48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
                                                 
     I.  Real Sector  
         A.  Real GDP Growth Rate  2013 7.1 4.7 5.6 2.7 4.7 6.3 2.9 2.2 7.8 5.4  
                    (in percent) 2014 6.2 6.0 5.0 0.8 3.3 7.0 3.3 4.0 7.3 6.0  
  2015 5.9 5.0 4.9 2.8 2.0 7.2 2.6 0.7 6.9 6.7  
  Q1 5.0 5.7 4.8 3.0 2.7 6.7 2.4 4.0 7.0 6.1  
  Q2 5.9 4.9 4.7 2.7 1.7 7.5 2.2 0.7 7.0 6.5  
  Q3 6.2 4.7 4.8 2.9 1.8 7.6 2.8 -0.7 6.9 6.6  
  Q4 6.5 4.5 5.2 2.8 1.8 7.2 3.1 -0.8 6.8 7.2  
   
  2016 6.8 - 5.0 - - - - - 6.7 6.2  
  Q1 6.8 4.2 4.9 3.2 2.0 7.9 2.8 -0.2 6.7 5.6  
  Q2 7.0 4.0 5.2 3.5 2.0 7.1 2.2 1.1 6.7 5.6  
  Q3 7.0 4.3 5.0 3.2 1.1 7.3 2.7 2.0 6.7 6.6  
  Q4 6.6 - 4.9 - - - - - 6.8 6.8  
   
        B.  Nominal GDP Growth Rate  2013 9.3 4.9 10.8 4.5 3.9 13.3 3.8 3.7 10.2 10.4  
                    (in percent) 2014 9.6 8.6 10.7 1.8 3.3 11.7 4.0 5.8 8.2 9.9  
  2015 5.2 4.6 9.1 3.1 3.7 8.4 4.8 4.0 7.0 6.5  
  Q1 5.2 4.3 8.9 2.8 5.4 9.2 4.2 8.7 7.4 6.9  
  Q2 5.6 4.1 9.5 2.6 5.0 8.8 4.8 3.6 7.7 6.4  
  Q3 4.6 4.9 9.0 3.3 3.4 6.4 5.3 2.8 6.6 6.7  
  Q4 5.4 5.0 9.1 3.5 1.0 9.1 5.0 1.2 6.4 6.1  
   
  2016 8.6 - 7.6 - - - - - 8.0 7.4  
  Q1 7.7 4.9 7.4 3.9 -0.3 10.4 4.3 1.5 7.0 5.1  
  Q2 8.8 5.4 7.2 5.0 -0.9 10.4 4.9 1.9 7.3 6.1  
  Q3 9.2 6.7 7.1 5.1 -1.0 12.1 3.9 1.7 7.8 8.0  
  Q4 8.6 - 8.6 - - - - - 9.6 9.2  
   
        C.  Inflation Rates   2013 3.0 2.1 6.4 2.2 2.3 10.1 1.4 0.8 2.6 6.2  
               (in percent) 2014 4.1 3.1 6.4 1.9 1.0 6.7 1.3 1.2 2.0 4.1  
  2015 1.4 2.1 6.4 -0.9 -0.5 4.9 0.7 -0.3 1.4 0.6  
  Q1 2.5 0.7 6.5 -0.5 -0.4 5.3 0.7 -0.6 1.2 0.7  
  Q2 1.7 2.2 7.1 -1.1 -0.4 5.1 0.6 -0.7 1.4 1.0  
  Q3 0.6 3.0 7.1 -1.1 -0.6 3.9 0.6 -0.3 1.7 0.5  
  Q4 1.0 2.6 4.8 -0.9 -0.7 5.3 0.9 0.3 1.5 0.3  
   
  2016 1.8 2.1 3.5 0.2 -0.5 5.0 1.0 -0.3 2.0 2.7  
  Q1 1.1 3.4 4.3 -0.5 -0.8 5.3 0.9 1.7 2.1 1.3  
  Q2 1.5 1.9 3.5 0.3 -1.0 5.7 0.8 1.3 2.1 2.2  
  Q3 2.0 1.3 3.0 0.3 -0.4 5.2 0.7 0.7 1.7 2.8  
  Q4 2.5 1.7 3.3 0.7 0.0 3.7 1.5 1.8 2.2 4.4  
   
  2017 Q1 2.7 a - 3.5 a -4.5 a - - 2.0 a - - -  
   
   
        D.  Unemployment rate 2013 7.1 3.1 6.1 0.7 1.9 - 3.1 4.2 4.1 2.2  
                   (in percent) 2014 6.6 2.3 5.8 0.8 2.0 - 3.6 4.0 4.1 2.1  
  2015 6.3 3.1 5.8 0.9 1.9 - 3.6 3.8 4.1 2.3  
  Q1 6.6 3.1 5.8 1.0 1.8 - 3.7 3.7 4.1 2.4  
  Q2 6.4 3.1 - 0.9 2.0 - 3.8 3.7 4.0 2.4  
  Q3 6.5 3.2 6.2 0.9 2.0 - 3.6 3.9 4.1 2.4  
  Q4 5.6 3.2 - 0.8 1.9 - 3.5 3.9 4.1 2.1  
   
  2016 5.5 3.5 - 1.0 - - - - 4.0 2.3  
  Q1 5.8 3.4 5.5 0.9 1.9 - 3.8 3.9 4.0 2.3  
  Q2 6.1 3.4 - 1.1 2.1 - 3.7 3.9 4.1 2.3  
  Q3 5.4 3.5 5.6 0.9 2.1 - 3.8 4.0 4.0 2.3  
  Q4 4.7 3.5 - 1.0 - - 3.7 b 4.0 b 4.0 2.3  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
    II.  External Transactions 1  
        A.  Trade  (in million US $) 2013 56,698 228,428 182,553 228,505 406,898 314,803 559,632 311,428 2,210,665 132,033  
              1.  Exports 2014 62,102 234,085 176,294 227,524 405,297 322,480 572,665 315,381 2,343,220 150,217  
  2015 58,827 199,872 150,393 214,352 346,638 267,791 526,757 285,344 2,282,461 162,017  
  Q1 14,304 50,604 39,163 53,351 87,782 70,457 133,400 71,305 514,017 36,391  
  Q2 14,697 50,570 39,300 53,482 89,477 66,990 135,104 73,211 558,364 41,301  
  Q3 15,458 49,283 36,781 54,691 85,582 66,733 128,235 71,224 597,519 42,459  
  Q4 14,368 49,416 35,149 52,829 83,797 63,610 130,017 69,604 612,560 41,866  
   
