1 |
PHILIPPINES: BALANCE OF PAYMENTS |
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in million U.S. dollars |
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1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
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CURRENT ACCOUNT |
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-2875 |
-2228 |
-1750 |
-282 |
285 |
1625 |
1980 |
5341 |
7112 |
3627 |
9358 |
8922 |
7125 |
7177 |
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(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 |
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(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 |
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Goods
and Services |
-7597 |
-7841 |
-8553 |
-7532 |
-7814 |
-7461 |
-9113 |
-6595 |
-6142 |
-11725 |
-6728 |
-8231 |
-11492 |
-11124 |
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(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 |
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(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 |
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Export |
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37711 |
40724 |
34385 |
37831 |
38728 |
42837 |
44788 |
52970 |
59278 |
57970 |
48624 |
64843 |
64104 |
69721 |
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Import |
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45308 |
48565 |
42938 |
45363 |
46542 |
50298 |
53901 |
59565 |
65420 |
69695 |
55352 |
73074 |
75596 |
80845 |
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Goods |
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-5977 |
-5971 |
-6265 |
-5530 |
-5851 |
-5684 |
-7773 |
-6732 |
-8391 |
-12885 |
-8842 |
-10966 |
-15652 |
-14818 |
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(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 |
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(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 |
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Credit: Exports |
34243 |
37347 |
31313 |
34403 |
35339 |
38794 |
40263 |
46526 |
49512 |
48253 |
37610 |
50748 |
47571 |
51630 |
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Debit:
Imports 1/ |
40220 |
43318 |
37578 |
39933 |
41190 |
44478 |
48036 |
53258 |
57903 |
61138 |
46452 |
61714 |
63223 |
66448 |
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Services |
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-1620 |
-1870 |
-2288 |
-2002 |
-1963 |
-1777 |
-1340 |
137 |
2249 |
1160 |
2114 |
2735 |
4160 |
3694 |
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Credit: Exports |
3468 |
3377 |
3072 |
3428 |
3389 |
4043 |
4525 |
6444 |
9766 |
9717 |
11014 |
14095 |
16533 |
18091 |
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Debit:
Imports |
5088 |
5247 |
5360 |
5430 |
5352 |
5820 |
5865 |
6307 |
7517 |
8557 |
8900 |
11360 |
12373 |
14397 |
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Income |
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-1062 |
-30 |
-57 |
-430 |
-287 |
-74 |
-298 |
-1261 |
-899 |
105 |
-193 |
505 |
237 |
-871 |
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Credit:
Receipts |
2723 |
3336 |
3553 |
3306 |
3330 |
3725 |
3937 |
4388 |
5351 |
5973 |
5712 |
6093 |
7188 |
7732 |
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Debit:
Payments |
3785 |
3366 |
3610 |
3736 |
3617 |
3799 |
4235 |
5649 |
6250 |
5868 |
5905 |
5588 |
6951 |
8603 |
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Current
Transfers |
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5784 |
5643 |
6860 |
7680 |
8386 |
9160 |
11391 |
13197 |
14153 |
15247 |
16279 |
16648 |
18380 |
19172 |
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Credit:
Receipts |
5969 |
5909 |
7119 |
7948 |
8626 |
9420 |
11711 |
13511 |
14573 |
15780 |
16910 |
17478 |
18852 |
19718 |
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Debit:
Payments |
185 |
266 |
259 |
268 |
240 |
260 |
320 |
314 |
420 |
533 |
631 |
830 |
472 |
546 |
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CAPITAL
AND FINANCIAL ACCOUNT |
4185 |
3363 |
911 |
1056 |
726 |
-1630 |
2229 |
20 |
3527 |
-1649 |
-1627 |
7388 |
5993 |
5701 |
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Capital
Account |
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163 |
138 |
62 |
27 |
54 |
17 |
40 |
138 |
24 |
53 |
104 |
98 |
147 |
181 |
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Credit:
Receipts |
270 |
168 |
86 |
50 |
82 |
46 |
58 |
181 |
108 |
114 |
166 |
170 |
265 |
258 |
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Debit:
Payments |
107 |
30 |
24 |
23 |
28 |
29 |
18 |
43 |
84 |
61 |
62 |
72 |
118 |
77 |
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Financial
Account |
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4022 |
3225 |
849 |
1029 |
672 |
-1647 |
2189 |
-118 |
3503 |
-1702 |
-1731 |
7290 |
5846 |
5520 |
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Direct Investment |
1114 |
2115 |
335 |
1477 |
188 |
109 |
1665 |
2818 |
-620 |
1285 |
1604 |
682 |
1513 |
341 |
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Debit: Assets, Residents' Investments Abroad |
133 |
125 |
-140 |
65 |
303 |
579 |
189 |
103 |
3536 |
259 |
359 |
616 |
339 |
1692 |
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Credit: Liabilities, Non-Residents' |
1247 |
2240 |
195 |
1542 |
491 |
688 |
1854 |
2921 |
2916 |
1544 |
1963 |
1298 |
1852 |
2033 |
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Investments in the Phil. |
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Portfolio Investment |
3315 |
-553 |
1027 |
746 |
562 |
-1713 |
3475 |
3043 |
4623 |
-3627 |
-625 |
4365 |
4390 |
3523 |
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Debit: Assets, Residents' Investments Abroad |
603 |
812 |
57 |
628 |
818 |
910 |
146 |
1567 |
-834 |
-789 |
2715 |
2872 |
-277 |
1204 |
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Credit: Liabilities, Non-Residents' |
3918 |
259 |
1084 |
1374 |
1380 |
-803 |
3621 |
4610 |
3789 |
-4416 |
2090 |
7237 |
4113 |
4727 |
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Investments in the Phil. |
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Financial Derivatives |
8 |
44 |
-15 |
-21 |
-64 |
-27 |
-43 |
-138 |
-288 |
-113 |
32 |
-191 |
1002 |
13 |
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Debit: Assets, Residents' Investments Abroad |
-51 |
-166 |
-83 |
