48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
                                                 
     I.  Real Sector  
         A.  Real GDP Growth Rate  2014 6.1 6.0 5.0 1.0 4.1 7.0 3.3 4.0 7.3 6.0  
                    (in percent) 2015 6.1 5.1 4.9 3.1 2.5 7.5 2.8 0.8 6.9 6.7  
  2016 6.9 4.2 5.0 3.4 2.8 8.7 2.9 1.5 6.7 6.2  
  2017 6.7 5.9 5.1 4.0 3.9 6.9 3.1 3.1 6.8 6.8  
  Q1 6.4 r 5.6 5.0 3.5 3.8 7.0 2.9 2.9 6.8 5.2  
  Q2 6.6 5.8 5.0 4.2 3.1 6.0 2.8 2.5 6.8 6.3  
  Q3 7.2 6.2 5.1 4.5 5.1 6.8 3.8 3.4 6.7 7.5  
  Q4 6.6 r 5.9 5.2 3.9 3.7 7.7 2.8 3.5 6.7 7.7  
   
  2018 6.2 4.7 5.2 4.1 3.2 7.4 1.5 2.6 6.6 7.1  
  Q1 6.5 r 5.4 5.1 5.0 4.7 8.1 2.8 3.2 6.8 7.5  
  Q2 6.2 4.5 5.3 4.7 4.2 8.0 2.1 3.3 6.7 6.7  
  Q3 6.0 4.4 5.2 3.2 2.4 7.0 1.9 2.4 6.5 6.8  
  Q4 6.3 r 4.7 5.2 3.7 1.9 6.6 -0.9 1.8 6.4 7.3  
   
        B.  Nominal GDP Growth Rate  2014 9.5 8.6 10.7 2.4 3.9 7.0 4.0 5.8 8.1 9.9  
                    (in percent) 2015 5.4 4.7 9.1 3.9 6.1 7.5 5.3 4.1 7.0 6.5  
  2016 8.7 6.3 7.6 5.9 3.9 8.7 5.0 2.4 7.9 7.4  
  2017 9.2 9.9 9.5 6.2 6.3 6.9 5.4 1.9 10.9 11.2  
  Q1 9.1 r 11.6 10.2 6.4 8.7 7.0 4.5 1.1 11.5 9.6  
  Q2 9.2 10.3 9.5 5.6 5.4 6.0 5.0 0.8 10.7 9.5  
  Q3 9.7 r 9.9 9.3 6.3 5.2 6.8 7.5 3.2 10.8 9.9  
  Q4 8.7 r 8.2 9.2 6.3 6.1 7.7 4.6 2.4 10.7 14.5  
   
  2018 10.2 5.6 9.2 5.6 4.8 7.4 3.0 1.6 9.7 10.6  
  Q1 9.8 r 5.7 8.8 5.8 3.9 8.1 3.5 1.6 10.3 10.3  
  Q2 10.0 r 5.8 9.5 6.5 6.5 8.0 3.5 3.6 10.1 10.2  
  Q3 10.6 5.9 9.7 5.1 6.0 7.0 2.1 0.5 9.4 11.2  
  Q4 10.5 r 5.2 8.8 5.0 2.8 6.6 3.0 0.7 9.1 10.4  
   
        C.  Inflation Rates 1 2014 3.6 3.1 6.4 1.9 1.0 6.7 1.3 1.2 2.0 4.1  
               (in percent) 2015 0.7 2.1 6.4 -0.9 -0.5 4.9 0.7 -0.3 1.4 0.6  
  2016 1.3 2.1 3.5 0.2 -0.5 5.0 1.0 1.4 2.0 2.7  
  2017 2.9 3.8 3.8 0.7 0.5 3.3 1.9 0.6 1.6 3.5  
  2018 5.2 1.0 3.2 1.1 0.4 4.0 1.5 1.4 2.1 3.5  
  Q1 3.8 1.8 3.3 0.6 0.2 4.6 1.3 1.6 2.2 2.8  
  Q2 4.8 1.3 3.3 1.3 0.2 4.8 1.5 1.7 1.8 3.8  
  Q3 6.2 0.5 3.1 1.5 0.7 3.9 1.6 1.7 2.3 4.1  
  Q4 6.0 0.6 3.2 0.8 0.5 2.6 1.7 0.5 2.2 3.4  
   
  2019 Q1 3.8 -0.5 a 2.6 0.7 0.4 a 2.3 a 0.5 0.2 a 1.6 2.6  
   
        D.  Unemployment rate 2014 6.6 2.3 5.8 0.8 2.0 - 3.6 4.0 4.1 2.1  
                   (in percent) 2015 6.3 3.1 5.8 0.9 1.9 - 3.6 3.8 4.1 2.3  
  2016 5.5 3.5 5.6 1.0 2.1 - 3.7 3.9 4.0 2.3  
  2017 5.7 3.4 - 1.2 2.2 - 3.7 3.8 3.9 2.2  
  2018 5.3 - - 1.1 2.1 - 3.9 3.7 3.8 2.2  
  Q1 5.3 3.3 - 1.3 2.0 - 3.7 3.7 3.9 2.2  
  Q2 5.5 3.3 - 1.1 2.1 - 3.8 3.7 3.8 2.2  
  Q3 5.4 3.4 - 1.0 2.1 - 4.0 3.8 3.8 2.2  
  Q4 5.1 - - 1.0 2.2 - 3.8 3.7 3.8 2.2  
   
  2019 Q1 5.2 - - 0.9 - - 4.1 a 3.6 b - 2.2  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
    II.  External Transactions 2  
        A.  Trade  (in million US dollars) 2014 62,102 234,085 176,294 227,462 415,378 322,480 572,665 320,092 2,343,220 150,217  
              1.  Exports 2015 58,827 199,872 150,393 214,310 357,906 267,791 526,757 285,344 2,282,461 162,017  
  2016 57,406 189,414 144,490 215,388 338,084 264,424 495,426 280,321 2,136,595 176,581  
  2017 68,713 217,839 168,828 236,635 373,241 299,153 573,694 317,249 2,280,358 215,119  
  Q1 16,756 50,517 40,732 56,427 88,850 76,385 132,061 72,080 483,432 44,888  
  Q2 17,279 52,261 39,265 56,965 91,019 71,539 147,043 75,613 567,593 53,326  
  Q3 17,798 56,131 43,379 62,065 94,270 74,215 151,051 83,711 591,175 56,810  
  Q4 16,880 58,929 45,452 61,178 99,102 77,014 143,539 85,845 638,158 60,094  
   