  2016 56,232 - - 215,327 329,775 264,270 495,466 - 2,136,595 176,728  
  Q1 13,109 44,076 33,603 53,829 75,024 64,956 115,193 62,668 464,144 38,780  
  Q2 13,723 46,857 35,965 51,308 84,290 66,052 126,026 68,651 534,001 43,411  
  Q3 14,858 48,278 34,848 55,330 84,860 66,147 121,862 71,304 557,732 46,422  
  Q4 14,542 - - 54,859 85,600 67,114 132,385 - 580,718 48,115  
   
  (Growth rate in %) 2013 8.8 0.5 -3.9 -0.3 -0.1 7.0 2.1 1.6 7.9 15.3  
  2014 9.5 2.5 -3.4 -0.4 -0.4 2.4 2.3 1.3 6.0 13.8  
  2015 -5.3 -14.6 -14.7 -5.8 -14.5 -17.0 -8.0 -9.5 -2.6 7.9  
  Q1 0.2 -11.2 -11.6 -4.7 -12.1 -14.7 -3.0 -2.7 4.6 9.0  
  Q2 -7.9 -14.9 -11.7 -5.0 -15.2 -16.0 -7.3 -8.5 -2.2 9.3  
  Q3 -7.7 -17.0 -16.2 -5.3 -17.2 -18.1 -9.5 -12.3 -5.9 9.1  
  Q4 -5.0 -15.4 -19.4 -8.1 -13.3 -19.1 -12.0 -13.9 -5.2 4.3  
   
  2016 -4.4 - - 0.5 -4.9 -1.3 -5.9 - -6.4 9.1  
  Q1 -8.4 -12.9 -14.2 0.9 -14.5 -7.8 -13.6 -12.1 -9.7 6.6  
  Q2 -6.6 -7.3 -8.5 -4.1 -5.8 -1.5 -6.7 -6.2 -4.4 5.1  
  Q3 -3.9 -2.0 -5.3 1.2 -0.8 -0.9 -5.0 0.1 -6.7 9.3  
  Q4 1.2 - - 3.8 2.2 5.5 1.8 - -5.2 14.9  
   
             2.  Imports 2013 62,411 205,978 186,628 250,407 373,011 466,911 515,470 278,010 1,949,302 132,033  
  2014 65,398 208,681 178,178 227,748 366,247 462,920 525,515 275,886 1,963,105 147,849  
  2015 71,067 175,903 142,695 202,653 296,745 393,830 436,499 237,219 1,680,808 165,570  
  Q1 17,089 44,712 36,731 51,861 72,867 96,419 111,767 58,730 390,285 38,999  
  Q2 15,828 45,018 37,218 51,425 77,791 99,880 110,497 61,481 418,823 42,119  
  Q3 19,277 43,910 34,040 50,422 74,721 102,389 107,960 59,435 433,913 42,672  
  Q4 18,874 42,263 34,706 48,946 71,365 95,141 106,275 57,574 437,787 41,781  
   
  2016 81,159 - - 194,668 282,926 359,569 406,060 - 1,589,460 174,191  
  Q1 18,597 38,339 32,213 45,640 65,242 83,596 93,809 50,514 338,408 37,278  
  Q2 20,149 42,371 33,820 47,084 71,730 85,180 99,286 56,781 390,559 43,195  
  Q3 20,759 43,847 32,700 49,814 71,701 89,888 102,444 59,374 413,478 44,421  
  Q4 21,654 - - 52,129 74,262 100,905 110,521 - 447,015 49,298  
   
  (Growth rate in %) 2013 0.5 4.8 -3.0 0.5 -1.7 -4.9 -0.8 0.2 7.2 16.0  
  2014 4.8 1.3 -4.5 -9.0 -1.8 -0.9 1.9 -0.8 0.7 12.0  
  2015 8.7 -15.7 -19.9 -11.0 -19.0 -14.9 -16.9 -14.0 -14.4 12.0  
  Q1 4.5 -8.7 -15.0 -6.6 -21.5 -13.4 -15.6 -12.1 -17.8 20.9  
  Q2 3.7 -16.2 -20.3 -9.4 -18.9 -11.8 -15.6 -12.6 -13.6 13.9  
  Q3 12.1 -18.8 -23.4 -15.3 -18.2 -15.3 -18.7 -16.2 -14.4 11.7  
  Q4 13.7 -18.8 -20.8 -12.6 -17.1 -19.0 -17.8 -15.1 -11.8 3.4  
   
  2016 14.2 - - -3.9 -4.7 -8.7 -7.0 - -5.4 5.2  
  Q1 8.8 -14.3 -12.3 -12.0 -10.5 -13.3 -16.1 -14.0 -13.3 -4.4  
  Q2 27.3 -5.9 -9.1 -8.4 -7.8 -14.7 -10.1 -7.6 -6.7 2.6  
  Q3 7.7 -3.5 -3.9 -1.2 -4.0 -12.2 -5.1 -0.1 -4.7 4.1  
  Q4 14.7 - - 6.5 4.1 6.1 4.0 - 2.1 18.0  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
           3. Trade Balance 2013 -5,713 22,260 -4,076 -21,902 33,888 -152,108 44,162 33,418 261,363 0  
  2014 -3,296 25,274 -1,884 -225 39,050 -140,440 47,150 39,494 96,243 2,368  
  2015 -12,240 6,100 7,699 11,699 49,893 -126,039 90,258 48,125 601,653 -3,554  
  Q1 -2,784 5,892 2,432 1,490 14,915 -25,962 21,633 12,575 123,732 -2,608  
  Q2 -1,131 5,552 2,082 2,057 11,685 -32,890 24,607 11,730 139,541 -818  
  Q3 -3,819 5,373 2,741 4,269 10,861 -35,656 20,276 11,789 163,607 -213  
  Q4 -4,506 7,153 444 3,883 12,432 -31,531 23,742 12,030 174,774 86  
   
