -16 7 14 -119 -122 -217 -540 -322 -451 -855 -799  
  Exports 46 63 41 35 58 91 70 122 221 157 31 22 0 0  
  Imports 0 0 0 51 51 77 189 244 438 697 353 473 855 799  
   
  Nonmonetary Gold 192 167 88 86 93 32 8 156 265 438 250 189 436 472  
  Exports 213 187 94 106 131 69 70 274 265 438 250 189 436 472  
  Imports 21 20 6 20 38 37 62 118 0 0 0 0 0 0  
   
  Held as a store of value (Gold Bullion) 165 144 62 71 102 40 24 178 174 322 136 60 221 389  
  Exports 165 144 62 71 102 40 24 178 174 322 136 60 221 389  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Others (Industrial Gold) 27 23 26 15 -9 -8 -16 -22 91 116 114 129 215 83  
  Exports 48 43 32 35 29 29 46 96 91 116 114 129 215 83  
      Imports   21 20 6 20 38 37 62 118 0 0 0 0 0 0  
  n.a. - data not available  
  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                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  SERVICES -1620 -1870 -2288 -2002 -1963 -1777 -1340 137 2249 1160 2114 2735 4160 3694  
  EXPORTS 3468 3377 3072 3428 3389 4043 4525 6444 9766 9717 11014 14095 16533 18091  
  IMPORTS 5088 5247 5360 5430 5352 5820 5865 6307 7517 8557 8900 11360 12373 14397  
   
  Transportation -1704 -1588 -1429 -1426 -1468 -2094 -2163 -2301 -2521 -2914 -2508 -3614 -2841 -3328  
  Exports 307 464 590 877 951 1001 962 1151 1323 1295 1153 1351 1489 1574  
  Imports 2011 2052 2019 2303 2419 3095 3125 3452 3844 4209 3661 4965 4330 4902  
   
  of which: Passenger -58 -21 62 9 41 122 222 192 195 29 -30 -180 397 294  
  Exports 74 178 269 257 277 373 490 518 587 525 523 598 836 886  
  Imports 132 199 207 248 236 251 268 326 392 496 553 778 439 592  
  of which: Freight -1503 -1438 -1390 -1278 -1397 -2178 -2338 -2492 -2712 -2939 -2258 -2921 -3004 -3257  
  Exports 106 115 98 488 543 499 353 474 503 482 374 507 475 505  
  Imports 1609 1553 1488 1766 1940 2677 2691 2966 3215 3421 2632 3428 3479 3762  
  of which: Other -143 -129 -101 -157 -112 -38 -47 -1 -4 -4 -220 -513 -234 -365  
  Exports 127 171 223 132 131 129 119 159 233 288 256 246 178 183  
  Imports 270 300 324 289 243 167 166 160 237 292 476 759 412 548  
   
  Travel 973 514 31 135 131 742 986 2269 3270 442 -368 -786 -2178 -2233  
  Exports 2578 2156 1742 1761 1544 2017 2265 3501 4933 2499 2330 2630 3190 4014  
  Imports 1605 1642 1711 1626 1413 1275 1279 1232 1663 2057 2698 3416 5368 6247  
   
  Communication services 83 121 256 293 352 359 407 477 418 257 231 151 242 293  
  Exports 139 182 328 378 433 487 522 575 517 404 354 305 395 486  
  Imports 56 61 72 85 81 128 115 98 99 147 123 154 153 193  
   
  Construction services -108 -27 -235 -93 -16 23 59 54 92 57 58 100 -4 69  
  Exports 58 97 64 30 48 71 66 69 113 90 78 121 46 111  
  Imports 166 124 299 123 64 48 7 15 21 33 20 21 50 42  
   
  Insurance services -127 -143 -136 -163 -170 -187 -186 -209 -229 -243 -176 -234 -267 -274  
  Exports 12 12 12 12 12 12 17 21 22 19 59 77 73 90  
  Imports 139 155 148 175 182 199 203 230 251 262 235 311 340 364  
   
  Financial services 36 47 -16 -38 -16 -34 -40 -24 -123 -23 -55 -36 -92 -70  
  Exports 67 80 40 32 38 43 53 101 87 59 70 38 40 43  
  Imports 31 33 56 70 54 77 93 125 210 82 125 74 132 113  
   
