Economic & Financial Data of the Philippines

NATIONAL SUMMARY DATA PAGE 

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Last updated: April 30, 2017

Economic and Financial Data of the Philippines

The data shown in this page correspond to the data described on the International Monetary Fund's (IMF) Dissemination Standards Bulletin Board (DSBB). For a fuller explanation of the DSBB and the statistical standards to which the Philippines has committed, please visit the DSBB Home Page.

[ Real Sector | Fiscal Sector | Financial Sector | External Sector | Population ]

Notes:
1. Data are not seasonally adjusted unless specified.
2. Data are final unless otherwise indicated.

SDDS Data Category and Component

Unit
Description

Observation

Link to Source

Date/ period of Latest Data Latest Data Previous Data

REAL SECTOR

National Accounts

Gross Domestic Product
(At constant 2000 prices)
In millions of pesos Q4/16 2,196,358 1,950,430 r/ PSA
Gross Domestic Product
(At current prices)
In millions of pesos Q4/16 4,093,725 3,478,019 r/ PSA
Production Index  1/
2000 base year
average index Feb/17 180.6 216.1 r/ PSA
Employment 2/ In thousands of persons Q4/16 39,347 41,664

PSA

Unemployment 2/ In thousands of persons Q4/16 2,761 2,040

PSA

Wages/ Earnings 3/  
(Average Monthly Wage Rates in Selected Occupations)
monthly average, in pesos Jul/14 14,116 13,888

BLES

Consumer Price Index
2006 base year
monthly average index Mar/17 147.5 147.2

PSA

Producers Price Index 1/
2000 base year
monthly average index Feb/17 138.9 138.3

PSA

FISCAL SECTOR

Public Sector Operations          
Revenues In billions of pesos 2014 2,433.35 2,144.58 DOF
Expenditures In billions of pesos 2014 2,316.78 2,034.29 DOF
Total Surplus (+) / Deficit (-) In billions of pesos 2014 116.57 110.29 DOF
  Balance Surplus (+) / Deficit (-) of the Non Financial Public Enterprises In billions of pesos 2014 61.61 DOF
Financing 4/ In billions of pesos 2014 182.90 319.12 DOF
  External (Net) In billions of pesos 2014 12.57 -83.82 DOF
  Domestic (Net)  In billions of pesos 2014 170.33 402.94 DOF
    Bank In billions of pesos 2014 n.a. BTr
    Non-Bank In billions of pesos 2014 n.a. BTr

Central Government Operations

Revenue In millions of pesos Feb/17 151,383 200,314 BTr
Expenditures In millions of pesos Feb/17 175,562 198,092 BTr
Balance Surplus (+) / Deficit (-) In millions of pesos Feb/17 -23,724 2,222 BTr
Financing In millions of pesos Feb/17 23,724 -2,222 BTr
   External (Net) In millions of pesos Feb/17 38,226 -7,552 BTr
   Domestic (Net) 5/ In millions of pesos Feb/17 -14,502 5,330 BTr
       Bank In millions of pesos Feb/17 44,703 49,149 BTr
       Non-Bank In millions of pesos Feb/17 8,087 1,243 BTr
Central Government Debt
Total In millions of pesos Feb/17 6,208,037 6,115,380 BTr
  Domestic Debt In millions of pesos Feb/17 3,985,091 3,953,159 BTr
    Short term In millions of pesos Feb/17 278,688 277,026 BTr
    Medium term In millions of pesos Feb/17 412,163 382,163 BTr
    Long term In millions of pesos Feb/17 3,294,240 3,293,970 BTr
  Foreign Debt  In millions of pesos Feb/17 2,222,946 2,162,221 BTr
Debt guaranteed by central government In millions of pesos Feb/17 521,826 519,111 BTr
  Domestic In millions of pesos Feb/17 232,160 233,128 BTr
  Foreign In millions of pesos Feb/17 289,666 285,983 BTr

FINANCIAL SECTOR

Analytical Accounts of the Depository Corporations Subsector (Banking Subsector) note

Total Liquidity Aggregates (M4) and Liabilities Excluded from Broad Money In millions of pesos Feb/17 13,693,877 p/ 13,553,216 r/ BSP
Currency and Transferable Deposits (M1) In millions of pesos Feb/17 3,053,016 p/ 3,032,916 r/ BSP
Currency Outside Depository Corporations andDeposits (M2) In millions of pesos Feb/17 9,076,707 p/ 9,002,704 r/ BSP
Broad-Money Liabilities: Domestic Liquidity (M3) In millions of pesos Feb/17 9,433,041 p/ 9,363,931 r/ BSP
Net Claims on Central Government In millions of pesos Feb/17 1,619,051 p/ 1,579,322 r/ BSP
Claims on Other Sectors In millions of pesos Feb/17 7,616,727 p/ 7,551,129 r/ BSP
Net Foreign Assets In millions of pesos Feb/17 4,458,098 p/ 4,422,765 r/ BSP

Analytical Accounts of the Central Bank (Central Bank Survey- SRF based)