  2016 -24,927 - - 20,659 46,849 -95,299 89,406 - 547,135 -210  
  Q1 -5,488 5,737 1,389 8,189 9,783 -18,639 21,383 12,154 125,736 1,503  
  Q2 -6,426 4,486 2,145 4,224 12,560 -19,128 26,741 11,870 143,442 216  
  Q3 -5,900 4,431 2,148 5,516 13,159 -23,740 19,418 11,934 144,254 2,001  
  Q4 -7,112 - - 2,730 11,338 -33,792 21,864 - 133,702 -1,182  
   
                As % of GDP 2013 -2.1 6.9 -0.4 -5.6 11.3 -8.1 3.4 6.5 2.7 0.0  
  2014 -1.2 7.5 -0.2 -0.1 12.7 -7.0 3.3 7.2 0.9 1.3  
  2015 -4.2 2.1 0.9 3.1 17.0 -6.1 6.6 9.2 5.5 -1.8  
  Q1 -4.1 7.7 1.1 1.5 20.2 -4.8 6.5 9.5 5.1 -6.9  
  Q2 -1.5 7.2 1.0 2.2 15.7 -6.6 7.0 8.9 5.1 -1.8  
  Q3 -5.5 7.5 1.3 4.8 15.1 -7.1 6.0 9.0 5.8 -0.4  
  Q4 -5.6 10.1 0.2 4.2 17.2 -6.0 6.8 9.2 5.8 0.1  
   
  2016 -8.2 - - - - - - - 4.9 -0.1  
  Q1 -7.9 8.3 0.6 8.6 13.8 -3.4 6.7 9.5 5.1 3.9  
  Q2 -8.3 6.0 0.9 4.6 17.2 -3.6 7.6 9.3 5.2 0.5  
  Q3 -8.0 5.7 0.9 5.9 18.0 -4.4 5.3 8.8 5.0 3.8  
  Q4 -8.5 - - - - - - - 4.3 -1.8  
   
      B.  Current Account   
            1.   Current Account Balance   2013 11,384 11,204 -29,109 -4,845 53,738 -49,226 81,148 51,294 148,204 9,471  
  (in million US $) 2014 10,756 14,846 -27,510 15,100 53,519 -27,315 84,373 61,919 277,434 9,360  
  2015 7,694 8,960 -17,586 32,149 57,883 -22,395 105,940 75,788 330,602 906  
  Q1 2,051 3,130 -4,178 10,142 15,779 -625 23,222 21,482 85,252 -1,341  
  Q2 3,206 2,222 -4,566 4,552 12,489 -6,119 26,951 15,773 87,981 691  
  Q3 969 1,150 -3,904 6,213 14,899 -8,539 28,246 18,280 65,486 479  
  Q4 1,469 2,458 -4,939 11,241 14,716 -7,112 27,520 20,263 91,883 1,077  
   
  2016 - - - - - - 98,774 - - -  
  Q1 598 p 1,198 -4,766 17,852 13,596 -318 25,350 20,122 39,344 2,632  
  Q2 44 p 470 -4,995 7,973 16,466 -277 26,337 17,195 64,150 2,242  
  Q3 979 p 1,482 -4,493 10,291 18,238 -3,429 21,510 17,090 69,254 -  
  Q4 - - - - - - 25,578 - - -  
   
                         As % of GDP 2013 4.2 3.5 -3.2 -1.2 17.9 -2.6 6.2 10.0 1.5 5.5  
  2014 3.8 4.4 -3.1 3.9 17.5 -1.4 6.0 11.7 2.7 5.0  
  2015 2.6 3.0 -2.0 8.6 19.8 -1.1 7.7 14.4 3.0 0.5  
  Q1 3.0 4.1 -2.0 10.2 21.4 -0.1 6.9 16.2 3.5 -3.6  
  Q2 4.3 2.9 -2.1 4.8 16.7 -1.2 7.6 12.0 3.2 1.5  
  Q3 1.4 1.6 -1.8 7.0 20.7 -1.7 8.3 14.0 2.3 1.0  
  Q4 1.8 3.5 -2.3 12.1 20.3 -1.3 7.9 15.5 3.0 1.8  
   
  2016 - - - - - - 9.5 - - -  
  Q1 0.9 p 1.7 -2.2 18.8 19.1 -0.1 7.9 15.8 1.6 6.8  
  Q2 0.1 p 0.6 -2.2 8.7 22.5 -0.1 7.5 13.5 2.3 4.8  
  Q3 1.3 p 1.9 -1.8 11.0 24.9 -0.6 5.8 12.7 2.4 -  
  Q4 - - - - - - - - - -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
      C.  Financial Account   
            1.   Net Foreign Direct Investments Flows 2 2013 3,737 11,295 23,282 15,936 66,060 28,153 12,767 3,598 290,928 8,900  
  (in million US $) 2014 5,740 10,619 25,121 4,975 68,457 34,577 9,274 2,839 268,097 9,200  
  2015 5,835 10,963 20,222 9,004 65,328 44,009 6,607 2,413 249,859 11,800  
  Q1 965 2,358 5,086 2,480 16,316 10,487 996 1,067 68,467 2,270  
  Q2 1,185 4,980 7,511 3,417 17,095 11,448 113 288 63,245 2,580  
  Q3 2,539 1,609 3,116 718 19,024 8,157 2,275 806 44,054 2,300  
  Q4 1,146 2,016 4,509 2,389 12,894 13,916 720 252 74,092 4,650  
   
  2016 - - - - - - - - - -  
  2016 Q1 1,345 p 3,552 3,489 2,022 9,868 11,384 42 716 41,133 2,860  
  Q2 2,847 p 2,280 4,221 2,239 17,704 5,897 3,903 500 33,652 2,980  
  Q3 1,684 p 3,535 6,043 -3,005 17,285 14,004 3,090 203 26,194 -  
  Q4 1,098 p, c - - - - - - - - -  
   