  Computer and Information services -45 -23 -64 -43 -18 -16 27 28 243 1068 1657 1819 2188 1878  
  Exports 57 76 22 37 28 33 89 95 305 1148 1748 1928 2381 2036  
  Imports 102 99 86 80 46 49 62 67 62 80 91 109 193 158  
   
  Royalties and license fees -104 -190 -158 -235 -274 -262 -259 -343 -380 -382 -419 -441 -437 -496  
  Exports 6 7 1 1 4 11 6 6 5 0 2 4 5 8  
  Imports 110 197 159 236 278 273 265 349 385 382 421 445 442 504  
   
  Other business services -541 -495 -453 -378 -448 -249 -114 263 1605 3112 3923 6025 7816 8095  
  Exports 225 285 258 293 322 361 525 898 2439 4182 5186 7600 8842 9638  
  Imports 766 780 711 671 770 610 639 635 834 1070 1263 1575 1026 1543  
   
  Merchanting and other trade-related services 76 59 24 22 8 17 14 24 18 29 20 22 5 49  
  Exports 76 59 24 22 8 17 14 24 18 29 20 22 5 49  
  Imports 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Operational leasing services -71 -82 -85 -72 -55 -53 -48 -61 -86 -121 -198 -257 -160 -220  
  Exports 15 23 10 9 11 4 5 9 10 13 9 7 18 25  
  Imports 86 105 95 81 66 57 53 70 96 134 207 264 178 245  
   
  Misc. business, professional -546 -472 -392 -328 -401 -213 -80 300 1673 3204 4101 6260 7971 8266  
  and technical services  
  Exports 134 203 224 262 303 340 506 865 2411 4140 5157 7571 8819 9564  
  Imports 680 675 616 590 704 553 586 565 738 936 1056 1311 848 1298  
   
  Personal, cultural and recreational services -8 -14 -22 -10 -6 -8 11 19 0 -5 -8 -18 22 45  
  Exports 19 18 15 7 9 7 20 27 22 21 34 41 60 79  
  Imports 27 32 37 17 15 15 9 8 22 26 42 59 38 34  
   
  Audio-Visual and related services -3 -9 -10 -10 -5 -4 14 19 2 -9 0 -13 12 26  
  Exports 14 15 6 6 9 7 19 24 15 8 25 27 31 47  
  Imports 17 24 16 16 14 11 5 5 13 17 25 40 19 21  
   
  Other personal, cultural and -5 -5 -12 0 -1 -4 -3 0 -2 4 -8 -5 10 19  
  recreational services  
  Exports 5 3 9 1 0 0 1 3 7 13 9 14 29 32  
  Imports 10 8 21 1 1 4 4 3 9 9 17 19 19 13  
   
  Government services, n.i.e. -75 -72 -62 -44 -30 -51 -68 -96 -126 -209 -221 -231 -289 -285  
  Exports 0 0 0 0 0 0 0 0 0 0 0 0 12 12  
  Imports 75 72 62 44 30 51 68 96 126 209 221 231 301 297  
                                           
                                           
4 INCOME                                    
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  INCOME -1062 -30 -57 -430 -287 -74 -298 -1261 -899 105 -193 505 237 -871  
  RECEIPTS 2723 3336 3553 3306 3330 3725 3937 4388 5351 5973 5712 6093 7188 7732  
  PAYMENTS 1/ 3785 3366 3610 3736 3617 3799 4235 5649 6250 5868 5905 5588 6951 8603  
   
  Compensation of emp. incl. border, 1481 1763 2432 2568 2558 2851 2893 2758 3030 4092 4585 5127 5757 6414  
  seasonal, and other workers  
  Receipts 1481 1763 2432 2568 2558 2851 2893 2758 3030 4092 4585 5127 5858 6530  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 101 116  
   
  Investment Income -2543 -1793 -2489 -2998 -2845 -2925 -3191 -4019 -3929 -3987 -4778 -4622 -5520 -7285  
  Receipts 1242 1573 1121 738 772 874 1044 1630 2321 1881 1127 966 1330 1202  
  Payments 1/ 3785 3366 3610 3736 3617 3799 4235 5649 6250 5868 5905 5588 6850 8487  
   
  Direct Investment Income -801 -173 -670 -1192 -1047 -1346 -1372 -1962 -2085 -1643 -2078 -2009 -2823 -4166  
  Receipts 35 57 13 19 20 27 19 53 48 32 72 116 108 75  
  Payments 836 230 683 1211 1067 1373 1391 2015 2133 1675 2150 2125 2931 4241  
   