  2018 67,488 p 247,409 180,215 252,486 411,760 324,675 604,860 335,909 2,501,335 243,154  
  Q1 15,841 p 60,547 44,273 62,829 97,564 80,605 145,055 79,704 546,229 55,902  
  Q2 17,053 p 62,044 43,721 62,982 103,874 81,888 151,617 84,063 629,502 58,412  
  Q3 18,066 p 61,309 47,088 63,918 105,721 81,379 153,641 86,252 659,626 64,926  
  Q4 16,529 p 63,510 45,133 62,376 104,601 80,802 154,547 85,889 665,978 63,913  
   
  (Growth rates in percent) 2014 9.5 2.5 -3.4 -0.5 -1.1 2.4 2.3 2.8 6.0 13.8  
  2015 -5.3 -14.6 -14.7 -5.8 -13.8 -17.0 -8.0 -10.9 -2.6 7.9  
  2016 -2.4 -5.2 -3.9 0.5 -5.5 -1.3 -5.9 -1.8 -6.4 9.0  
  2017 19.7 15.0 16.8 9.9 10.4 13.1 15.8 13.2 6.7 21.8  
  Q1 25.5 14.5 21.2 4.8 15.9 17.6 14.6 15.0 4.2 15.7  
  Q2 23.5 11.7 9.2 10.7 5.7 8.5 16.7 10.2 6.3 22.7  
  Q3 17.2 16.4 24.5 12.3 9.5 12.3 24.0 17.4 6.0 22.7  
  Q4 13.4 17.2 13.4 11.6 11.1 14.1 8.4 10.4 9.9 25.1  
   
  2018 -1.8 p 13.6 6.7 6.7 10.3 8.5 5.4 5.9 9.7 13.0  
  Q1 -5.5 p 19.9 8.7 11.7 9.8 5.5 9.8 10.6 13.0 24.5  
  Q2 -1.3 p 18.7 11.3 10.9 14.1 14.5 3.1 11.2 10.9 9.5  
  Q3 1.5 p 9.2 8.5 3.0 12.1 9.7 1.7 3.0 11.6 14.3  
  Q4 -2.1 p 7.8 -0.7 2.0 5.5 4.9 7.7 0.1 4.4 6.4  
   
             2.  Imports 2014 65,398 208,681 178,178 227,749 377,915 462,920 525,515 281,850 1,963,105 147,849  
  2015 71,067 175,903 142,695 202,653 308,098 393,831 436,499 237,219 1,680,808 165,570  
  2016 84,108 168,392 135,692 194,198 291,910 361,497 406,193 230,568 1,589,460 174,804  
  2017 96,093 195,149 156,986 221,519 327,693 449,794 478,478 259,266 1,842,345 213,007  
  Q1 22,859 46,274 36,616 52,088 77,502 106,456 116,428 61,245 417,320 46,998  
  Q2 22,925 46,705 35,715 53,751 79,099 114,168 117,798 63,535 446,014 54,086  
  Q3 23,592 49,877 40,187 56,378 81,804 108,248 120,853 65,920 473,925 54,058  
  Q4 26,717 52,294 44,467 59,302 89,288 120,922 123,399 68,566 505,086 57,865  
   
  2018 108,928 p 217,505 188,711 249,232 370,504 513,698 535,202 286,333 2,133,146 236,321  
  Q1 24,426 p 52,036 43,959 60,712 85,569 121,374 132,425 67,952 497,111 53,216  
  Q2 27,411 p 55,145 45,093 61,215 91,697 128,669 133,153 70,250 534,728 57,552  
  Q3 28,828 p 55,179 49,725 64,535 95,203 132,945 130,311 74,966 571,997 61,751  
  Q4 28,263 p 55,149 49,934 62,769 98,035 130,710 139,314 73,165 529,309 63,802  
   
  (Growth rates in percent) 2014 4.8 1.3 -4.5 -9.1 -2.6 -0.9 1.9 1.4 0.7 12.0  
  2015 8.7 -15.7 -19.9 -11.0 -18.5 -14.9 -16.9 -15.8 -14.4 12.0  
  2016 18.3 -4.3 -4.9 -4.2 -5.3 -8.2 -6.9 -2.8 -5.4 5.6  
  2017 14.2 15.9 15.7 14.1 12.3 24.4 17.8 12.4 15.9 21.9  
  Q1 19.3 20.6 13.7 14.1 14.5 27.3 24.1 21.5 23.3 25.4  
  Q2 8.3 10.4 5.6 14.3 8.3 34.5 18.6 11.9 14.2 24.4  
  Q3 8.7 13.9 22.9 13.8 12.7 19.7 17.9 11.3 14.6 21.3  
  Q4 21.1 19.1 20.3 14.1 13.6 17.9 11.6 6.9 13.0 17.4  
   
  2018 13.4 p 11.5 20.2 12.5 13.1 14.2 11.9 10.4 15.8 10.9  
  Q1 6.9 p 12.5 20.1 16.6 10.4 14.0 13.7 11.0 19.1 13.2  
  Q2 19.6 p 18.1 26.3 13.9 15.9 12.7 13.0 10.6 19.9 6.4  
  Q3 22.2 p 10.6 23.7 14.5 16.4 22.8 7.8 13.7 20.7 14.2  
  Q4 5.8 p 5.5 12.3 5.8 9.8 8.1 12.9 6.7 4.8 10.3  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
           3. Trade Balance 2014 -3,296 25,274 -1,884 -287 37,463 -140,440 47,150 38,242 96,243 2,368  
  2015 -12,240 6,100 7,699 11,657 49,808 -126,039 90,258 48,124 601,653 -3,554  
  2016 -26,702 21,022 8,797 21,190 46,174 -97,072 89,233 49,753 547,135 -210  
  2017 -27,380 22,689 11,843 15,116 45,548 -150,641 95,216 57,983 438,013 -1,555  
  Q1 -6,103 4,243 4,116 4,338 11,349 -30,072 15,633 10,835 66,112 -2,110  
  Q2 -5,647 5,557 3,550 3,214 11,921 -42,630 29,245 12,078 121,579 -760  
  Q3 -5,794 6,254 3,192 5,687 12,466 -34,033 30,198 17,790 117,250 2,752  
  Q4 -9,837 6,636 985 1,876 9,813 -43,906 20,139 17,279 133,072 2,229  
   