   
  (Growth rate in %) 2013 16.2 27.0 9.8 23.5 15.4 17.3 34.4 12.2 20.6 6.4  
  2014 53.6 -6.0 7.9 -68.8 3.6 22.8 -27.4 -21.1 -7.8 3.4  
  2015 1.7 3.2 -19.5 81.0 -4.6 27.3 -28.8 -15.0 -6.8 28.3  
  Q1 -29.1 25.4 3.9 -21.9 -8.0 7.2 -70.6 11.5 11.7 6.2  
  Q2 -24.5 29.0 12.9 91.0 -4.7 38.0 -92.8 -49.7 17.5 9.2  
  Q3 76.5 -39.7 -61.2 -69.5 28.3 -7.6 12.6 -2.4 -31.3 3.6  
  Q4 -16.3 -8.9 -18.8 -289.2 -28.2 81.3 -68.5 -47.9 -16.6 87.5  
   
  2016 - - - - - - - - - -  
  2016 Q1 39.3 p 50.6 -31.4 -18.5 -39.5 8.6 -95.8 -32.9 -39.9 26.0  
  Q2 140.2 p -54.2 -43.8 -34.5 3.6 -48.5 3360.5 73.6 -46.8 15.5  
  Q3 -33.7 p 119.7 93.9 -518.6 -9.1 71.7 35.8 -74.8 -40.5 -  
  Q4 25.7 p, c - - - - - - - - -  
   
            2.   Net Foreign Portfolio Investments Flows 3 2013 363 - 12,145 -1,368 -2,300 7,027 18,150 7,953 -72,016 1,389  
  (in million US $) 2014 -3 - 23,480 -4,695 3,155 37,740 9,208 13,055 101,292 93  
  2015 -2,129 - 17,680 -12,691 -5,399 9,487 10,021 -858 313,543 -65  
  Q1 1,344 - 8,484 -1,609 -1,031 12,452 2,711 4,720 68,467 -53  
  Q2 -2,248 - 6,287 -2,857 -2,424 -50 9,152 3,193 63,245 160  
  Q3 -1,479 - -1,519 -4,119 -1,574 -3,469 -11,200 -8,357 44,054 -79  
  Q4 254 - 4,428 -4,106 -371 554 -8,314 -414 74,092 -93  
   
  2016 - - - - - - - - - -  
  2016 Q1 -958 p - 4,607 2,590 936 -1,538 -4,142 4,009 -18,856 -66  
  Q2 367 p - 7,874 168 2,710 2,103 2,340 1,885 23,448 309  
  Q3 436 p - 4,572 5,242 2,225 6,050 4,291 2,869 21,541 -  
  Q4 - - - - - - - - - -  
   
  (Growth rate in %) 2013 -91.3 - -17.2 -113.2 -211.6 -76.7 -44.7 147.4 -55.5 -26.4  
  2014 -100.9 - 93.3 -243.2 237.2 437.1 -49.3 64.2 240.7 -93.3  
  2015 -62165.4 - -24.7 -170.3 -271.1 -74.9 8.8 -106.6 209.5 -169.9  
  Q1 185.5 - 2.7 -4.1 -34.1 34.5 177.3 -3.3 11.7 -541.7  
  Q2 -290.4 - -30.4 -651.3 -263.5 -100.4 43.1 -66.3 17.5 -48.6  
  Q3 -324.5 - -124.9 -2016.2 -577.1 -135.5 -348.8 166.3 -31.3 61.2  
  Q4 193.6 - 6420.4 -9.5 -117.6 -91.2 -557.4 -122.6 -16.6 -48.6  
   
  2016 - - - - - - - - - -  
  2016 Q1 -171.2 p - -45.7 261.0 190.8 -112.4 -252.8 -15.1 -127.5 -24.5  
  Q2 116.3 p - 25.2 105.9 211.8 4310.5 -74.4 -41.0 -62.9 93.1  
  Q3 129.5 p - 401.0 227.3 241.3 274.4 138.3 134.3 -51.1 -  
  Q4 - - - - - - - - - -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
      D.  Overall Balance of Payments 2013 5,085 - -7,325 -5,049 18,166 11,271 16,296 8,782 431,383 7,465  
  (in million US $) 2014 -2,858 - 15,249 -1,210 6,801 - 17,886 8,904 - 8,375  
  2015 2,616 - -1,098 5,859 1,126 - 420 6,984 - -6,032  
  Q1 877 - 1,303 3,985 -967 - -226 360 - 2,662  
  Q2 807 - -2,925 3,326 2,000 - -1,069 570 - 555  
  Q3 124 - -4,565 -2,383 344 - 1,586 7,350 - -6,594  
  Q4 809 - 5,089 931 -252 - 128 -1,296 - -2,655  
   
  2016 -420 - - - - - - - - -  
  Q1 -210 - -287 13,773 -6,207 - 3,456 1,795 - 3,464  
  Q2 843 - 2,162 3,917 3,501 - -7,203 - - 3,211  
  Q3 1,014 - 5,708 777 4,018 - 5,735 - - -  
  Q4 -2,068 - - - - - - - - -  
   
      E.  External Debt  4 2013 78.5 212.3 266.1 141.9 1330.8 426.9 423.5 170.1 863.2 3.1  
   Levels (in billion US $) 2014 77.7 213.9 293.3 140.7 1340.7 458.7 424.4 177.9 895.5 3.4  
  2015 Q1 75.3 206.4 299.1 137.0 1318.2 475.0 418.0 171.6 1673.2 -  
  Q2 75.0 209.8 305.0 136.5 1307.7 482.0 422.0 181.1 1680.1 -  
  Q3 75.6 191.8 302.2 133.7 1304.4 480.5 407.5 173.5 1529.8 -  
  Q4 77.5 194.4 310.2 129.4 1257.7 479.3 395.4 159.0 1416.2 -  
   