  Income on Equity -761 -117 -588 -1111 -987 -1295 -1281 -1875 -1914 -1543 -2025 -1931 -2768 -4109  
  Receipts 35 57 10 19 20 18 17 53 44 28 70 116 105 70  
  Payments 796 174 598 1130 1007 1313 1298 1928 1958 1571 2095 2047 2873 4179  
   
  Dividends and distributed -312 -451 -846 -876 -819 -1154 -1141 -1390 -1294 -1490 -1870 -1749 -1786 -3049  
  branch profits  
  Receipts 35 57 10 19 20 18 17 53 44 28 70 116 104 69  
  Payments 347 508 856 895 839 1172 1158 1443 1338 1518 1940 1865 1890 3118  
   
  Reinvested earnings and -449 334 258 -235 -168 -141 -140 -485 -620 -53 -155 -182 -982 -1060  
  undistributed branch profits  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 1 1  
  Payments 449 -334 -258 235 168 141 140 485 620 53 155 182 983 1061  
   
  Income on debt (interest) -40 -56 -82 -81 -60 -51 -91 -87 -171 -100 -53 -78 -55 -57  
  Receipts 0 0 3 0 0 9 2 0 4 4 2 0 3 5  
  Payments 40 56 85 81 60 60 93 87 175 104 55 78 58 62  
   
  Portfolio Investment Income -690 -521 -520 -720 -766 -685 -924 -1053 -966 -1321 -1738 -1938 -2028 -2377  
  Receipts 416 605 634 424 532 596 625 802 1359 1259 887 688 872 829  
  Payments 1106 1126 1154 1144 1298 1281 1549 1855 2325 2580 2625 2626 2900 3206  
   
  Income on Equity (dividends) -22 -8 -23 -20 -50 -70 -163 -391 -665 -952 -1049 -915 -861 -1011  
  Receipts 16 8 6 0 0 0 1 2 7 9 0 0 0 0  
  Payments 38 16 29 20 50 70 164 393 672 961 1049 915 861 1011  
   
  Monetary authorities 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  
  Payments 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  
  Receipts 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  
   
  Banks 0 0 0 0 0 0 -5 -14 -30 -109 -92 -103 -102 -111  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 5 14 30 109 92 103 102 111  
   
   
  Other sectors -22 -8 -23 -20 -50 -70 -158 -377 -635 -843 -957 -812 -759 -900  
  Receipts 16 8 6 0 0 0 1 2 7 9 0 0 0 0  
  Payments 38 16 29 20 50 70 159 379 642 852 957 812 759 900  
   
  Income on debt (interest) -668 -513 -497 -700 -716 -615 -761 -662 -301 -369 -689 -1023 -1167 -1366  
  Receipts 400 597 628 424 532 596 624 800 1352 1250 887 688 872 829  
  Payments 1068 1110 1125 1124 1248 1211 1385 1462 1653 1619 1576 1711 2039 2195  
   
  Bonds and notes -614 -510 -529 -709 -772 -723 -810 -722 -314 -370 -690 -1023 -929 -1067  
  Receipts 395 581 584 412 476 487 575 740 1338 1249 886 688 871 829  
  Payments 1009 1091 1113 1121 1248 1210 1385 1462 1652 1619 1576 1711 1800 1896  
   
  Monetary authorities 180 305 304 141 267 217 363 562 681 923 734 556 740 696  
  Receipts 266 443 417 297 417 360 477 576 701 954 767 582 761 716  
  Payments 86 138 113 156 150 143 114 14 20 31 33 26 21 20  
   
  General government -494 -477 -475 -537 -670 -688 -870 -1071 -1128 -1140 -1108 -1241 -1271 -1381  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 494 477 475 537 670 688 870 1071 1128 1140 1108 1241 1271 1381  
   
  Banks 0 0 0 0 0 0 0 0 -75 -68 -50 -31 -47 -60  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 75 68 50 31 47 60  
   
  Other sectors -300 -338 -358 -313 -369 -252 -303 -213 208 -85 -266 -307 -351 -322  
  Receipts 129 138 167 115 59 127 98 164 637 295 119 106 110 113  
  Payments 429 476 525 428 428 379 401 377 429 380 385 413 461 435  
   
