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SELECTED PHILIPPINE EXTERNAL DEBT RATIOS 1/ |
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In
million US dollars at end of period |
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Jan - Mar |
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2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
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2023r/ |
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2024p/ |
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I. |
External Debt (ED)
2/3/ |
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77,674 |
77,474 |
74,763 |
73,098 |
78,960 |
83,618 |
98,488 |
106,428 |
111,268 |
125,394 |
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118,812 |
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128,692 |
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Of which Short Term Loans (ST) |
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16,248 |
15,099 |
14,526 |
14,275 |
16,068 |
17,208 |
14,209 |
15,090 |
16,619 |
17,096 |
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17,353 |
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17,098 |
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II. |
Debt Service Burden (DSB) |
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6,354 |
5,584 |
7,188 |
7,309 |
8,116 |
8,702 |
7,535 |
9,117 |
8,483 |
14,752 |
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4,365 |
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3,288 |
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Annualized DSB based on DES figs |
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14,752 |
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11,581 |
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13,675 |
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Principal |
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3,571 |
2,998 |
4,602 |
4,768 |
5,180 |
5,632 |
4,948 |
6,959 |
4,613 |
7,713 |
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2,779 |
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1,473 |
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Interest |
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2,782 |
2,587 |
2,586 |
2,541 |
2,936 |
3,069 |
2,588 |
2,157 |
3,871 |
7,039 |
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1,586 |
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1,815 |
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III. |
Export of Goods, and
Receipts from Services and Primary Income (XGSI) |
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101,309 |
99,563 |
102,876 |
117,363 |
123,028 |
129,449 |
112,981 |
122,222 |
135,329 |
144,164 |
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33,363 |
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36,905 |
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IV. |
Current Account Receipts (CAR) |
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107,546 |
105,851 |
108,905 |
124,126 |
129,980 |
136,889 |
119,867 |
130,082 |
143,234 |
152,101 |
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35,508 |
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38,827 |
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V. |
Gross National Income (GNI) 4/ |
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331,766 |
341,467 |
354,013 |
364,719 |
383,817 |
414,552 |
389,166 |
408,174 |
428,117 |
485,155 |
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110,882 |
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122,694 |
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VI. |
Gross Domestic Product (GDP) 4/ |
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297,484 |
306,446 |
318,627 |
328,481 |
346,842 |
376,823 |
361,751 |
394,086 |
404,284 |
437,146 |
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102,372 |
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109,180 |
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VII. |
Gross International Reserves (GIR) 2/ |
79,541 |
80,667 |
80,692 |
81,570 |
79,193 |
87,840 |
110,117 |
108,794 |
96,149 |
103,753 |
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101,548 |
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104,068 |
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VIII. |
Ratios (%) |
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DSB to XGSI |
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6.3 |
5.6 |
7.0 |
6.2 |
6.6 |
6.7 |
6.7 |
7.5 |
6.3 |
10.2 |
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13.1 |
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8.9 |
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DSB to CAR |
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5.9 |
5.3 |
6.6 |
5.9 |
6.2 |
6.4 |
6.3 |
7.0 |
6.0 |
9.7 |
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12.3 |
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8.5 |
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DSB to GNI 4/ |
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1.9 |
1.6 |
2.0 |
2.0 |
2.1 |
2.1 |
1.9 |
2.2 |
2.0 |
3.0 |
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3.9 |
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2.7 |
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DSB to GDP 4/ |
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2.1 |
1.8 |
2.3 |
2.2 |
2.3 |
2.3 |
2.1 |
2.3 |
2.1 |
3.4 |
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4.3 |
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3.0 |
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GIR to DSB |
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1,251.9 |
1,444.5 |
1,122.5 |
1,116.0 |
975.8 |
1,009.5 |
1,461.3 |
1,193.4 |
1,119.7 |
703.3 |
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876.9 |
a/ |
761.0 |
a/ |
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GIR to ST 5/ |
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413.3 |
409.5 |
418.2 |
419.3 |
364.9 |
396.5 |
520.2 |
552.2 |
395.1 |
353.6 |
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427.4 |
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379.3 |
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ED to GNI 4/ |
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23.4 |
22.7 |
21.1 |
20.0 |
20.6 |
20.2 |
25.3 |
26.1 |
26.0 |
25.8 |
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27.1 |
a/ |
25.9 |
a/ |
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ED to GDP 4/ |
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26.1 |
25.3 |
23.5 |
22.3 |
22.8 |
22.2 |
27.2 |
27.0 |
27.5 |
28.7 |
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28.9 |
a/ |
29.0 |
a/ |
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| 1/ |
In
March 2014, the BSP completed its shift to the BOP and International
Investment Position Manual, Sixth Edition (BPM6), covering BOP data from 2005. |
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| 2/ |
As of
end-of-period |
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| 3/ |
Based on
revised concept |
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| 4/ |
GDP and
GNI values and ratios were revised to reflect data revisions/updates in the
National Accounts of the Philippines released by the Philippine Statistics
Authority. |
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| a/ |
Based on
year-to-date DSB and XGSI |
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| 5/ |
Computed using ST debt based on the
remaining maturity concept. ST accounts under the remaining maturity concept
consist of loans with original maturities of one (1) year or less |
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plus
amortizations on medium- and long-term accounts falling due within the next
12 months starting April 2024. |
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| a/ |
For
comparability with annual figures, GNI, GDP and DSB were annualized. |
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| r/ |
Revised |
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| p/ |
Preliminary |
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| Source:
International Operations Department |
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