  2016 Q1 77.6 206.4 316.9 133.9 1289.9 485.0 389.3 159.7 1364.5 -  
  Q2 77.7 205.9 323.8 143.1 1281.9 479.5 391.8 163.2 1389.3 -  
  Q3 76.6 p 213.8 325.3 139.3 1289.2 484.3 400.4 171.8 1432.0 -  
  Q4 - - - - - - - - - -  
   
               ( As % of GDP) 2013 28.9 65.7 29.2 36.0 443.2 22.9 32.4 33.3 8.9 1.8  
  2014 27.3 63.3 32.9 36.6 437.6 22.9 30.1 33.5 8.6 1.8  
  2015 Q1 26.1 61.8 33.5 35.5 431.8 23.3 29.5 32.0 15.8 -  
  Q2 25.7 64.1 34.4 35.2 430.5 23.5 29.9 33.7 15.6 -  
  Q3 26.0 61.5 34.8 34.9 437.2 23.4 29.5 32.6 14.1 -  
  Q4 26.5 65.4 36.0 34.4 429.5 23.2 28.7 30.3 13.0 -  
   
  2016 Q1 26.5 71.3 36.6 36.1 444.7 23.4 28.6 30.7 12.5 -  
  Q2 26.2 71.8 36.8 38.9 444.2 22.9 28.8 31.6 12.6 -  
  Q3 25.5 p 73.3 35.8 37.3 444.7 22.6 28.9 33.0 12.9 -  
  Q4 - - - - - - - - - -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
       F.  Gross International Reserves     2013 83,187 134,900 99,387 167,197 273,065 295,708 346,460 416,811 3,821,320 26,287  
  (in million US $) 2014 79,541 115,962 111,862 156,985 256,860 320,649 363,593 418,980 3,843,017 34,575  
  2015 Q1 80,459 105,128 111,554 157,371 248,404 341,638 362,750 414,689 3,730,038 37,297  
  Q2 80,644 105,503 108,030 160,342 253,280 356,001 374,749 421,411 3,693,838 37,720  
  Q3 80,551 93,364 101,720 155,676 251,640 350,289 368,114 426,325 3,514,120 31,019  
  Q4 80,667 95,313 105,931 156,514 247,747 350,381 367,962 426,031 3,330,362 28,616  
   
  2016 Q1 82,977 97,036 107,543 173,053 246,538 360,176 369,840 431,601 3,212,579 32,017  
  Q2 85,284 97,200 109,789 178,800 248,859 363,506 369,890 433,552 3,205,162 35,416  
  Q3 86,139 97,700 115,671 180,469 253,408 371,990 377,770 436,726 3,166,382 38,055  
  Q4 80,692 94,500 116,362 171,853 246,575 358,898 371,102 434,204 3,010,517 -  
   
  2017 Q1 81,044 p, d - - - - 363,147 d 374,036 d - - -  
   
       G.  Import Cover 5 2013 16.0 7.9 6.4 8.0 8.8 7.6 8.1 18.0 23.5 2.4  
           (Equivalent in months of goods)   2014 14.6 6.7 7.5 8.3 8.4 8.3 8.3 18.2 23.5 2.8  
  2015 Q1 14.6 6.2 7.8 8.4 8.6 9.2 8.6 18.6 23.8 2.9  
  Q2 14.5 6.5 8.0 8.8 9.3 9.9 9.3 19.5 24.5 2.8  
  Q3 14.1 6.0 8.0 8.9 9.7 10.1 9.6 20.7 24.2 2.3  
  Q4 13.6 6.5 8.9 9.3 10.0 10.7 10.1 21.6 23.8 2.1  
   
  2016 Q1 13.7 6.9 9.3 10.6 10.2 11.4 10.6 22.6 23.7 2.3  
  Q2 13.3 7.0 9.8 11.2 10.6 12.0 10.9 23.2 24.0 2.6  
  Q3 13.2 7.0 10.4 11.3 10.9 12.6 11.3 23.4 24.0 2.7  
  Q4 11.9 6.8 10.4 10.6 10.5 12.0 11.0 22.6 22.7 -  
   
  2017 Q1 12.0 p, d - - - - 12.1 d 11.1 d - - -  
   
      H.  Exchange Rate  2013 42.45 3.15 10461.24 30.73 1.25 58.53 1094.82 29.77 6.15 20900.17  
           Levels (local currency/$) 2014 44.40 3.27 11868.67 32.48 1.27 61.02 1052.96 30.37 6.16 21147.67  
  2015 45.50 3.91 13389.41 34.25 1.37 64.10 1131.16 31.91 6.27 21676.96  
  Q1 44.42 3.62 12798.59 32.65 1.36 62.20 1099.97 31.59 6.20 21450.93  
  Q2 44.67 3.66 13133.84 33.25 1.34 63.38 1097.12 30.99 6.20 21590.58  
  Q3 46.05 4.06 13850.88 35.25 1.39 64.96 1170.42 32.21 6.30 21776.33  
  Q4 46.87 4.29 13774.34 35.84 1.41 65.88 1157.12 32.85 6.39 21890.00  
   
  2016 47.49 4.14 13308.71 35.30 1.38 67.17 1160.84 32.33 6.64 21932.41  
  Q1 47.29 4.21 13532.63 35.64 1.40 67.49 1202.13 33.35 6.54 21888.60  
  Q2 46.52 4.01 13318.18 35.27 1.36 66.86 1163.22 32.44 6.53 21875.81  
  Q3 47.06 4.05 13132.91 34.84 1.35 66.95 1119.96 31.73 6.66 21892.09  
  Q4 49.11 4.32 13251.10 35.39 1.41 67.40 1158.06 31.78 6.83 22073.14  
   
  \  
  (Growth rate in %) 2013 0.5 2.0 11.4 -1.1 0.1 9.5 -2.8 0.5 -2.6 0.3  
  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 5.4 8.5 5.1 7.4 5.1 1.9 2.5  
  Q1 -1.0 9.7 8.0 0.0 6.9 0.7 2.9 4.1 1.7 2.0  
  Q2 1.2 13.1 13.0 2.5 7.2 6.0 6.7 2.7 -0.4 2.5  
  Q3 5.2 27.1 17.8 9.8 11.2 7.1 14.0 7.1 2.3 2.5  
  Q4 4.6 27.4 12.5 9.6 8.7 6.4 6.4 6.3 4.0 3.0  
   