  Money market instruments -54 -3 32 9 56 108 49 60 13 1 1 0 -238 -299  
  Receipts 5 16 44 12 56 109 49 60 14 1 1 0 1 0  
  Payments 59 19 12 3 0 1 0 0 1 0 0 0 239 299  
   
  Monetary authorities 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  
  Payments 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 -239 -299  
  Receipts 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 0 239 299  
   
  Banks 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  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors -54 -3 32 9 56 108 49 60 13 1 1 0 1 0  
  Receipts 5 16 44 12 56 109 49 60 14 1 1 0 1 0  
  Payments 59 19 12 3 0 1 0 0 1 0 0 0 0 0  
   
   
  Other investment Income -1052 -1099 -1299 -1086 -1032 -894 -895 -1004 -878 -1023 -962 -675 -669 -742  
  Receipts 791 911 474 295 220 251 400 775 914 590 168 162 350 298  
  Payments 1/ 1843 2010 1773 1381 1252 1145 1295 1779 1792 1613 1130 837 1019 1040  
   
  Monetary authorities 128 224 -37 -24 -10 8 89 269 395 194 26 61 32 11  
  Receipts 313 472 232 116 78 89 167 348 411 206 56 63 38 13  
  Payments 1/ 185 248 269 140 88 81 78 79 16 12 30 2 6 2  
   
  General government -803 -615 -602 -456 -444 -358 -465 -424 -468 -463 -437 -413 -405 -368  
  Receipts 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Payments 803 615 602 456 444 358 465 424 468 463 437 413 405 368  
   
  Banks 25 -70 -102 -122 -101 -79 -152 -425 -252 -125 -50 17 11 -89  
  Receipts 444 410 206 130 106 104 145 310 409 339 70 59 281 236  
  Payments 419 480 308 252 207 183 297 735 661 464 120 42 270 325  
   
  Other sectors -402 -638 -558 -484 -477 -465 -367 -424 -553 -629 -501 -340 -307 -296  
  Receipts 34 29 36 49 36 58 88 117 94 45 42 40 31 49  
        Payments 436 667 594 533 513 523 455 541 647 674 543 380 338 345  
                                           
5 CURRENT TRANSFERS                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  CURRENT TRANSFERS 5784 5643 6860 7680 8386 9160 11391 13197 14153 15247 16279 16648 18380 19172  
  RECEIPTS 5969 5909 7119 7948 8626 9420 11711 13511 14573 15780 16910 17478 18852 19718  
  PAYMENTS 185 266 259 268 240 260 320 314 420 533 631 830 472 546  
   
  General government 433 442 471 497 555 387 437 313 506 302 454 247 614 593  
  Receipts 495 503 533 563 620 460 530 424 625 451 640 350 655 643  
  Payments 62 61 62 66 65 73 93 111 119 149 186 103 41 50  
   
  Other sectors 5351 5201 6389 7183 7831 8773 10954 12884 13647 14945 15825 16401 17766 18579  
  Receipts 5474 5406 6586 7385 8006 8960 11181 13087 13948 15329 16270 17128 18197 19075  
  Payments 123 205 197 202 175 187 227 203 301 384 445 727 431 496  
   
  Workers' remittances 5212 5161 6328 7167 7681 8617 10668 12481 13255 14536 15141 16242 17138 17979  
  Receipts 5212 5161 6328 7167 7681 8617 10668 12481 13255 14536 15141 16242 17138 17979  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other transfers 139 40 61 16 150 156 286 403 392 409 684 159 628 600  
  Receipts 262 245 258 218 325 343 513 606 693 793 1129 886 1059 1096  
  Payments 123 205 197 202 175 187 227 203 301 384 445 727 431 496  
                                           
                                           
6 CAPITAL ACCOUNT                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  CAPITAL ACCOUNT 163 138 62 27 54 17 40 138 24 53 104 98 147 181  
  RECEIPTS 270 168 86 50 82 46 58 181 108 114 166 170 265 258  
  PAYMENTS 107 30 24 23 28 29 18 43 84 61 62 72 118 77  
   
  Capital transfers 164 138 62 27 54 25 42 138 66 55 103 101 142 191  
  Receipts 270 168 86 50 82 46 58 181 108 114 165 170 255 256  
  Payments 106 30 24 23 28 21 16 43 42 59 62 69 113 65  
   