  2018 -41,440 p 29,900 -8,496 3,254 41,256 -189,023 69,657 49,576 368,190 6,833  
  Q1 -8,586 p 8,511 314 2,309 11,991 -40,768 12,629 11,752 49,118 2,686  
  Q2 -10,358 p 6,898 -1,372 1,955 12,176 -46,782 18,465 13,813 94,774 860  
  Q3 -10,762 p 6,130 -2,637 -617 10,517 -51,565 23,330 11,287 87,629 3,175  
  Q4 -11,734 p 8,360 -4,801 -392 6,567 -49,908 15,233 12,724 136,669 112  
   
                (As percent of GDP) 2014 -1.2 7.5 -0.2 -0.1 12.0 -7.0 3.3 7.2 0.9 1.3  
  2015 -4.2 2.1 0.9 2.9 16.3 -6.0 6.5 9.2 5.5 -1.8  
  2016 -8.8 7.1 0.9 5.1 14.6 -4.4 6.3 9.4 4.9 -0.1  
  2017 -8.7 7.2 1.2 3.3 13.5 -5.9 6.2 10.1 3.6 -0.7  
  Q1 -8.5 5.8 1.7 4.0 14.0 -4.9 4.4 7.8 2.5 -5.0  
  Q2 -7.1 7.3 1.4 2.9 14.7 -6.8 7.7 8.7 4.2 -1.5  
  Q3 -7.7 7.8 1.2 4.9 14.8 -5.2 7.7 12.1 3.7 4.9  
  Q4 -11.2 7.8 0.4 1.5 10.9 -6.6 5.0 11.4 3.8 3.0  
   
  2018 -12.5 p 8.4 -0.8 0.6 11.4 -7.0 4.3 8.4 2.7 2.8  
  Q1 -11.3 p 9.7 0.1 1.8 13.2 -5.7 3.2 7.9 1.6 6.0  
  Q2 -12.5 p 7.8 -0.5 1.6 13.5 -6.9 4.5 9.5 2.7 2.1  
  Q3 -13.6 p 6.9 -1.0 -0.5 11.9 -7.7 5.7 7.8 2.6 5.1  
  Q4 -12.6 p 9.3 -1.9 -0.3 7.2 -7.5 3.7 8.6 3.7 0.1  
   
      B.  Current Account   
            1.   Current Account Balance   2014 10,756 14,846 -27,510 15,224 56,029 -27,314 83,030 60,963 236,047 9,360  
      (in million US dollars) 2015 7,266 9,068 -17,519 32,111 51,970 -22,457 105,119 74,883 304,164 906  
  2016 -1,199 7,133 -16,952 48,208 55,752 -12,114 97,924 72,779 202,203 8,235  
  2017 -2,143 9,450 -16,196 50,211 53,906 -38,168 75,231 82,839 195,117 6,419  
  Q1 -867 1,076 -2,023 15,222 13,509 -2,554 15,981 18,176 21,382 -1,169  
  Q2 -242 2,025 -4,369 7,763 13,445 -14,966 14,455 17,337 56,639 270  
  Q3 1,437 3,004 -4,237 14,868 15,086 -6,944 25,945 21,708 45,900 4,300  
  Q4 -2,471 3,345 -5,567 12,359 11,867 -13,704 18,851 25,639 71,196 3,018  
   
  2018 -7,879 p 8,329 -31,060 35,159 63,941 -64,855 76,409 68,262 49,092 -  
  Q1 -335 p 3,816 -5,342 15,946 15,045 -13,047 11,653 19,662 -34,100 3,934  
  Q2 -3,507 p 990 -7,946 7,597 17,906 -15,851 17,248 16,350 5,329 4,300  
  Q3 -1,637 p 924 -8,625 4,506 18,047 -19,057 28,116 13,602 23,263 1,244  
  Q4 -2,400 p 2,599 -9,148 7,111 12,943 -16,900 19,392 18,648 54,599 -  
   
                         (As percent of GDP) 2014 3.8 4.4 -3.1 3.7 17.9 -1.4 5.9 11.5 2.3 5.0  
  2015 2.5 3.0 -2.0 8.0 17.0 -1.1 7.6 14.2 2.8 0.5  
  2016 -0.4 2.4 -1.8 11.7 17.6 -0.5 6.9 13.7 1.8 4.0  
  2017 -0.7 3.0 -1.6 11.0 16.0 -1.5 4.9 14.4 1.6 2.9  
  Q1 -1.2 1.5 -0.8 14.0 16.6 -0.4 4.5 13.1 0.8 -2.8  
  Q2 -0.3 2.7 -1.7 7.1 16.6 -2.4 3.8 12.5 2.0 0.5  
  Q3 1.9 3.7 -1.6 12.9 17.9 -1.1 6.6 14.8 1.5 7.6  
  Q4 -2.8 3.9 -2.2 10.1 13.1 -2.1 4.7 17.0 2.0 4.0  
   