-85 |
-54 |
-58 |
-98 |
-159 |
-170 |
-541 |
-403 |
-429 |
-1541 |
-276 |
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Credit: Liabilities, Non-Residents' |
-43 |
-122 |
-98 |
-106 |
-118 |
-85 |
-141 |
-297 |
-458 |
-654 |
-371 |
-620 |
-539 |
-263 |
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Investments in the Phil. |
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Other Investment |
-415 |
1619 |
-498 |
-1173 |
-14 |
-16 |
-2908 |
-5841 |
-212 |
753 |
-2742 |
2434 |
-1059 |
1643 |
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Debit: Assets, Residents' Investments Abroad |
1051 |
-2455 |
-761 |
256 |
-743 |
859 |
4791 |
3512 |
4840 |
-4305 |
1967 |
2773 |
1712 |
1361 |
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Credit: Liabilities, Non-Residents' |
636 |
-836 |
-1259 |
-917 |
-757 |
843 |
1883 |
-2329 |
4628 |
-3552 |
-775 |
5207 |
653 |
3004 |
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Investments in the Phil. |
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NET UNCLASSIFIED ITEMS |
2281 |
-1644 |
637 |
36 |
-896 |
-275 |
-1799 |
-1592 |
-2082 |
-1889 |
-1310 |
-2002 |
-1718 |
-3642 |
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OVERALL BOP POSITION |
3591 |
-509 |
-202 |
810 |
115 |
-280 |
2410 |
3769 |
8557 |
89 |
6421 |
14308 |
11400 |
9236 |
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OVERALL BOP POSITION |
3591 |
-509 |
-202 |
810 |
115 |
-280 |
2410 |
3769 |
8557 |
89 |
6421 |
14308 |
11400 |
9236 |
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(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 |
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(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 |
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Debit: Change in Reserve Assets |
3955 |
-90 |
471 |
-253 |
-355 |
-1637 |
1621 |
2934 |
8550 |
1597 |
4911 |
14307 |
11399 |
9235 |
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Credit: Change in Reserve Liabilities |
364 |
419 |
673 |
-1063 |
-470 |
-1357 |
-789 |
-835 |
-7 |
1508 |
-1510 |
-1 |
-1 |
-1 |
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Use of Fund Credits |
289 |
304 |
-8 |
-407 |
-608 |
-471 |
-321 |
-402 |
0 |
0 |
0 |
0 |
0 |
0 |
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Short-term |
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75 |
115 |
681 |
-656 |
138 |
-886 |
-468 |
-433 |
-7 |
1508 |
-1510 |
-1 |
-1 |
-1 |
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Memo Items: |
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Change in Banks' Net Foreign Assets (NFA) |
-1699 |
1205 |
-352 |
-625 |
-606 |
-179 |
-1531 |
-4368 |
-1025 |
3005 |
-3752 |
5059 |
5114 |
3896 |
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OF Cash Remittances |
6021 |
6050 |
7720 |
8608 |
9094 |
10260 |
12292 |
14037 |
14956 |
17004 |
17955 |
19420 |
20821 |
22140 |
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of which channeled thru the banking system |
* |
* |
6031 |
6886 |
7578 |
8550 |
10689 |
12761 |
14450 |
16428 |
17348 |
18763 |
20117 |
21393 |
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Basic Balance |
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-719 |
160 |
-1598 |
485 |
231 |
1151 |
3207 |
5513 |
8852 |
3334 |
12038 |
11616 |
9218 |
7444 |
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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 |
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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. |
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*
- For 1999 and 2000, there is
no differentiation between total OFW cash remittances and remittances
chanelled through the banking system.
This period represents |
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the
transition years of the revised foreign exchange monitoring report form (FX
Form 1). |
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1/ -
Valuation adjustments include: |
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a.) adjustments to NSO's raw
material imports for electronics exports' for the 1999 - 2001 and 2006-2012
series |
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b.) adjustments to NSO's raw
material imports for garments for the 1999 - 2012 series. |
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Technical Notes: |
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1. Balances in the current and capital and
financial accounts excluding reserves are derived by deducting debit entries
from credit entries. |
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2. Overall BOP position is determined by
deducting change in reserve liabilities from change in reserve assets. |
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3. Net unclassifed items is an offsetting
account to the overstatement or understatement in either receipts or payments
of the recorded BOP components |
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vis-à-vis the overall BOP position. |
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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 |
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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. |
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Offshore banking units were reclassified to
Banks from Other Sectors beginning 2011 data. |
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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 |
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following formula: Overall BOP position less
(Net portfolio investments + net short-term liabilities) less errors and
omissions. In the old BOP series, all
transactions |
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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, |
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short-term financial transactions of KBs are
now excluded from the basic balance. |
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2 |
GOODS |
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in million U.S. dollars |
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1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
2012 |
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GOODS |
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|
|
-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. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|