  General government 221 122 77 48 41 41 41 61 81 91 118 109 138 146  
  Receipts 221 122 77 48 41 41 41 61 81 91 118 109 138 146  
  Payments 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  
  Receipts 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  
   
  Other 221 122 77 48 41 41 41 61 81 91 118 109 138 146  
  Receipts 221 122 77 48 41 41 41 61 81 91 118 109 138 146  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
   
  Other sectors -57 16 -15 -21 13 -16 1 77 -15 -36 -15 -8 4 45  
  Receipts 49 46 9 2 41 5 17 120 27 23 47 61 117 110  
  Payments 106 30 24 23 28 21 16 43 42 59 62 69 113 65  
   
  Migrants transfers -1 16 -15 -21 -14 -14 -10 -8 -18 -30 -15 -4 17 45  
  Receipts 24 37 9 0 4 3 5 12 17 14 39 58 96 106  
  Payments 25 21 24 21 18 17 15 20 35 44 54 62 79 61  
   
  Debt forgiveness 0 0 0 0 0 0 0 91 0 3 0 0 -10 0  
  Receipts 0 0 0 0 0 0 0 91 0 3 0 0 0 0  
  Payments 0 0 0 0 0 0 0 0 0 0 0 0 10 0  
   
  Other -56 0 0 0 27 -2 11 -6 3 -9 0 -4 -3 0  
  Receipts 25 9 0 2 37 2 12 17 10 6 8 3 21 4  
  Payments 81 9 0 2 10 4 1 23 7 15 8 7 24 4  
   
  Acquisition/disposal of nonproduced, -1 0 0 0 0 -8 -2 0 -42 -2 1 -3 5 -10  
  nonfinancial assets  
  Receipts 0 0 0 0 0 0 0 0 0 0 1 0 10 2  
  Payments 1 0 0 0 0 8 2 0 42 2 0 3 5 12  
                                           
                                           
7 DIRECT INVESTMENT                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  DIRECT INVESTMENT 1114 2115 335 1477 188 109 1665 2818 -620 1285 1604 682 1513 341  
   
  ASSETS : Residents' Investments Abroad 133 125 -140 65 303 579 189 103 3536 259 359 616 339 1692  
   
  Equity capital 133 125 -140 65 303 579 189 103 3536 259 359 616 228 1189  
   
  Claims on affiliated enterprises 133 125 -140 65 303 579 189 103 3536 259 359 616 228 1189  
  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.  
   
  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. 1 1  
   
  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. 110 502  
   
  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. 310 655  
  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. 200 153  
   
  LIABILITIES : Non-residents' Investments 1247 2240 195 1542 491 688 1854 2921 2916 1544 1963 1298 1852 2033  
  in the Philippines  
   
  Equity capital 1178 1333 556 1607 249 750 1181 1324 1949 1235 1731 -396 558 1345  
   
  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.  
  Liabilities to direct investors 1178 1333 556 1607 249 750 1181 1324 1949 1235 1731 -396 558 1345  
  Placement 1305 1525 773 1732 940 963 1369 1737 2169 1458 2008 1235 1021 1635  
  Withdrawals 127 192 217 125 691 213 188 413 220 223 277 1631 463 290  
   
  Reinvested earnings 449 -334 -258 235 168 141 140 485 620 53 155 182 983 1061  
  Claims 0 0 0 0 0 0 0 0 0 0 0 0 n.a. n.a.  
  Liabilities 449 -334 -258 235 168 141 140 485 620 53 155 182 983 1061  
   
  Other Capital -380 1241 -103 -300 74 -203 533 1112 347 256 77 1512 311 -373  
  Claims on direct investors 582 -753 565 227 1 -96 -190 -214 329 -108 749 337 400 406  
  Liabilities to direct investors 202 488 462 -73 75 -299 343 898 676 148 826 1849 711 33  
                                           
  Note: Balance is derived by deducting assets from liabilities.  
  n.a. - data not available  
8 PORTFOLIO INVESTMENT                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  PORTFOLIO INVESTMENT 3315 -553 1027 746 562 -1713 3475 3043 4623 -3627 -625 4365 4390 3523  
   
  ASSETS : Residents' Investments Abroad 603 812 57 628 818 910 146 1567 -834 -789 2715 2872 -277 1204  
   