  2018 -2.4 p 2.4 -3.0 7.0 17.7 -2.4 4.7 11.6 0.4 -  
  Q1 -0.4 p 4.4 -2.1 12.4 16.6 -1.8 3.0 13.1 -1.1 8.6  
  Q2 -4.2 p 1.1 -3.0 6.1 19.8 -2.3 4.2 11.2 0.2 7.8  
  Q3 -2.1 p 1.0 -3.3 3.7 20.3 -2.9 6.9 9.4 0.7 2.0  
  Q4 -2.6 p 2.9 -3.6 5.5 14.1 -2.5 4.8 12.5 1.5 -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
      C.  Financial Account   
            1.   Net Foreign Direct Investments Flows 3 2014 5,740 10,619 25,121 4,975 68,622 34,577 9,274 2,828 268,097 9,200  
      (in million US dollars) 2015 5,639 9,857 19,779 8,928 69,823 44,009 4,104 2,391 242,489 11,800  
  2016 8,280 13,470 4,542 2,810 73,701 44,459 12,104 9,261 174,750 12,600  
  2017 10,256 9,368 20,510 8,046 94,756 39,966 17,913 3,291 168,224 14,100  
  Q1 1,562 2,533 3,020 2,393 27,768 9,141 4,868 933 33,072 2,890  
  Q2 2,539 1,943 4,228 1,744 18,793 10,148 3,221 701 21,926 3,360  
  Q3 2,456 3,633 8,097 2,220 25,124 14,692 3,492 1,123 32,860 3,890  
  Q4 3,699 1,260 5,166 1,688 23,071 5,985 6,332 534 80,366 3,960  
   
  2018 9,802 p 8,572 20,171 13,248 81,855 42,245 14,479 6,998 - -  
  Q1 2,287 p 3,164 5,462 4,648 16,194 8,605 3,623 1,962 72,964 3,100  
  Q2 3,551 p 1,011 4,187 2,339 19,042 13,179 4,086 3,156 52,654 3,890  
  Q3 2,251 p 1,489 6,908 3,114 27,529 10,070 2,074 373 25,219 3,630  
  Q4 1,713 p 2,908 3,615 3,148 19,091 10,391 4,696 1,507 - -  
   
  (Growth rates in percent) 2014 53.6 -6.0 7.9 -68.8 6.6 22.8 -27.4 -21.4 -7.8 3.4  
  2015 -1.7 -7.2 -21.3 79.4 1.7 27.3 -55.7 -15.5 -9.6 28.3  
  2016 46.8 36.6 -77.0 -68.5 5.6 1.0 194.9 287.3 -27.9 6.8  
  2017 23.9 -30.4 351.6 186.3 28.6 -10.1 48.0 -64.5 -3.7 11.9  
  Q1 9.7 -29.9 -5.5 -31.9 89.8 -19.7 6046.6 29.0 -19.9 1.0  
  Q2 -13.8 -26.0 -7.0 29.4 -26.1 72.1 -29.7 38.3 -41.9 12.8  
  Q3 45.8 3.2 32.1 154.1 56.1 5.1 19.6 429.7 27.6 29.2  
  Q4 66.2 -66.1 155.4 -17.7 31.5 -54.6 40.0 -93.2 14.9 5.6  
   
  2018 -4.4 p -8.5 -1.7 64.7 -13.6 1.6 -19.2 112.6 - -  
  Q1 46.4 p 24.9 80.9 94.2 -41.7 -5.9 -25.6 110.3 120.6 7.3  
  Q2 39.8 p -48.0 -1.0 34.1 1.3 29.9 26.9 350.2 140.1 15.8  
  Q3 -8.3 p -59.0 -14.7 40.3 9.6 -31.5 -40.6 -66.8 -23.3 -6.7  
  Q4 -53.7 p 130.8 -30.0 86.5 -17.3 73.6 -25.8 182.2 - -  
   
            2.   Net Foreign Portfolio Investments Flows 4 2014 -3 -3,194 23,480 -4,695 2,677 37,740 9,208 13,055 101,292 93  
      (in million US dollars) 2015 -2,128 -4,473 17,451 -12,691 -4,805 9,487 10,021 -858 280,683 -65  
  2016 -264 374 16,777 1,481 4,142 -4,725 -3,770 2,643 50,499 48  
  2017 -796 1,155 24,255 9,401 14,330 30,638 17,473 3,885 116,818 1,889  
  Q1 -2,644 -5,258 7,555 2,318 4,731 10,799 14,990 8,044 6,792 709  
  Q2 585 4,682 8,349 1,490 4,019 12,452 7,459 4,264 13,795 443  
  Q3 114 -214 4,761 5,382 2,134 2,066 -6,250 -10,307 61,551 370  
  Q4 1,149 1,946 3,589 211 3,446 5,322 1,273 1,884 34,679 367  
   
  2018 3,366 p - 14,515 -3,933 -3,304 - 21,108 80,695 - -  
  Q1 -130 p 2,013 295 -882 -1,799 2,276 10,098 27,473 41,059 699  
  Q2 -578 p -9,425 1,356 -5,664 869 -8,145 7,852 21,882 65,250 370  
  Q3 1,546 p - 1,387 2,626 -886 -1,618 9,011 15,130 43,098 1,591  
  Q4 2,528 p - 11,476 -14 -1,488 - -5,852 16,210 - -  
   
  (Growth rates in percent) 2014 -100.9 -134.0 93.3 -243.2 239.6 450.3 -49.3 64.2 240.7 -93.3  
  2015 -62137.4 -40.1 -25.7 -170.3 -279.5 -74.9 8.8 -106.6 177.1 -169.9  
  2016 87.6 108.4 -3.9 111.7 186.2 -149.8 -137.6 408.0 -82.0 -173.8  
  2017 -201.9 209.0 44.6 534.6 245.9 748.4 563.5 47.0 131.3 3835.4  
  Q1 -176.1 -202.4 64.1 -10.1 206.6 802.1 454.1 100.6 135.8 1174.2  
  Q2 59.2 289.5 5.7 -455.8 128.1 492.0 264.4 126.2 -42.7 43.4  
  Q3 -74.0 68.4 2.9 -2.9 32.4 -65.9 -244.2 -459.3 128.5 2.5  
  Q4 1152.4 136.8 1112.1 -103.4 544.7 146.9 121.5 130.8 88.0 166.0  
   
