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Philippines Current Account Balance (% GDP) Statistics

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Country or Region: Philippines › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Philippines indicators, › See Current Account Balance (% GDP) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Philippines Peso
Currency Symbol: PHP

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Philippines , Year 2010 - In Detail

Current Account Balance (% GDP) for Philippines in year 2010 is 4.486 %

This makes Philippines No. 33 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Philippines is 7.17 more than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Philippines was 5.81 % Current Account Balance (% GDP) for Philippines in 2010 was or will be 22.72% less than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Philippines was or will be 2.92 %, which is 35.02% less than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Philippines, in other Years
Year %
  2016 0.944
  2015 1.451
  2014 1.951
  2013 2.36
  2012 2.82
  2011 2.915
2010 4.486
  2009 5.805
  2008 2.177
  2007 4.94
  2006 4.549
  2005 2.008
  2004 1.873
  2003 0.362
  2002 -0.363
  2001 -2.449
  2000 -2.931
  1999 -3.774
  1998 2.268
  1997 -5.171
  1996 -4.577
  1995 -2.602
  1994 -4.446
  1993 -5.523
  1992 -1.874
  1991 -2.082
  1990 -6.091
  1989 -3.414
  1988 0.836
  1987 0.597
  1986 4.038
  1985 1.702
  1984 -0.517
  1983 -5.327
  1982 -5.349
  1981 -3.722
  1980 -7.657