  Equity securities 55 42 -30 8 48 18 5 -1 79 -75 44 2 37 200  
  Monetary Authorities 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  
  Banks 0 0 -3 1 2 6 1 -2 -5 -14 8 -9 18 6  
  Other sectors 55 42 -27 7 46 12 4 1 84 -61 36 11 19 194  
  Placements 75 219 4 14 46 115 4 2 105 102 39 13 35 199  
  Withdrawals 20 177 31 7 0 103 0 1 21 163 3 2 3 5  
   
  Debt securities 548 770 87 620 770 892 141 1568 -913 -714 2671 2870 -314 1004  
   
  Bonds and notes 548 770 238 -238 698 183 428 1272 -87 -160 2089 2889 -130 111  
  Monetary Authorities 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  
  Banks 122 341 215 -314 613 155 -353 1224 430 -625 465 1423 -205 198  
  Other sectors 426 429 23 76 85 28 781 48 -517 465 1624 1466 75 -87  
   
  Money-market instruments 0 0 -151 858 72 709 -287 296 -826 -554 582 -19 -184 893  
  Monetary Authorities 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  
  Banks 0 0 -76 661 -49 668 -352 693 -758 -605 254 -593 -133 836  
  Other sectors 0 0 -75 197 121 41 65 -397 -68 51 328 574 -51 57  
   
  LIABILITIES : Non-residents' Investments 3918 259 1084 1374 1380 -803 3621 4610 3789 -4416 2090 7237 4113 4727  
  in the Phils  
   
  Equity securities 489 -202 125 227 500 518 1465 2525 3178 -1289 -1096 503 1046 1728  
  Banks 17 -4 3 -10 3 1 -1 324 115 -48 18 162 38 126  
  Other sectors 472 -198 122 237 497 517 1466 2201 3063 -1241 -1114 341 1008 1602  
  Placements 12294 3228 1123 1198 1311 1917 3827 5523 12510 6262 4402 8666 10840 15881  
  Withdrawals 11822 3426 1001 961 814 1400 2361 3322 9447 7503 5516 8325 9832 14279  
   
  Debt securities 3429 461 959 1147 880 -1321 2156 2085 611 -3127 3186 6734 3067 2999  
   
  Bonds and notes 3429 461 959 1147 880 -1321 2145 2055 629 -3126 3139 6733 1029 2269  
  Monetary Authorities 1157 -195 141 -161 -206 -542 -723 -41 91 -34 -102 -200 -2 -13  
  General Government 2269 1394 419 1193 1281 -506 2712 1272 385 -1068 2846 6005 -355 883  
  Banks -701 -306 -236 -352 5 125 225 122 -89 -182 49 778 1249 886  
  Other sectors 704 -432 635 467 -200 -398 -69 702 242 -1842 346 150 137 513  
   
  Money-market instruments 0 0 0 0 0 0 11 30 -18 -1 47 1 2038 730  
  Monetary Authorities 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 2031 1090  
  Banks 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other sectors 0 0 0 0 0 0 11 30 -18 -1 47 1 7 -360  
  Note: Balance is derived by deducting assets from liabilities.                              
                                           
9 FINANCIAL DERIVATIVES                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  FINANCIAL DERIVATIVES 8 44 -15 -21 -64 -27 -43 -138 -288 -113 32 -191 1002 13  
   
  Monetary Authorities 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  
  Banks 8 44 -15 -21 -64 -27 -43 -138 -288 86 30 -184 1013 6  
  Other sectors 0 0 0 0 0 0 0 0 0 -199 2 -7 -11 7  
   
  ASSETS -51 -166 -83 -85 -54 -58 -98 -159 -170 -541 -403 -429 -1541 -276  
   
  Monetary Authorities 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  
  Banks -51 -166 -83 -85 -54 -58 -98 -159 -170 -439 -234 -385 -1529 -267  
  Other sectors 0 0 0 0 0 0 0 0 0 -102 -169 -44 -12 -9  
   
  LIABILITIES -43 -122 -98 -106 -118 -85 -141 -297 -458 -654 -371 -620 -539 -263  
   
  Monetary Authorities 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  
  Banks -43 -122 -98 -106 -118 -85 -141 -297 -458 -353 -204 -569 -516 -261  
  Other sectors 0 0 0 0 0 0 0 0 0 -301 -167 -51 -23 -2  
                                           
  Note: Balance is derived by deducting assets from liabilities.  
                                           