  2018 522.7 p - -40.2 -141.8 -123.1 - 20.8 1977.1 - -  
  Q1 95.1 p -138.3 -96.1 -138.0 -138.0 -78.9 -32.6 241.5 504.5 -1.4  
  Q2 -198.8 p -301.3 -83.8 -480.1 -78.4 -165.4 5.3 413.2 373.0 -16.5  
  Q3 1262.2 p - -70.9 -51.2 -141.5 -178.3 244.2 246.8 -30.0 330.0  
  Q4 119.9 p - 219.8 -106.7 -143.2 - -559.6 760.4 - -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
      D.  Overall Balance of Payments 2014 -2,858 -2,477 15,249 -1,210 6,801 - 3,329 8,904 - 8,375  
    (in million US dollars) 2015 2,616 1,157 -1,098 5,859 1,126 - -2,274 6,984 - -6,032  
  2016 -1,038 7,174 12,089 12,845 -1,474 - 1,934 - - 8,390  
  2017 -863 10,631 11,586 25,957 4,734 - 9,221 - - 12,544  
  2018 -2,306 - -7,131 7,266 12,719 - -6,108 - - -  
  Q1 -1,227 5,872 -3,855 11,981 5,181 - 753 - - 7,275  
  Q2 -2,030 -8,880 -4,309 -4,344 5,833 - -5,471 - - 2,302  
  Q3 -1,879 - -4,386 327 4,548 - -1,370 - - 1,180  
  Q4 2,830 - 5,418 -697 -2,843 - -20 - - -  
   
  2019 Q1 3,170 a - - - - - 54 a - - -  
   
      E.  External Debt  5 2014 77.7 214.0 293.3 141.7 1346.8 458.2 424.3 177.9 895.5 72.4  
   Levels (in billion US dollars) 2015 77.5 195.1 310.7 131.1 1285.2 479.2 396.1 159.0 1416.2 77.8  
  2016 74.8 212.5 320.0 132.2 1351.9 455.9 382.2 172.2 1415.8 85.6  
  2017 Q1 73.8 202.0 329.4 137.0 1366.4 471.3 404.4 182.3 1433.0 -  
  Q2 72.5 204.6 336.8 142.0 1363.4 485.5 405.5 170.1 1557.9 -  
  Q3 72.4 208.3 344.6 151.7 1417.0 495.1 408.4 176.1 1675.1 -  
  Q4 73.1 217.9 352.5 155.2 1450.2 513.0 412.0 181.9 1758.0 104.1  
   
  2018 Q1 73.2 229.1 358.8 157.9 1517.8 529.7 427.0 192.3 1889.6 -  
  Q2 72.2 229.6 355.9 154.3 1548.4 514.4 433.3 199.1 1917.6 -  
  Q3 76.4 225.4 359.2 158.2 1470.7 510.4 441.7 202.6 1968.4 -  
  Q4 79.0 221.8 376.8 161.0 1488.0 521.2 440.6 191.2 1965.2 -  
   
               (As percent of GDP) 2014 27.3 63.3 32.9 34.8 429.9 22.9 30.0 33.5 8.6 38.9  
  2015 26.5 65.6 36.1 32.7 419.7 22.9 28.6 30.2 13.0 40.2  
  2016 24.5 71.6 34.3 32.0 427.1 20.5 27.0 32.4 12.7 41.7  
  2017 Q1 24.0 67.2 34.4 32.6 423.7 20.6 28.0 33.6 12.7 -  
  Q2 23.5 67.7 34.4 33.1 419.9 20.5 27.5 30.8 13.6 -  
  Q3 23.4 68.2 34.5 34.4 431.5 20.1 27.3 31.2 14.3 -  
  Q4 23.3 69.1 34.7 34.0 430.4 20.1 26.9 31.6 14.4 46.5  
   
  2018 Q1 23.0 69.5 34.8 33.2 438.2 20.0 27.2 32.8 14.9 -  
  Q2 22.4 67.2 34.1 31.4 435.7 19.0 27.0 33.6 14.5 -  
  Q3 23.5 64.4 34.4 31.7 408.5 18.8 27.3 34.2 14.6 -  
  Q4 23.9 62.6 36.2 31.9 412.1 19.2 27.2 32.4 14.5 -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
       F.  Gross International Reserves     2014 79,541 115,962 111,862 156,985 256,860 320,649 363,593 418,980 3,843,017 34,575  
    (in million US dollars) 2015 80,667 95,313 105,931 156,514 247,747 350,381 367,962 426,031 3,330,362 28,616  
  2016 80,692 94,514 116,362 171,853 246,575 358,898 371,102 434,204 3,010,517 36,906  
  2017 81,570 102,459 130,196 202,562 279,900 409,072 389,267 451,500 3,139,949 49,497  
  2018 Q1 80,511 107,831 126,003 215,615 287,149 424,545 396,754 457,188 3,142,820 56,696  
  Q2 77,525 104,667 119,839 206,791 288,044 406,058 400,299 457,123 3,112,129 -  
  Q3 74,939 103,038 114,848 204,457 291,326 400,525 403,000 460,441 3,087,025 -  
  Q4 79,193 101,500 120,654 205,641 287,673 395,591 403,694 461,784 3,072,712 -  
   
  2019 Q1 83,199 p 103,000 124,539 212,183 292,504 c 402,363 c 405,253 463,935 c 3,098,761 -  
   
       G.  Import Cover 6 2014 14.6 6.7 7.5 8.3 8.2 8.3 8.3 17.8 23.5 2.8  
         (Equivalent in months of goods)   2015 13.6 6.5 8.9 9.3 9.6 10.7 10.1 21.6 23.8 2.1  
  2016 11.5 6.7 10.3 10.6 10.1 11.9 11.0 22.6 22.7 2.6  
  2017 10.2 6.3 10.0 11.0 10.2 10.9 9.8 20.9 20.5 2.8  
  2018 Q1 9.9 6.4 9.2 11.2 10.3 11.0 9.6 20.6 19.6 3.1  
  Q2 9.1 6.0 8.3 10.4 9.9 10.2 9.4 20.1 18.6 -  
  Q3 8.4 5.8 7.5 10.0 9.7 9.6 9.3 19.6 17.6 -  
  Q4 8.7 5.6 7.7 9.9 9.3 9.3 9.1 19.4 17.3 -  
   
