SDDS:  External Debt 1/
In Million USD
   
  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
  Dec-2007 Dec-2008 Dec-2009 Dec-2010 Dec-2011 Dec-2012
1.  General Government 28,430 29,630 32,190 35,688 36,117 35,337
a.  Short-term  
1.  Bonds and notes  
b.  Long-term 28,430 29,630 32,190 35,688 36,117 35,337
1.  Bonds and notes 13,397 12,505 14,194 16,606 16,341 16,605
2.  Trade credits 0  
3.  Loans 15,033 17,125 17,996 19,083 19,776 18,733
2.  Monetary Authorities 520 1,985 1,515 1,459 1,465 1,451
a.  Short-term 1,500  
1.  Loans 1,500  
2.  Deposits  
b.  Long-term 520 485 1,515 1,459 1,465 1,451
1.  Bonds and notes 337 305 201 175 173 159
2.  Loans  
3.  Deposits  
4.  Use of IMF credits  
5.  Other debt liabilities 2/ 183 180 1,313 1,285 1,293 1,292
3.  Banks 10,356 6,617 5,132 6,727 7,810 9,087
a.  Short-term 4,627 3,246 1,783 3,153 3,936 5,177
1.  Loans 3,660 2,161 889 2,037 2,749 4,218
2.  Deposits 967 1,085 894 1,116 1,187 959
b.  Long-term 5,729 3,371 3,349 3,574 3,874 3,910
1.  Bonds and notes 3/ 889 451 429 556 797 1,202
2.  Loans 4,275 2,920 2,830 2,943 2,982 2,677
3.  Deposits 565 90 75 95 31
4.  Other Sectors 14,593 14,287 14,352 14,667 13,706 13,213
a.  Short-term 2,456 2,255 2,219 3,143 3,077 3,306
1.  Bonds and notes  
2.  Trade credits 2,153 1,746 1,771 2,817 2,674 2,898
3.  Loans 303 509 448 326 403 408
b.  Long-term 12,137 12,032 12,133 11,524 10,629 9,907
1.  Bonds and notes 4,288 4,350 4,944 4,525 3,987 3,894
2.  Trade credits 160 123 119 101 95 109
3.  Loans 7,689 7,559 7,069 6,898 6,547 5,904
5.  Direct investment:  Intercompany lending 1,571 1,809 1,667 1,506 1,343 1,250
1.  Loans 1,571 1,809 1,667 1,506 1,343 1,250
Total 55,470 54,328 54,856 60,048 60,442 60,337
             
1/  Excludes the following monitored private sector accounts:  
(a) Gross "Due to Head Office/Branches Abroad" of branches and offshore banking units of foreign banks operating in the Philippines, which are treated as quasi-equity in view of nil and/or token amounts of permanently assigned capital required of these banks, are excluded from  "Item 3. Banks" 2,812 2,989               2,533               4,268               5,272               8,077
(b) Private sector loans of non-banks obtained without BSP approval/registration which can not be serviced using the foreign exchange resources of the Philippine banking system are excluded from
"Item 4. Other Sectors"
7,237 6,846               6,907               9,334             10,390             11,171
(c) Long-term obligations under capital lease agreements which are excluded from
"Item 4. Other Sectors"
1,045 996               1,038                   995                   818               1,214
2/  Includes accumulated SDR allocations from the IMF, in line with BPM6  
3/  Includes outstanding Hybrid Tier 1 capital of banks  
Effective March 31, 2004, Philippine external debt statistics have been revised to reclassify    
Offshore Banking Units in the Philippines as residents for statistical purposes.  
Source:  International Operations Department  
3/19/2013