Philippines: International Investment Position (BPM6)
	as of periods indicated
	In million US dollars
		2018					2019					2020 p					2021 p
		Mar	Jun	Sep	Dec		Mar	Jun	Sep	Dec		Mar	Jun	Sep	Dec		Mar	Jun	Sep
	Assets	171,908	169,628	170,912	176,134		183,252	187,882	191,960	195,615		196,862	205,984	219,429	234,435		230,806	235,267	238,721
	Direct Investment	50,650	51,389	52,544	52,057		54,211	55,659	56,394	58,018		56,037	58,609	60,739	63,966		64,192	65,117	65,634
	Equity and investment fund shares	22,245	22,570	23,110	21,814		23,397	23,981	24,034	25,361		22,697	24,840	25,778	27,707		28,059	28,583	28,666
	Debt instruments	28,405	28,819	29,434	30,243		30,814	31,677	32,360	32,657		33,340	33,769	34,961	36,258		36,133	36,533	36,968
	Portfolio Investment	17,605	18,259	19,606	20,831		21,693	21,371	23,324	23,369		22,659	24,330	28,158	29,816		33,298	34,628	34,382
	Equity and investment fund shares	1,405	1,595	1,763	1,618		1,893	1,526	1,951	2,424		2,310	2,172	2,593	3,137		3,344	3,552	3,597
	Debt securities	16,200	16,663	17,843	19,213		19,799	19,845	21,373	20,945		20,349	22,158	25,565	26,679		29,954	31,076	30,785
	Financial derivatives (other than reserves)
	and employee stock options	368	393	367	428		355	375	421	291		843	619	476	325		282	276	322
	Other Investment	22,773	22,062	23,456	23,624		23,379	25,546	26,239	26,097		28,461	28,956	29,613	30,211		28,549	29,483	31,787
	Reserve Assets	80,511	77,525	74,939	79,193		83,613	84,932	85,582	87,840		88,861	93,470	100,443	110,117		104,484	105,763	106,596
	Liabilities	205,998	198,470	205,847	224,684		225,782	229,588	228,646	234,378		210,713	224,802	229,742	253,996		245,727	257,999	259,805
	Direct Investment	77,387	77,966	79,973	83,121		86,829	90,152	90,800	94,593		88,137	94,484	96,375	103,193		102,018	105,507	106,086
	Equity and investment fund shares	48,987	46,711	46,913	48,957		51,439	53,767	53,199	55,780		48,543	53,792	54,503	60,772		58,394	60,656	58,745
	Debt instruments	28,401	31,255	33,061	34,164		35,390	36,386	37,601	38,814		39,594	40,692	41,872	42,422		43,624	44,852	47,340
	Portfolio Investment	79,466	72,574	74,727	87,632		82,859	84,036	82,493	84,073		68,299	74,311	74,831	89,132		83,351	90,914	89,909
	Equity and investment fund shares	53,062	46,201	47,463	58,062		53,543	54,040	50,862	51,794		36,273	40,279	38,882	47,217		42,241	46,278	44,653
	Debt securities	26,404	26,373	27,263	29,570		29,317	29,996	31,631	32,279		32,026	34,033	35,949	41,914		41,110	44,636	45,256
	Financial derivatives (other than reserves)
	and employee stock options	268	260	233	341		277	384	443	308		958	735	605	450		302	269	252
	Other Investment	48,877	47,669	50,914	53,591		55,817	55,016	54,909	55,403		53,318	55,272	57,930	61,221		60,055	61,309	63,558
	Net International Investment Position	-34,090	-28,842	-34,935	-48,551		-42,530	-41,706	-36,685	-38,763		-13,850	-18,818	-10,313	-19,561		-14,921	-22,733	-21,084
	Note: Details may not add up to total due to rounding.
	p Preliminary