  2016 4.4 6.1 -0.6 3.1 0.5 4.8 2.6 1.4 5.8 1.2  
  Q1 6.5 16.2 5.7 9.3 3.6 8.5 9.3 5.6 5.5 2.0  
  Q2 4.1 9.5 1.4 6.1 1.2 5.5 6.0 4.7 5.3 1.3  
  Q3 2.2 -0.2 -5.2 -1.1 -2.8 3.1 -4.3 -1.5 5.7 0.5  
  Q4 4.8 0.8 -3.8 -1.2 0.2 2.3 0.1 -3.2 6.9 0.8  
   
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
    III.  Money & Credit 6  
          (end of period)  
          A.  Narrow Money   2013 27.3 13.1 5.4 4.0 9.9 9.8 9.7 8.5 9.3 17.8  
  (Growth rate in %) 2014 13.3 5.7 6.2 1.1 3.6 10.0 13.6 6.2 3.2 21.2  
  2015 Q1 12.7 10.2 12.2 1.6 2.3 11.3 16.4 5.7 2.9 22.1  
  Q2 12.9 9.5 9.9 2.2 2.4 9.2 20.0 6.1 4.3 17.9  
  Q3 15.0 8.3 12.0 3.5 1.3 11.1 23.4 6.9 11.4 21.4  
  Q4 15.2 4.1 12.0 5.8 0.1 12.3 20.9 6.9 15.2 18.0  
   
  2016 Q1 17.3 -1.7 11.2 5.1 -1.8 13.5 19.6 6.1 22.1 19.1  
  Q2 17.4 0.9 13.9 7.6 1.6 13.7 14.7 5.9 24.6 21.4  
  Q3 16.5 r 0.1 5.9 6.4 5.1 21.0 10.2 - 24.7 20.0  
  Q4 15.0 p 5.7 12.1 4.9 7.7 -18.7 12.3 - 21.4 19.2 e
   
         B.  Broad Money   2013 31.8 7.5 12.8 7.3 4.3 14.9 4.6 5.8 13.6 21.4  
  (Growth rate in %) 2014 11.2 6.8 12.0 4.7 3.4 10.7 8.1 6.1 11.0 19.7  
  2015 Q1 8.8 7.7 16.0 6.2 4.2 10.9 8.5 6.4 9.9 18.4  
  Q2 9.2 5.8 12.8 6.1 3.7 10.6 9.6 6.3 10.2 17.2  
  Q3 8.8 5.2 12.4 5.4 3.3 10.7 9.0 6.8 13.1 16.8  
  Q4 9.4 2.6 8.9 4.4 1.7 10.7 8.2 5.8 13.3 14.9  
   
  2016 Q1 11.7 0.9 7.4 3.7 2.2 10.1 7.9 4.7 13.4 17.3  
  Q2 12.5 1.9 8.7 4.3 4.2 10.3 6.7 4.7 11.8 19.1  
  Q3 12.9 r 2.2 5.1 3.9 5.0 14.6 7.2 4.0 11.5 19.8  
  Q4 12.4 p 3.0 7.1 4.2 7.7 6.5 7.1 3.6 11.3 19.2 e
   
         C.  Domestic Credits   2013 10.6 10.9 18.8 7.9 11.6 14.4 3.6 - 15.1 13.9  
  (Growth rate in %) 2014 17.8 10.9 11.3 5.6 7.4 8.0 7.7 - 16.2 15.5  
  2015 Q1 10.5 10.2 14.3 6.0 7.8 6.3 8.1 - 16.9 17.2  
  Q2 9.9 7.9 12.9 5.2 6.4 7.8 8.9 - 18.0 19.6  
  Q3 11.8 9.0 14.0 5.8 1.5 8.7 9.4 - 21.6 20.7  
  Q4 11.5 7.2 9.8 4.7 2.1 9.6 7.6 - 23.7 20.1  
   
  2016 Q1 15.4 6.2 9.5 4.0 3.0 10.1 7.8 - 25.4 19.6  
  Q2 17.1 6.7 8.7 4.9 2.2 10.7 6.6 - 24.7 19.8  
  Q3 16.5 r 5.8 9.7 4.2 3.2 14.0 6.4 - 23.0 17.1  
  Q4 16.7 p 6.5 6.7 3.6 4.6 12.4 f 6.7 - 20.1 19.1 e
   
                 As % of GDP 2013 51.9 136.6 41.2 131.3 155.1 87.4 171.8 - 155.7 108.2  
  2014 55.8 139.5 41.4 134.4 161.3 84.6 178.0 - 167.2 113.8  
  2015 Q1 54.7 140.2 40.8 135.5 159.5 84.3 179.3 - 173.7 115.4  
  Q2 54.8 139.1 41.3 133.8 159.8 85.0 182.2 - 180.0 118.6  
  Q3 56.3 141.6 39.9 133.4 157.4 84.6 182.7 - 185.4 121.3  
  Q4 59.1 143.0 41.7 136.6 158.8 85.5 182.7 - 193.4 128.3  
   
  2016 Q1 59.6 142.2 41.1 136.1 160.7 85.4 184.4 - 203.7 130.1  
  Q2 60.2 142.1 41.6 136.3 162.0 86.2 185.2 - 210.2 133.9  
  Q3 60.9 r 142.0 40.7 134.8 162.9 87.3 185.5 - 212.8 133.5  
  Q4 63.5 p - 41.4 - - - - - 215.0 -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
        E.  Interest Rates  
             1. Time Deposit Rates 2013 1.4 3.0 6.3 2.9 0.1 - 2.9 0.9 3.0 7.1  
  2014 1.1 3.0 8.8 2.0 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  
  Q1 1.4 3.1 8.9 1.6 0.2 - 2.1 0.9 2.7 4.8  
  Q2 1.5 3.1 8.5 1.4 0.2 - 1.8 0.9 2.3 4.7  
  Q3 1.5 3.1 8.0 1.4 0.2 - 1.6 0.9 1.8 4.7  
  Q4 1.6 3.1 8.0 1.4 0.2 - 1.7 0.8 1.5 4.7  
   
