SDDS:  External Debt 1/                
In Million USD                
   
  Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/ Outstanding 1/
  as of End as of End as of End as of End as of End as of End as of End as of End
  Dec-2009 Dec-2010 Dec-2011 Dec-2012 Dec-2013 Dec-2014 Dec-2015 Mar-2016
1.  General Government 32,190 35,688 36,117 35,337 31,755 31,448 30,812 31,771
a.  Short-term  
1.  Bonds and notes  
b.  Long-term 32,190 35,688 36,117 35,337 31,755 31,448 30,812 31,771
1.  Bonds and notes 14,194 16,606 16,341 16,605 15,890 16,220 14,611 14,673
2.  Trade credits  
3.  Loans 17,996 19,083 19,776 18,733 15,865 15,228 16,201 17,098
2.  Monetary Authorities 1,515 1,459 1,465 1,451 1,455 1,387 1,337 1,351
a.  Short-term  
1.  Loans  
2.  Deposits  
b.  Long-term 1,515 1,459 1,465 1,451 1,455 1,387 1,337 1,351
1.  Bonds and notes 201 175 173 159 167 173 172 172
2.  Loans  
3.  Deposits  
4.  Use of IMF credits  
5.  Other debt liabilities 2/ 1,313 1,285 1,293 1,292 1,288 1,214 1,165 1,179
3.  Banks 7,673 11,001 13,085 17,163 17,286 17,195 17,525 16,392
a.  Short-term 4,271 7,369 8,973 13,146 13,663 13,171 12,291 11,242
1.  Loans 3,377 6,253 7,787 12,187 11,749 11,124 10,948 9,804
2.  Deposits 894 1,116 1,187 959 1,914 2,047 1,342 1,438
b.  Long-term 3,402 3,632 4,112 4,017 3,623 4,025 5,234 5,150
1.  Bonds and notes 3/ 429 556 797 1,202 1,159 1,109 1,468 1,417
2.  Loans 2,883 3,000 3,219 2,785 2,436 2,868 3,594 3,553
3.  Deposits 90 75 95 31 28 48 172 180
4.  Other Sectors 21,389 23,636 23,050 24,165 24,476 23,932 24,073 23,839
a.  Short-term 2,219 3,143 3,077 3,306 3,246 3,077 2,808 3,061
1.  Bonds and notes  
2.  Trade credits 1,771 2,817 2,674 2,898 2,680 2,362 2,098 2,356
3.  Loans 448 326 403 408 566 715 710 706
b.  Long-term 19,170 20,494 19,973 20,859 21,230 20,854 21,265 20,777
1.  Bonds and notes 6,371 6,614 6,773 7,224 7,452 7,505 6,738 6,554
2.  Trade credits 667 785 876 1,057 1,028 1,010 684 687
3.  Loans 12,132 13,095 12,324 12,578 12,750 12,339 13,843 13,537
5.  Direct investment:  Intercompany lending 1,972 1,809 1,852 1,833 3,516 3,711 3,727 4,287
1.  Loans 1,972 1,809 1,852 1,833 3,516 3,711 3,727 4,287
Total 64,738 73,594 75,569 79,949 78,489 77,674 77,474 77,640
                 
1/  Data were revised to reflect the new reporting framework approved on 17 July 2014 in line with international standards based on the latest External Debt Statistics Guide (2014) and IMF's BOP and IIP Manual, 6th Edition (2009);                 
Inclusions:  
(a) Gross "Due to Head Office/Branches Abroad" (DTHOBA) accounts of branches and offshore banking units of foreign banks operating in the Philippines which are considered by BSP as quasi-equity are included in  "Item 3. Banks"               2,533               4,268               5,272               8,077               5,790                5,329                3,550               4,211
(b) Private sector loans without BSP approval/registration which cannot be serviced using foreign exchange from the banking system are included in "Item 4. Other Sectors"               6,326               8,314               8,958             10,203             13,112             13,714              14,306             14,522
(c) Private sector obligations under capital lease agreements which are included in
"Item 4. Other Sectors"
              1,024                   964                   897               1,332               1,081                1,015                1,390               1,310
2/  Includes accumulated SDR allocations from the IMF, in line with BPM6  
3/  Includes outstanding Hybrid Tier 1 capital of banks              
Source:  International Operations Department
6/15/2016