	SELECTED EXTERNAL DEBT RATIOS
	for periods indicated
	in million US dollars

																Jan-Oct ^p/
		I t e m	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010		2010		2011


	I.	Debt Service Burden (DSB) ¹

		Total	6583	6268	6536	7765	7951	7220	7628	8097	7687	7371	6950	7287		6195		6113
		Principal	3820	3092	3627	5179	5428	4852	4908	4841	4132	4139	4321	4771		4021		3895
		Interest	2763	3176	2909	2586	2523	2368	2720	3256	3555	3232	2629	2516		2174		2218

	II.	Export Shipments	34243	37347	31313	34403	35339	38794	40263	46526	49512	48253	37610	50748		42529		40593

	III.	Exports of Goods, and Receipts	44975	48347	41537	45455	47079	52261	56520	67361	76049	76279	67099	84836		70686		71088
		from Services & Income ²

	IV.	Current Account Receipts	46403	49969	45057	49085	50684	55982	60436	70869	79202	79723	71246	88633		73812		74395

	V.	Gross National Income (GNI)	94451	94965	90091	96489	102778	112511	129804	153624	187095	219815	223617	265931		191497	^a/	214666	^{a/ r/}

	VI.	Gross Domestic Product (GDP)	82995	81023	76262	81358	83908	91371	103072	122211	149360	173603	168485	199591		141962	^a/	161830	^{a/ r/}

	VII.	External Debt (End-of-Period)

		Total	51157	51358	52047	53802	57567	55027	54353	53897	55470	54328	54856	60048		59771	^b/	62431	^b/
		Public	34518	34288	33542	35692	39671	38076	36669	37381	37987	40636	43234	46197		46389	^b/	47878	^b/
		Private	16639	17070	18504	18110	17897	16951	17684	16516	17483	13692	11621	13851		13382	^b/	14552	^b/

	VIII.	Gross International Reserves	15064	15063	15692	16365	17063	16228	18494	22967	33751	37551	44243	62373		57154		75832
		(End-of-Period)

	IX.	Ratios (%)

	1.	DSB to Export Shipments	19.22	16.78	20.87	22.57	22.50	18.61	18.95	17.40	15.53	15.28	18.48	14.36		14.57		15.06
	2.	DSB to Exports of Goods, and	14.64	12.96	15.74	17.08	16.89	13.82	13.50	12.02	10.11	9.66	10.36	8.59		8.76		8.60
		Receipts from Services & Income
	3.	DSB to Current Account Receipts	14.19	12.54	14.51	15.82	15.69	12.90	12.62	11.43	9.71	9.25	9.75	8.22		8.39		8.22
	4.	DSB to GNI	6.97	6.60	7.25	8.05	7.74	6.42	5.88	5.27	4.11	3.35	3.11	2.74		3.07	^a/	2.65	^{a/ r/}
	5.	DSB to GDP	7.93	7.74	8.57	9.54	9.48	7.90	7.40	6.63	5.15	4.25	4.12	3.65		4.14	^a/	1.26	^{a/ r/}
	6.	External Debt to GNI	54.16	54.08	57.77	55.76	56.01	48.91	41.87	35.08	29.65	24.72	24.53	22.58		23.42	^{b/ c/}	21.57	^{b/ c/ r/}
	7.	External Debt to GDP	61.64	63.39	68.25	66.13	68.61	60.22	52.73	44.10	37.14	31.29	32.56	30.09		31.28	^{b/ c/}	28.40	^{b/ c/ r/}
		Public	41.59	42.32	43.98	43.87	47.28	41.67	35.58	30.59	25.43	23.41	25.66	23.15		24.28	^{b/ c/}	21.78	^{b/ c/ r/}
		Private	20.05	21.07	24.26	22.26	21.33	18.55	17.16	13.51	11.71	7.89	6.90	6.94		7.00	^{b/ c/}	6.62	^{b/ c/ r/}
	8.	Gross International Reserves to	228.83	240.32	240.09	210.75	214.60	224.76	242.45	283.65	439.07	509.44	636.59	855.95		922.58		1240.50
		Debt Service Burden


	¹	Debt service burden represents principal and interest payments after rescheduling. In accordance with internationally-accepted concept consists of:
		- Principal and interest payments on fixed MLT credits including IMF credits, loans covered by the Paris Club and commercial banks rescheduling, and New Money Facilities.
		- Interest payments on fixed and revolving short-term liabilities of banks and non-banks
		but excludes the following:
		- Prepayments on future years' maturities of foreign loans
		- Principal payments on fixed and revolving ST liabilities of banks and non-banks
	²	Starting 1999, income includes cash remittances of overseas Filipinos that were coursed through and reported by commercial banks which are reflected under the income account and
		workers' remittances of Current Transfers account.
	^p/	Preliminary
	^a/	Data for the first three quarters
	^b/	Data as of end-September
	^c/	For comparability with annual figures, GNI and GDP numbers used are based on the sum of the 1st to third quarter data of the current year and 4th quarter of the preceding year.
	^r/	Revised to reflect latest data updates