10 OTHER INVESTMENT                              
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  OTHER INVESTMENT -415 1619 -498 -1173 -14 -16 -2908 -5841 -212 753 -2742 2434 -1059 1643  
   
  ASSETS : Residents' Investments Abroad 1051 -2455 -761 256 -743 859 4791 3512 4840 -4305 1967 2773 1712 1361  
   
  Trade credits 0 0 3 3 9 3 17 3 29 8 6 4 -2 -7  
   
  General government 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  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other sectors 0 0 3 3 9 3 17 3 29 8 6 4 -2 -7  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term 0 0 3 3 9 3 17 3 29 8 6 4 -2 -7  
   
  Loans 257 -1307 832 344 -233 -156 1857 3129 1259 -3197 1600 -2960 -1991 219  
   
  Monetary authorities 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  
  Short-term 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  
  Long-term 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  
  Banks 245 -1320 829 346 -225 -351 1407 1937 501 -1378 2183 -2942 -1991 219  
  Long-term -120 -9 7 95 32 -57 -47 180 404 -198 -11 0 13 15  
  Short-term 365 -1311 822 251 -257 -294 1454 1757 97 -1180 2194 -2942 -2004 204  
  Other sectors 12 13 3 -2 -8 195 450 1192 758 -1819 -583 -18 0 0  
  Long-term 4 -1 31 13 -19 16 -7 654 12 -591 -22 1 0 0  
  Short-term 8 14 -28 -15 11 179 457 538 746 -1228 -561 -19 0 0  
   
  Currency and deposits 2367 -2294 -1095 -1088 -1286 937 3321 2257 3768 3600 -4551 2153 3582 1419  
   
  Monetary Authorities 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  
  Banks 2176 -2187 -1247 -1102 -907 818 2750 1329 1958 3688 -5733 -2242 355 -256  
  Other sectors 191 -107 152 14 -379 119 571 928 1810 -88 1182 4395 3227 1675  
   
  Other Assets -1573 1146 -501 997 767 75 -404 -1877 -216 -4716 4912 3576 123 -270  
   
  Monetary authorities 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  
  Short-term 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  
  Long-term 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  
  Banks -1483 1237 -491 997 762 76 -416 -1875 -215 -4712 4919 3575 123 -270  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term -1483 1237 -491 997 762 76 -416 -1875 -215 -4712 4919 3575 123 -270  
  Other sectors -90 -91 -10 0 5 -1 12 -2 -1 -4 -7 1 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term -90 -91 -10 0 5 -1 12 -2 -1 -4 -7 1 0 0  
   
   
  LIABILITIES : Non-residents' Investments 636 -836 -1259 -917 -757 843 1883 -2329 4628 -3552 -775 5207 653 3004  
  in the Phils  
   
  Trade credits -128 -510 -371 -31 125 380 -59 239 632 -668 3 1047 -45 380  
  General government 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  
  Drawings 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  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Other sectors -128 -510 -371 -31 125 380 -59 239 632 -668 3 1047 -45 380  
  Long-term -267 -357 -243 155 -186 -11 53 -25 -80 -140 -12 -11 94 122  
  Drawings -286 -321 112 -5 -115 22 4 18 130 0 18 1 106 142  
  Repayments -19 36 355 -160 71 33 -49 43 210 140 30 12 12 20  
  Short-term 139 -153 -128 -186 311 391 -112 264 712 -528 15 1058 -139 258  
   
