SDDS:  External Debt 1/              
In Million USD              
               
  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
  Dec-2011 Dec-2012 Dec-2013 Dec-2014 Dec-2015 Sep-2016 Dec-2016
1.  General Government 36,117 35,337 31,755 31,448 30,812 31,898 30,546
a.  Short-term  
1.  Bonds and notes  
b.  Long-term 36,117 35,337 31,755 31,448 30,812 31,898 30,546
1.  Bonds and notes 16,341 16,605 15,890 16,220 14,611 14,490 14,215
2.  Trade credits  
3.  Loans 19,776 18,733 15,865 15,228 16,201 17,408 16,331
2.  Monetary Authorities 1,465 1,451 1,455 1,387 1,337 1,346 1,292
a.  Short-term  
1.  Loans  
2.  Deposits  
b.  Long-term 1,465 1,451 1,455 1,387 1,337 1,346 1,292
1.  Bonds and notes 173 159 167 173 172 174 171
2.  Loans  
3.  Deposits  
4.  Use of IMF credits  
5.  Other debt liabilities 2/ 1,293 1,292 1,288 1,214 1,165 1,172 1,121
3.  Banks 13,085 17,163 17,286 17,195 17,525 16,556 17,745
a.  Short-term 8,973 13,146 13,663 13,171 12,291 11,364 12,252
1.  Loans 7,787 12,187 11,749 11,124 10,948 9,478 10,566
2.  Deposits 1,187 959 1,914 2,047 1,342 1,886 1,686
b.  Long-term 4,112 4,017 3,623 4,025 5,234 5,192 5,493
1.  Bonds and notes 3/ 797 1,202 1,159 1,109 1,468 1,343 1,598
2.  Loans 3,219 2,785 2,436 2,868 3,594 3,687 3,743
3.  Deposits 95 31 28 48 172 162 152
4.  Other Sectors 23,050 24,165 24,476 23,932 24,073 22,486 21,013
a.  Short-term 3,077 3,306 3,246 3,077 2,808 2,724 2,275
1.  Bonds and notes  
2.  Trade credits 2,674 2,898 2,680 2,362 2,098 2,370 1,967
3.  Loans 403 408 566 715 710 354 308
b.  Long-term 19,973 20,859 21,230 20,854 21,265 19,762 18,739
1.  Bonds and notes 6,773 7,224 7,452 7,505 6,738 6,406 5,945
2.  Trade credits 876 1,057 1,028 1,010 684 168 148
3.  Loans 12,324 12,578 12,750 12,339 13,843 13,188 12,646
5.  Direct investment:  Intercompany lending 1,852 1,833 3,516 3,711 3,727 4,336 4,166
1.  Loans 1,852 1,833 3,516 3,711 3,727 4,336 4,166
Total 75,569 79,949 78,489 77,674 77,474 76,622 74,763
               
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"               5,272               8,077               5,790                5,329                3,550               2,931               3,123
   
(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"               8,958             10,203             13,112             13,714             14,306             13,587             13,139
   
(c) Private sector obligations under capital lease agreements which are included in
"Item 4. Other Sectors"
                  897               1,332               1,081                1,015                1,390               1,346               1,306
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              
3/15/2017