  2016 1.5 3.0 7.2 1.4 0.2 - - 0.5 1.5 -  
  Q1 1.6 3.1 7.9 1.4 0.2 - 1.7 0.7 1.5 5.0  
  Q2 1.5 3.1 7.2 1.4 0.2 - 1.6 0.7 1.5 5.3  
  Q3 1.4 2.9 6.9 1.4 0.2 - 1.4 0.6 1.5 5.3  
  Q4 1.6 2.9 6.7 1.4 0.2 - 1.5 b 0.2 1.5 4.8 b
   
          2.  Lending Rates 2013 5.8 4.6 11.7 7.0 5.4 10.3 4.7 2.9 6.0 10.4  
               ( All Maturities) 2014 5.5 4.6 12.6 6.8 5.4 10.3 4.3 2.9 5.9 8.7  
  2015 5.6 4.6 12.7 6.6 5.4 10.0 3.5 2.9 4.9 7.1  
  Q1 5.4 4.7 12.8 6.7 5.4 10.3 3.8 2.9 5.5 7.2  
  Q2 5.5 4.6 12.7 6.5 5.4 10.1 3.5 2.9 5.1 7.2  
  Q3 5.6 4.5 12.6 6.5 5.4 10.0 3.4 2.9 4.7 7.1  
  Q4 5.7 4.5 12.5 6.5 5.4 9.7 3.4 2.8 4.4 7.0  
   
  2016 - 4.5 11.9 6.3 5.4 - - - 4.4 -  
  Q1 5.6 4.6 12.4 6.5 5.4 9.7 3.5 2.8 4.4 7.0  
  Q2 5.6 4.6 12.0 6.3 5.4 9.7 3.4 2.7 4.4 7.0  
  Q3 5.7 4.5 11.7 6.3 5.4 9.7 3.2 2.7 4.4 7.0  
  Q4 - 4.5 11.5 6.3 5.4 - 3.3 b - 4.4 7.0 b
   
   
         3.  T-Bill Rates  7 2013 0.32 3.00 - 2.88 0.25 8.81 - - - 6.64  
  2014 1.24 3.23 - 2.07 0.35 8.65 - - - -  
  2015 1.77 3.11 - 1.61 0.94 7.65 - - - -  
  Q1 1.46 3.21 - 1.94 0.83 8.30 - - - -  
  Q2 1.94 2.95 - 1.57 0.91 7.82 - - - -  
  Q3 1.86 3.17 - 1.46 1.03 7.32 - - - -  
  Q4 1.66 n.i. - 1.48 1.01 7.16 - - - -  
   
  2016 1.50 2.76 - 1.41 0.77 6.74 - - - -  
  Q1 1.56 2.39 - 1.40 0.83 7.27 - - - -  
  Q2 1.60 2.91 - 1.38 0.68 6.80 - - - -  
  Q3 1.42 2.61 - 1.39 0.67 6.71 - - - -  
  Q4 1.44 3.12 - 1.47 0.90 6.19 - - - -  
   
  2017 Q1 1.78 a - - - - - - - - -  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        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 2013 1,716,093 298,665 1,429,453 2,663,226 57,054 9,805 314,438 2,457,632 12,914 790,800  
  2014 1,908,527 218,161 1,537,180 2,641,092 59,995 11,119 320,895 2,508,815 14,035 863,520  
  2015 2,108,956 219,089 1,508,020 2,813,946 63,525 12,647 339,186 2,662,328 15,222 996,870  
  Q1 470,530 51,548 283,750 605,343 14,303 4,389 81,121 - 3,641 226,000  
  Q2 615,205 55,251 383,969 820,203 16,857 1,443 169,130 - 4,319 220,120  
  Q3 519,242 56,253 322,045 735,524 17,888 3,877 255,649 - 3,481 236,880  
  Q4 503,979 56,037 518,256 652,876 14,477 2,938 339,186 - 3,780 313,870  
   
  2016 - 211,354 - - - 13,836 - - 15,955 1,039,000  
  Q1 478,978 48,793 247,642 602,737 15,601 4,151 96,106 - 3,890 230,510  
  Q2 621,977 47,498 387,035 863,434 18,153 1,855 191,219 - 4,662 246,335  
  Q3 545,779 56,295 446,513 763,325 18,843 3,942 286,369 - 3,589 241,475  
  Q4 383,854 c 58,768 232,372 c 250,253 b - 3,888 345,276 f - 2,685 c 320,680  
   
          (As % of GDP) 2013 14.9 29.3 15.0 22.0 15.2 9.0 22.0 16.1 21.7 22.1  
  2014 15.1 19.7 14.5 21.2 15.5 9.1 21.6 15.6 21.8 21.9  
  2015 15.8 18.9 13.1 21.9 15.8 9.6 21.8 15.9 22.1 23.8  
  Q1 15.5 18.6 10.4 17.8 14.3 13.2 22.0 - 24.1 27.9  
  Q2 18.5 19.5 13.4 24.8 16.8 4.5 22.7 - 25.6 22.7  
  Q3 16.3 19.2 10.8 22.1 17.9 11.9 21.8 - 19.7 22.1  
  Q4 13.4 18.4 17.6 18.7 14.2 8.5 20.6 - 19.6 23.4  
   
  2016 - - - - - - - - 21.4 23.1  
  Q1 14.7 16.8 8.4 17.1 15.6 11.3 25.0 - 24.1 27.1  
  Q2 17.2 15.9 12.6 24.9 18.3 5.3 23.4 - 25.8 23.9  
  Q3 15.7 18.0 13.9 21.8 19.0 10.8 23.1 - 18.8 20.9  
  Q4 - - - - - - - - 18.1 21.9  
   