  Loans 1706 -21 -711 189 -543 -480 1581 -2304 3293 -3326 -757 1953 -517 -447  
  Monetary authorities -15 50 116 -40 195 -4 60 -563 -194 0 0 0 0 0  
  Other long-term -15 50 116 -40 195 -4 60 -563 -194 0 0 0 0 0  
  Drawings 235 105 177 118 330 229 106 0 0 0 0 0 0 0  
  Repayments 250 55 61 158 135 233 46 563 194 0 0 0 0 0  
  General government 269 -184 -65 90 -64 -362 -500 176 438 58 957 -73 177 -136  
  Long-term 269 -184 -65 90 -64 -362 -500 176 438 58 957 -73 177 -136  
  Drawings 1466 934 930 1174 1238 913 900 1526 1610 1253 2218 1359 1737 1407  
  Repayments 1197 1118 995 1084 1302 1275 1400 1350 1172 1195 1261 1432 1560 1543  
  Short-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Banks 593 -284 -647 920 -79 276 1099 -1182 415 -883 -1009 1209 -574 378  
  Long-term 0 0 0 0 525 50 0 228 25 -1396 -579 1271 -604 427  
  Drawings 0 0 0 0 525 50 0 228 150 818 302 1491 1151 961  
  Repayments 0 0 0 0 0 0 0 0 125 2214 881 220 1755 534  
  Short-term 593 -284 -647 920 -604 226 1099 -1410 390 513 -430 -62 30 -49  
  Other sectors 859 397 -115 -781 -595 -390 922 -735 2634 -2501 -705 817 -120 -689  
  Long-term 768 572 0 -813 -689 -287 -102 -1628 2851 -829 -585 919 -223 -666  
  Drawings 2269 1898 1756 876 1232 1560 2023 1200 5514 1941 1442 2966 1924 1442  
  Repayments 1501 1326 1756 1689 1921 1847 2125 2828 2663 2770 2027 2047 2147 2108  
  Short-term 91 -175 -115 32 94 -103 1024 893 -217 -1672 -120 -102 103 -23  
   
  Currency and deposits -890 -473 775 -1144 -341 868 147 -339 552 -140 -530 1876 1170 2891  
  Monetary Authorities 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  
  Banks -728 -200 826 -933 -373 883 -192 -126 537 -358 -126 1908 1170 2891  
  Other sectors -162 -273 -51 -211 32 -15 339 -213 15 218 -404 -32 0 0  
   
  Other Liabilities -52 168 -952 69 2 75 214 75 151 582 509 331 45 180  
  Monetary Authorities 0 0 0 0 0 0 0 0 0 0 1126 0 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 1126 0 0 0  
  of which SDR Allocations 0 0 0 0 0 0 0 0 0 0 1126 0 0 0  
  Short-term 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  
  Long-term 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  
  Banks -49 159 -931 62 -1 74 198 79 124 594 -596 333 45 180  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Short-term -49 159 -931 62 -1 74 198 79 124 594 -596 333 45 180  
  Other sectors -3 9 -21 7 3 1 16 -4 27 -12 -21 -2 0 0  
  Long-term 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
        Short-term -3 9 -21 7 3 1 16 -4 27 -12 -21 -2 0 0  
  Note: Balance is derived by deducting assets from liabilities.  
                                           
11 OVERALL BOP POSITION: TRANSACTIONS IN RESERVE ASSETS AND LIABILITIES                  
  in million U.S. dollars                                
              1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012  
   
  CHANGE IN NET RESERVES 3591 -509 -202 810 115 -280 2410 3769 8557 89 6421 14308 11400 9236  
   
  CHANGE IN RESERVE ASSETS 3955 -90 471 -253 -355 -1637 1621 2934 8550 1597 4911 14307 11399 9235  
   
  Monetary gold -23 22 -1 -9 -460 -955 -1415 -944 -912 -385 -854 -1235 561 1842  
   
  Special drawing rights 18 -19 13 -5 -8 -1 -1 0 -2 11 1126 0 0 169  
   
  Reserves position in the Fund -1 -6 2 0 0 0 0 0 0 0 0 117 225 61  
   
  Foreign Exchange 3961 -87 457 -239 113 -681 3037 3878 9464 1971 4639 15425 10613 7163  
   
  Currency and deposits 1102 999 -620 -1929 -291 710 592 2886 2468 -8980 5147 3899 -4292 -907  
   
  Securities 2859 -1086 1077 1690 404 -1391 2445 992 6996 10951 -508 11526 14905 8070  
   
  Equities 0 0 0 0 0 0 0 0 0 0 0 0 0 0  
  Bonds and notes 2859 -1086 1077 1690 404 -1391 2445 992 6996 10951 -508 11526 14905 8070  
  Money market instruments 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  
   
  CHANGE IN RESERVE LIABILITIES 364 419 673 -1063 -470 -1357 -789 -835 -7 1508 -1510 -1 -1 -1  
   
  Use of Fund Credit and loans 289 304 -8 -407 -608 -471 -321 -402 0 0 0 0 0 0  
   
  Short-term 75 115 681 -656 138 -886 -468 -433 -7 1508 -1510 -1 -1 -1  
                                           
  Note: Balance is derived by deducting liabilities from assets.