  2019 Q1 9.1 p 5.8 8.0 10.1 9.4 c 9.4 c 9.2 19.6 c 17.5 -  
   
      H.  Exchange Rate  2014 44.40 3.27 11868.67 32.47 1.27 61.02 1052.96 30.37 6.16 21147.67  
           Levels (local currency / US dollars) 2015 45.50 3.91 13389.41 34.24 1.37 64.10 1131.16 31.91 6.27 21676.96  
  2016 47.49 4.15 13308.71 35.28 1.38 67.17 1160.84 32.33 6.64 21932.41  
  2017 50.40 4.30 13380.80 33.92 1.38 65.10 1125.39 30.44 6.76 22369.71  
  2018 52.66 4.03 14237.76 32.30 1.35 68.40 1100.56 30.44 6.61 22601.86  
  Q1 51.45 3.92 13576.23 31.54 1.32 64.37 1072.82 29.32 6.35 22434.93  
  Q2 52.45 3.95 13970.55 31.92 1.33 66.99 1080.35 29.78 6.38 22552.72  
  Q3 53.55 4.09 14613.38 32.95 1.37 70.20 1121.40 30.68 6.81 22675.64  
  Q4 53.20 4.17 14790.89 32.81 1.37 72.04 1127.66 30.86 6.91 22744.14  
   
  2019 Q1 52.36 4.09 14136.45 31.61 1.35 70.46 1125.75 - 6.74 22902.81  
   
  (Growth rates in percent) 2014 4.6 3.9 13.5 5.7 1.3 4.3 -3.8 2.0 0.2 1.2  
  2015 2.5 19.3 12.8 5.5 8.5 5.1 7.4 5.1 1.9 2.5  
  2016 4.4 6.2 -0.6 3.0 0.5 4.8 2.6 1.3 5.8 1.2  
  2017 6.1 3.7 0.5 -3.8 0.0 -3.1 -2.6 -5.8 1.7 2.0  
  2018 4.5 -6.2 6.4 -4.7 -2.3 5.1 -2.6 -0.9 -2.1 1.0  
  Q1 2.9 -12.0 1.7 -10.1 -6.9 -3.8 -7.0 -5.7 -7.7 1.0  
  Q2 5.2 -10.4 5.0 -6.9 -4.2 3.9 -4.4 -1.6 -7.0 0.8  
  Q3 5.3 -4.6 9.6 -1.2 0.5 9.2 -1.0 1.3 2.1 1.0  
  Q4 4.5 -1.4 9.3 -0.3 1.5 11.3 2.0 2.5 4.5 1.3  
   
  2019 Q1 1.8 3.3 4.1 0.2 2.7 9.5 4.9 - 6.2 2.1  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
    III.  Money & Credit 7  
          (end of period)  
          A.  Narrow Money   2014 13.3 5.7 6.2 1.3 3.6 10.0 13.6 6.9 3.2 21.2  
  (Growth rates in percent) 2015 15.2 4.1 12.0 5.7 0.1 12.3 20.9 6.4 15.2 18.0  
  2016 15.1 5.7 17.3 4.8 7.7 -18.9 12.3 6.0 21.4 18.1  
  2017 15.7 11.0 12.4 9.4 6.3 45.8 6.8 4.0 11.8 16.7  
  2018 Q1 17.8 7.9 11.9 7.6 8.2 21.8 7.3 5.5 7.1 23.5  
  Q2 15.2 4.7 8.2 5.3 4.4 18.1 5.6 5.9 6.6 22.2 e
  Q3 11.4 4.1 8.2 3.7 1.2 14.6 1.9 5.2 4.0 -  
  Q4 9.5 1.1 4.8 2.8 0.4 12.7 1.9 5.7 1.5 -  
   
  2019 Q1 6.9 p, c 0.5 c 2.6 c 3.9 c -0.4 c 16.5 c 2.9 d 6.6 d 2.0 c -  
   
         B.  Broad Money   2014 11.2 6.8 12.0 4.6 3.4 10.7 8.1 5.8 11.0 19.7  
      (Growth rates in percent) 2015 9.4 2.6 8.9 4.4 1.7 10.7 8.2 5.7 13.3 14.9  
  2016 12.8 3.0 10.1 4.2 7.7 6.2 7.1 4.1 11.3 17.9  
  2017 11.9 4.8 8.3 5.0 3.2 10.0 5.1 3.6 8.2 14.3  
  2018 Q1 14.4 6.0 7.5 6.2 2.8 9.2 6.0 3.6 8.8 15.4  
  Q2 11.8 5.8 5.9 5.1 2.7 9.8 6.8 4.1 8.5 17.4 e
  Q3 9.9 7.3 6.7 4.8 3.5 9.4 6.0 3.3 8.8 -  
  Q4 9.5 r 9.0 6.3 4.7 3.9 10.2 6.7 3.1 8.9 -  
   
  2019 Q1 7.1 p, c 7.0 c 6.0 c 4.6 c 4.1 c 10.8 c 6.2 d 3.1 d 8.0 c -  
   
         C.  Domestic Credits   2014 17.8 10.9 11.3 5.3 7.4 8.0 7.7 5.2 16.2 15.5  
      (Growth rates in percent) 2015 11.5 7.2 9.8 4.9 2.1 9.6 7.6 4.4 23.7 20.1  
  2016 17.0 6.5 8.8 3.8 4.6 9.1 6.7 3.7 20.1 17.2  
  2017 13.9 6.4 6.6 4.9 5.7 7.7 5.2 5.0 11.3 12.6  
  2018 Q1 14.8 6.8 8.3 5.0 4.7 8.3 6.4 5.2 11.6 12.3  
  Q2 16.4 6.4 9.5 5.6 4.5 9.8 6.6 5.9 10.1 12.2 e
  Q3 15.0 8.0 12.3 6.9 4.4 10.5 5.5 5.6 10.7 -  
  Q4 14.9 r 9.2 11.1 5.0 5.6 12.4 6.5 - 10.4 -  
   