          B.  Expenditure 2013 1,880,155 349,173 1,638,952 2,758,833 40,390 15,821 300,238 2,665,241 13,974 930,730  
  2014 1,981,619 256,689 1,764,583 2,699,741 41,757 16,361 312,394 2,645,712 15,166 800,532  
  2015 2,230,645 256,533 1,806,443 2,672,583 45,359 17,224 339,351 2,645,189 17,577 875,208  
  Q1 504,047 63,303 367,443 670,265 13,960 4,084 97,328 - 3,282 202,943  
  Q2 567,942 59,084 384,516 640,195 7,988 4,310 193,025 - 4,447 222,054  
  Q3 558,540 60,975 496,988 669,401 11,123 4,796 274,137 - 4,337 217,462  
  Q4 600,116 73,171 557,497 692,722 12,289 4,035 339,351 - 5,511 232,749  
   
  2016 - 248,490 - - - 19,290 - - 18,784 946,854  
  Q1 591,466 66,528 390,908 743,948 16,691 4,593 110,233 - 3,796 216,469  
  Q2 629,805 62,517 474,447 714,216 9,823 5,118 199,282 - 5,121 233,822  
  Q3 639,166 58,093 440,495 683,315 11,510 5,159 278,183 - 4,679 228,186  
  Q4 405,344 c 61,352 331,011 c 417,860 b - 4,420 324,266 f - 2,988 c 268,377  
   
          (As % of GDP) 2013 16.3 34.3 17.2 22.8 10.7 14.4 21.0 17.5 23.5 26.0  
  2014 15.7 23.2 16.7 21.6 10.8 13.4 21.0 16.4 23.6 20.3  
  2015 16.8 22.2 15.7 20.8 11.3 13.0 21.8 15.8 25.5 20.9  
  Q1 16.6 22.8 13.5 19.7 13.9 12.3 26.4 - 21.7 25.1  
  Q2 17.1 20.9 13.4 19.4 8.0 13.6 24.7 - 26.4 22.9  
  Q3 17.5 20.8 16.6 20.1 11.1 14.8 20.5 - 24.5 20.3  
  Q4 15.9 24.1 18.9 19.8 12.0 11.6 16.1 - 28.6 17.4  
   
  2016 - - - - - - - - 25.2 21.0  
  Q1 18.1 22.9 13.3 21.0 16.7 12.5 28.7 - 23.5 25.5  
  Q2 17.5 20.9 15.4 20.6 9.9 14.6 21.9 - 28.3 22.7  
  Q3 18.4 18.6 13.7 19.5 11.6 14.2 19.2 - 24.6 19.7  
  Q4 - - - - - - - - 24.6 18.3  
   
48 SELECTED ECONOMIC INDICATORS                                              
  ASIAN COUNTRIES                                              
  2013 - 2017                                              
                                                 
        Philippines     Malaysia   Indonesia   Thailand   Singapore   India   Korea   Taiwan   China   Vietnam  
   
         C. Overall Surplus/Deficit 2013 -164,062 -50,508 -237,701 -95,607 16,664 -6,016 14,200 -207,609 -1,060 -139,930  
  2014 -73,092 -38,528 -227,403 -58,648 18,238 -5,241 8,501 -136,897 -1,131 62,988  
  2015 -121,689 -37,444 -298,423 141,363 18,166 -4,577 -165 17,139 -2,355 121,662  
  Q1 -33,517 -11,755 -83,692 -64,922 344 305 -16,207 - 359 23,057  
  Q2 47,263 -3,833 -547 180,009 8,869 -2,867 -23,895 - -128 -1,934  
  Q3 -39,298 -4,722 -174,944 66,123 6,765 -919 -18,488 - -856 19,418  
  Q4 -96,137 -17,134 -39,241 -39,847 2,188 -1,096 -165 - -1,730 81,121  
   
  2016 - -37,136 - - - -5,454 - - -2,829 92,146  
  Q1 -112,488 -17,735 -143,266 -141,210 -1,090 -442 -14,127 - 94 14,041  
  Q2 -7,828 -15,019 -87,411 149,217 8,330 -3,263 -12,516 - -459 12,513  
  Q3 -93,387 -1,798 6,017 80,010 7,333 -1,217 8,186 - -1,091 13,289  
  Q4 -21,490 c -2,584 -98,640 c -167,607 b - -533 3,756 f - -1,373 52,303  
   
                   As % of GDP 2013 -1.4 -5.0 -2.5 -0.8 4.4 -5.5 1.0 -1.4 -1.8 -3.9  
  2014 -0.6 -3.5 -2.2 -0.5 4.7 -4.3 0.6 -0.8 -1.8 1.6  
  2015 -0.9 -3.2 -2.6 1.1 4.5 -3.5 0.0 0.1 -3.4 2.9  
  Q1 -1.1 -4.2 -3.1 -1.9 0.3 0.9 -1.1 - 2.4 2.9  
  Q2 1.4 -1.4 0.0 5.4 8.8 -9.0 -1.6 - -0.8 -0.2  
  Q3 -1.2 -1.6 -5.8 2.0 6.8 -2.8 -1.2 - -4.8 1.8  
  Q4 -2.6 -5.6 -1.3 -1.1 2.1 -3.2 0.0 - -9.0 6.0  
   
  2016 - - - - - - - - -3.8 2.0  
  Q1 -3.4 -6.1 -4.9 -4.0 -1.1 -1.2 -0.9 - 0.6 1.7  
  Q2 -0.2 -5.0 -2.8 4.3 8.4 -9.3 -3.1 - -2.5 1.2  
  Q3 -2.7 -0.6 0.2 2.3 7.4 -3.3 2.0 - -5.7 1.1  
  Q4 - - - - - - - - -6.5 3.6  
                                                 
                                                 
  a January c October-November e End-October    
  b October d End-January f End-November  
   
1 Per International Merchandise Trade Statistics  
2 Net FDI flows refer to non-resident placements less non-resident withdrawals of equity, reinvestment of earnings and other capital.  
3 Net FPI flows refer to non-resident placements less non-resident withdrawals of equity securities and debt securities.  
4 Philippine data were revised to reflect new treatment of Hybrid Tier 1 accounts beginning March 2006.  
5 Import cover refers to number of months of average imports of goods  
6 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).
7 Treasury-Bill Rates (91 Days) for Philippines  
- not available  
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