SDDS:  External Debt 1/                      
In Million USD                      
   
  Outstanding 1/ Outstanding 1/ Outstanding 1/ 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 as of End as of End as of End
  Dec-2005 Dec-2006 Dec-2007 Dec-2008 Dec-2009 Dec-2010 Dec-2011 Dec-2012 Dec-2013 Sep-2014 Dec-2014
1.  General Government 25,713 27,222 28,430 29,630 32,190 35,688 36,117 35,337 31,755 32,499 31,448
a.  Short-term  
1.  Bonds and notes  
b.  Long-term 25,713 27,222 28,430 29,630 32,190 35,688 36,117 35,337 31,755 32,499 31,448
1.  Bonds and notes 11,899 13,203 13,397 12,505 14,194 16,606 16,341 16,605 15,890 16,675 16,220
2.  Trade credits 4 1 0  
3.  Loans 13,810 14,018 15,033 17,125 17,996 19,083 19,776 18,733 15,865 15,823 15,228
2.  Monetary Authorities 2,033 615 520 1,985 1,515 1,459 1,465 1,451 1,455 1,419 1,387
a.  Short-term 416 1,500  
1.  Loans 375 1,500  
2.  Deposits 41  
b.  Long-term 1,618 615 520 485 1,515 1,459 1,465 1,451 1,455 1,419 1,387
1.  Bonds and notes 289 248 337 305 201 175 173 159 167 172 173
2.  Loans 771 192  
3.  Deposits  
4.  Use of IMF credits 390  
5.  Other debt liabilities 2/ 167 175 183 180 1,313 1,285 1,293 1,292 1,288 1,246 1,214
3.  Banks 12,261 12,463 13,168 9,605 7,673 11,001 13,085 17,163 17,286 14,877 17,195
a.  Short-term 7,281 5,706 7,348 6,117 4,271 7,369 8,973 13,146 13,663 10,631 13,171
1.  Loans 6,766 5,177 6,381 5,032 3,377 6,253 7,787 12,187 11,749 8,812 11,124
2.  Deposits 514 529 967 1,085 894 1,116 1,187 959 1,914 1,818 2,047
b.  Long-term 4,981 6,757 5,820 3,489 3,402 3,632 4,112 4,017 3,623 4,247 4,025
1.  Bonds and notes 3/ 632 1,086 889 451 429 556 797 1,202 1,159 1,118 1,109
2.  Loans 3,880 5,169 4,366 3,038 2,883 3,000 3,219 2,785 2,436 2,950 2,868
3.  Deposits 469 502 565 90 75 95 31 28 178 48
4.  Other Sectors 19,747 19,274 21,989 21,857 21,389 23,636 23,050 24,165 24,476 24,613 23,932
a.  Short-term 1,582 1,812 2,456 2,255 2,219 3,143 3,077 3,306 3,246 3,592 3,077
1.  Bonds and notes  
2.  Trade credits 1,188 1,551 2,153 1,746 1,771 2,817 2,674 2,898 2,680 3,145 2,362
3.  Loans 394 262 303 509 448 326 403 408 566 447 715
b.  Long-term 18,165 17,461 19,533 19,603 19,170 20,494 19,973 20,859 21,230 21,021 20,854
1.  Bonds and notes 5,819 5,905 5,885 5,740 6,371 6,614 6,773 7,224 7,452 7,630 7,505
2.  Trade credits 525 484 162 658 667 785 876 1,057 1,028 1,007 1,010
3.  Loans 11,820 11,072 13,486 13,205 12,132 13,095 12,324 12,578 12,750 12,384 12,339
5.  Direct investment:  Intercompany lending 1,800 1,799 2,401 2,150 1,972 1,809 1,852 1,833 3,516 3,687 3,711
1.  Loans 1,800 1,799 2,401 2,150 1,972 1,809 1,852 1,833 3,516 3,687 3,711
Total 61,555 61,372 66,508 65,228 64,738 73,594 75,569 79,949 78,489 77,094 77,674
                       
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" 3,042 2,674 2,812 2,989                 2,533                 4,268                 5,272                 8,077                 5,790                 4,872                 5,329
(b) Private sector loans of without BSP approval/registration which cannot be serviced using foreign exchange from the banking system are included in "Item 4. Other Sectors" 3,313 3,865 7,237 6,846                 6,326                 8,314                 8,958               10,203               13,112               13,463               13,714
(c) Private sector obligations under capital lease agreements which are included in
"Item 4. Other Sectors"
847 936 989 1,065                 1,024                    964                    897                 1,332                 1,081                 1,029                 1,015
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