  2019 Q1 11.7 p, c 8.8 c 8.7 c 5.4 c 5.9 c - 5.9 d - 10.5 d -  
   
                 (As percent of GDP) 2014 55.8 139.5 41.4 126.4 157.7 84.7 178.0 171.0 167.9 113.8  
  2015 59.0 142.9 41.7 128.1 151.8 84.5 181.9 171.4 194.3 128.3  
  2016 63.5 143.1 42.2 125.6 152.9 82.6 185.0 173.6 216.2 140.1  
  2017 66.3 138.5 41.0 124.0 152.0 80.0 184.0 178.9 216.9 141.8  
  2018 Q1 66.8 138.2 40.3 122.8 153.8 81.9 186.4 182.0 219.4 143.3  
  Q2 67.7 140.6 40.9 122.0 152.5 81.1 188.4 182.0 218.0 -  
  Q3 68.1 141.0 41.4 121.5 152.2 81.1 189.2 184.3 219.3 -  
  Q4 69.1 r 143.1 41.8 123.3 153.3 80.5 191.1 - 218.3 -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
        E.  Interest Rates  
             1. Time Deposit Rates 2014 1.1 3.0 8.8 1.8 0.1 - 2.5 0.9 3.0 5.8  
  2015 1.5 3.1 8.3 1.4 0.2 - 1.8 0.9 2.1 4.7  
  2016 1.5 3.0 7.2 1.3 0.2 - 1.6 0.6 1.5 5.0  
  2017 1.8 2.9 6.5 1.3 0.1 - 1.7 0.6 1.5 4.8  
  2018 3.2 3.1 6.1 1.3 0.2 - 2.0 0.6 1.5 -  
  Q1 2.5 3.1 6.0 1.3 0.2 - 2.0 0.6 1.5 4.8  
  Q2 2.6 3.2 5.8 1.3 0.2 - 2.0 0.6 1.5 4.7  
  Q3 3.2 3.2 6.1 1.3 0.2 - 2.0 0.6 1.5 -  
  Q4 4.1 3.1 6.6 1.3 0.2 - 2.1 0.6 1.5 -  
   
  2019 Q1 4.7 3.2 b 6.9 b 1.4 a 0.2 a - - 0.6 a 1.5 b -  
   
          2.  Lending Rates 2014 5.5 4.6 12.6 4.9 5.4 10.3 4.3 2.9 5.9 8.7  
               (All Maturities) 2015 5.6 4.6 12.7 4.7 5.4 10.0 3.5 2.9 4.9 7.1  
  2016 5.6 4.5 11.9 4.5 5.4 9.7 3.4 2.7 4.4 7.0  
  2017 5.5 4.6 11.0 4.4 5.3 9.5 3.5 2.6 4.4 7.1  
  2018 6.1 4.9 10.5 4.1 5.3 9.5 3.7 2.6 4.4 -  
  Q1 5.6 4.8 10.7 4.2 5.3 9.5 3.7 2.6 4.4 7.4  
  Q2 5.9 5.0 10.5 4.1 5.3 9.5 3.7 2.6 4.4 7.4  
  Q3 6.2 5.0 10.5 4.1 5.3 9.5 3.7 2.6 4.4 -  
  Q4 6.8 5.0 10.4 4.1 5.3 9.5 3.7 2.6 4.4 -  
   
  2019 Q1 7.0 a 5.0 b 10.5 b 4.2 a 5.3 a - - 2.6 a 4.4 b -  
   
         3.  T-Bill Rates  8 2014 1.24 3.23 - 2.07 0.35 8.65 - - - -  
  2015 1.77 3.11 - 1.61 0.94 7.65 - - - -  
  2016 1.50 2.43 - 1.41 0.77 6.74 - - - -  
  2017 2.15 3.08 - 1.35 1.11 6.20 - - - -  
  2018 3.54 - - 1.31 1.69 6.57 - - - -  
  Q1 2.64 3.17 - 1.17 1.43 6.29 - - - -  
  Q2 3.41 3.27 - 1.25 1.61 6.31 - - - -  
  Q3 3.28 3.25 - 1.31 1.73 6.90 - - - -  
  Q4 5.11 - - 1.49 1.99 6.79 - - - -  
   
  2019 Q1 5.58 - - 1.63 a 1.99 a - - - - -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
    lV.  Fiscal Position (P mn) (Rm mn) (Rp bn) (B mn) (S$ mn) (R bn) (Won bn) (NT$ mn) (Yuan bn) (Dong bn)  
          A.  Revenue 2014 1,908,527 218,161 1,537,180 2,509,862 59,995 11,119 320,895 2,508,815 14,035 863,520  
  2015 2,108,956 219,089 1,508,020 2,690,640 63,525 12,647 339,186 2,662,328 15,222 996,870  
  2016 2,195,914 212,421 1,554,378 2,781,798 67,969 13,836 371,264 2,690,918 15,955 1,101,377  
  2017 2,473,132 220,407 1,656,891 2,795,050 70,225 15,510 403,839 2,753,318 17,257 1,288,665  
  2018 2,850,184 233,496 1,943,536 3,036,211 77,117 16,036 - - 18,335 1,358,400  
  Q1 619,793 54,324 333,776 644,968 22,187 4,730 114,632 - 5,055 308,485  
  Q2 790,749 52,470 499,672 867,283 20,098 2,786 116,311 - 5,378 343,236  
  Q3 700,969 59,281 478,872 836,296 19,544 4,309 78,524 - 4,150 310,780  
  Q4 738,673 67,421 631,216 687,664 15,288 4,211 69,028 f - 3,752 395,900  
   
  2019 Q1 458,827 a 41,722 a 217,214 a 469,317 a - - - - - -  
   
          (As percent of GDP) 2014 15.1 19.7 14.5 19.0 15.1 9.1 21.6 15.6 21.9 21.9  
  2015 15.8 18.9 13.1 19.6 15.1 9.4 21.7 15.9 22.2 23.8  
  2016 15.2 17.3 12.5 19.1 15.5 9.3 22.6 15.7 21.6 24.5  
  2017 15.6 16.3 12.2 18.1 15.1 9.3 23.3 15.7 21.0 25.7  
  2018 16.4 16.3 13.1 18.6 15.8 8.6 - - 20.4 24.5  
  Q1 15.8 15.8 9.5 15.9 18.6 10.3 27.2 - 25.5 30.0  
  Q2 18.2 15.0 13.6 21.7 16.7 6.1 26.1 - 24.5 27.6  
  Q3 16.6 16.3 12.5 20.7 16.1 9.2 17.2 - 18.1 22.0  
  Q4 14.9 18.0 16.6 16.3 12.1 8.8 - - 14.8 26.6  
   
