Philippines Current Account Balance (US Dollars) Statistics

22, Oct 2018, EDT.

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Country or Region: Philippines › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Philippines indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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. Source: Central Bank. Accessed via CEIC Latest actual data: 2015 BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Philippine peso Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Philippines , Year 2015 - In Detail

Current Account Balance (US Dollars) for Philippines in year 2015 is US$ 8.396 Billion. 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.

This makes Philippines No. 25 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Philippines is US$ 1.36 more than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Philippines was US$ 10.76 Billion Current Account Balance (US Dollars) for Philippines in 2015 was or will be 21.96% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Philippines was or will be US$8.11 Billion, which is 3.42% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Philippines, in other Years
Year US$ Billion
  2021 8.558
  2020 8.619
  2019 8.705
  2018 8.56
  2017 8.441
  2016 8.109
2015 8.396
  2014 10.758
  2013 11.384
  2012 6.949
  2011 5.646
  2010 7.18
  2009 8.444
  2008 0.145
  2007 8.072
  2006 6.964
  2005 1.987
  2004 1.625
  2003 0.285
  2002 -0.282
  2001 -1.75
  2000 -2.228
  1999 -2.875
  1998 1.546
  1997 -4.351
  1996 -3.953
  1995 -1.98
  1994 -2.95
  1993 -3.016
  1992 -1
  1991 -1.034
  1990 -2.695
  1989 -1.456
  1988 -0.39
  1987 -0.444
  1986 0.952
  1985 -0.036
  1984 -1.294
  1983 -2.771
  1982 -3.2
  1981 -2.061
  1980 -1.904