          B.  Expenditure 2014 1,981,619 256,689 1,764,583 2,473,034 41,757 16,361 312,394 2,645,712 15,166 800,532  
  2015 2,230,645 256,533 1,806,443 2,648,242 45,359 17,224 339,351 2,645,189 17,577 875,208  
  2016 2,549,336 251,089 1,860,759 2,885,556 51,081 19,290 354,354 2,745,305 18,784 937,951  
  2017 2,823,769 260,727 2,004,247 2,888,896 54,884 22,085 379,809 2,770,074 20,333 1,016,152  
  2018 3,408,443 285,541 2,203,040 3,003,470 56,246 22,757 - - 22,091 1,104,835  
  Q1 771,964 65,523 419,552 630,739 18,437 4,437 116,397 - 5,100 254,725  
  Q2 831,595 71,972 524,457 738,417 10,315 7,076 118,066 - 6,060 264,461  
  Q3 886,186 62,542 568,545 670,592 12,977 5,966 59,010 - 5,170 266,506  
  Q4 918,698 85,504 690,486 963,722 14,518 5,278 45,651 f - 5,762 319,143  
   
  2019 Q1 490,663 a 45,172 a 271,833 a 505,098 a - - - - - -  
   
          (As percent of GDP) 2014 15.7 23.2 16.7 18.7 10.5 13.4 21.0 16.4 23.6 20.3  
  2015 16.7 22.2 15.7 19.3 10.8 12.9 21.7 15.8 25.6 20.9  
  2016 17.6 20.4 15.0 19.8 11.7 12.9 21.6 16.0 25.4 20.8  
  2017 17.9 19.3 14.7 18.7 11.8 13.3 21.9 15.8 24.8 20.3  
  2018 19.6 20.0 14.8 18.4 11.5 12.3 - - 24.5 20.0  
  Q1 19.7 19.1 11.9 15.6 15.4 9.7 27.7 - 25.8 24.8  
  Q2 19.2 20.6 14.2 18.5 8.6 15.6 26.5 - 27.6 21.3  
  Q3 21.0 17.2 14.8 16.6 10.7 12.8 12.9 - 22.5 18.8  
  Q4 18.6 22.8 18.2 22.8 11.5 11.0 - - 22.7 17.2  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2014 - 2019                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
         C. Overall Surplus/Deficit 2014 -73,092 -38,528 -227,403 36,828 18,237 -5,241 8,501 -136,897 -1,131 62,988  
  2015 -121,689 -37,444 -298,423 42,398 18,203 -4,577 -165 17,139 -2,355 121,662  
  2016 -353,422 -38,668 -306,381 -103,758 16,888 -5,454 16,910 -54,388 -2,829 163,426  
  2017 -350,637 -40,320 -347,357 -93,846 15,342 -6,575 17,254 -16,756 -3,076 272,513  
  2018 -558,259 -52,045 -259,504 32,741 20,871 -6,722 - - -3,756 232,403  
  Q1 -152,171 -11,199 -85,776 14,229 3,751 293 -1,765 - -45 53,760  
  Q2 -40,846 -19,502 -24,785 128,866 9,783 -4,290 -12,190 - -681 78,775  
  Q3 -185,217 -3,261 -89,673 165,704 6,567 -1,657 19,514 - -1,020 44,274  
  Q4 -180,025 -18,083 -59,270 -276,058 770 -1,067 23,377 f - -2,010 76,757  
   
  2019 Q1 -31,836 a -3,450 a -54,620 a -35,781 a - - - - - -  
   
                   (As percent of GDP) 2014 -0.6 -3.5 -2.2 0.3 4.6 -4.3 0.6 -0.8 -1.8 1.6  
  2015 -0.9 -3.2 -2.6 0.3 4.3 -3.4 0.0 0.1 -3.4 2.9  
  2016 -2.4 -3.1 -2.5 -0.7 3.9 -3.6 1.0 -0.3 -3.8 3.6  
  2017 -2.2 -3.0 -2.6 -0.6 3.3 -4.0 1.0 -0.1 -3.7 5.4  
  2018 -3.2 -3.6 -1.7 0.2 4.3 -3.6 - - -4.2 4.2  
  Q1 -3.9 -3.3 -2.4 0.4 3.1 0.6 -0.1 - -0.2 5.2  
  Q2 -0.9 -5.6 -0.7 3.2 8.1 -9.5 -2.7 - -3.1 6.3  
  Q3 -4.4 -0.9 -2.3 4.1 5.4 -3.5 4.3 - -4.4 3.1  
  Q4 -3.6 -4.8 -1.6 -6.5 0.6 -2.2 - - -7.9 4.1  
   
                                                 
  a January-February c End February e End May  
  b January d End January f October-November  
   
1 Philippines - figures from 2013-onwards at base year 2012  
2 Per International Merchandise Trade Statistics  
3 Net FDI flows refer to non-resident placements less non-resident withdrawals of equity, reinvestment of earnings and other capital.  
4 Net FPI flows refer to non-resident placements less non-resident withdrawals of equity securities and debt securities.  
5 Philippine data were revised to reflect new treatment of Hybrid Tier 1 accounts beginning March 2006.  
6 Import cover refers to number of months of average imports of goods  
7 For the Philippines, data from 2003 up to present are the Standard Report Forms (SRFs)-based Depository Corporations Survey (DCS), a unified framework for reporting monetary and financial statistics to the International Monetary Fund (IMF). The DCS is a consolidation of the balance sheets of the deposit-generating banks namely the Monetary Authorities (MA) of the BSP and Other Depository Corporations (ODCs), consisting of universal and commercial banks (UBs/KBs), thrift banks (TBs), rural banks (RBs), non stock savings and loan associations (NSSLAs) and non-banks with quasi-banks functions (NBQs).
8 Treasury-Bill Rates (91 Days) for Philippines  
- not available  
. Rounds off to zero  
p Preliminary  
r Revised  
   
  Sources of data:   
For Philippines: Other countries:  
Bangko Sentral ng Pilipinas National websites  
Bureau of the Treasury Bloomberg    
Philippine Statistics Authority CEIC Data Limited                       
    International Financial Statistics