Net Foreign Assets In millions of pesos Mar/17 3,991,264 p/ 4,022,430 r/ BSP
Domestic Claims In millions of pesos Mar/17 236,141 p/ 171,491 r/ BSP
Reserve Money In millions of pesos Mar/17 2,734,818 p/ 2,560,975 r/ BSP
Liabilities Other than Reserve Money In millions of pesos Mar/17 1,492,587 p/ 1,632,946 r/ BSP
Interest rates
91 - day Treasury bills Weighted Average Interest Rate in percent per annum March/13/2017 2.374 2.360  BSP
Fixed-Rate Treasury Bonds Coupon Rate in percent per annum       BSP
  a.  2 years   Apr/22/14 1.625 8.500  
  b. 3 years   Mar/07/17 3.375 3.375  
  c.  4 years   Dec/06/16 3.375 3.375  
  c.  5 years   Feb/21/17 4.000 4.000  
  d.  7 years   Oct/11/16 3.500 3.500  
  e.  10 years   Sep/6/16 3.500 3.625  
  f.  20 years   Jan/20/15 3.625 3.625  
BSP Rediscount Rate In percent per annum Mar/17 .. .. BSP
BSP Policy Rates 6/ In percent per annum       BSP
  a.   Lending (OLF)   Apr/25/17 3.500 3.500  
  b.   Borrowing (RRP)   Apr/25/17 3.000 3.000  

Stock Market: Share Price Index

Composite Index   7/    September 30, 1994=100 April/26/17 7,726.450 7,700.460 PSE/ BSP

EXTERNAL SECTOR

Balance of Payments */
Overall Balance of Payments In millions of US$ Mar/17 -550 -436 BSP-BOP
Current Account In millions of US$ Q4/16 -1,032 763 BSP
Net Goods and Services In millions of US$ Q4/16 -8,238 -6,129 BSP
Net Goods In millions of US$ Q4/16 -9,973 -7,943 BSP
       Exports of Goods In millions of US$ Q4/16 10,619 11,933 BSP
       Imports of Goods In millions of US$ Q4/16 20,592 19,876 BSP
Net Services In millions of US$ Q4/16 1,735 1,814 BSP
       Exports of Services In millions of US$ Q4/16 7,211 8,155 BSP
       Imports of Services In millions of US$ Q4/16 5,476 6,341 BSP
Net Primary Income In millions of US$ Q4/16 721 535 BSP
Net Secondary Income In millions of US$ Q4/16 6,485 6,357 BSP
Net Capital Account In millions of US$ Q4/16 24 28 BSP
Financial Account In millions of US$ Q4/16 54 849 BSP
Net Direct Investments In millions of US$ Q4/16 -1,829 -387 BSP
Net Portfolio Investments In millions of US$  Q4/16 -309 -634 BSP
Net Financial Derivatives In millions of US$ Q4/16 -78 -11 BSP
Net Other Investments In millions of US$ Q4/16 2,269 1,882 BSP
Change in Net Reserves In millions of US$ Q4/16 -2,068 1,014 BSP

International Reserves and Foreign Currency Liquidity

Gross International Reserves (Official Reserve Assets) In millions of US$ Mar/17 80,894 a/ 81,436 BSP
International Reserves and Foreign Currency Liquidity (Complete template) In millions of US$ Mar/17 BSP BSP BSP
International Investment Position (IIP) In millions of US$ Q4/16 -30,596 -26,818 BSP
   Assets In millions of US$ Q4/16 162,667 167,099 BSP
     Direct Investment In millions of US$ Q4/16 45,377 45,063 BSP
     Portfolio Investment In millions of US$ Q4/16 14,182 15,222 BSP
     Financial Derivatives In millions of US$ Q4/16 312 305 BSP
     Other Investment In millions of US$ Q4/16 22,105 20,370 BSP
     Reserve Assets In millions of US$ Q4/16 80,692 86,139 BSP
   Liabilities In millions of US$ Q4/16 193,263 193,917 BSP
     Direct Investment In millions of US$ Q4/16 64,249 65,530 BSP
     Portfolio Investment In millions of US$ Q4/16 79,075 77,229 BSP
     Financial Derivatives In millions of US$ Q4/16 249 275 BSP
     Other Investment In millions of US$ Q4/16 49,691 50,883 BSP
External Debt
External Debt In millions of US$ Q4/16 74,763 76,622 BSP
Merchandise Trade
Total Exports In millions of US$ (F.O.B.) Feb/17 4,782 5,191  PSA
Total Imports In millions of US$ (F.O.B.) Feb/17 6,511 7,660  PSA
Trade Balance In millions of US$ (F.O.B) Feb/17 -1,728 -2,469 PSA
Exchange Rates
Peso per US $  8/ weighted average interbank rates Apr/27/17 49.70 49.71 BSP
Forward Rates   BSP
Population 9/ In millions August/01/15 101.0 92.3 PSA

.. No Transaction
a/ Revised based on the final International Reserves (IR) report as of end-March 2017.
p/ Preliminary
r/ Revised to reflect latest end-month data


    n.a.

*/ Data are based on Balance of Payments and International Investments Position Manual, 6th Edition (BPM6)
1/ The Philippine Statistics Authority (PSA) is availing the flexibility option for this category.
2/ The periodicity of Employment and Unemployment data is every quarter particularly every January, April, July and October.  Previous data refers to the previous round of the Labor Force Survey and is not seasonally adjusted.  The reference period is the "past week" referring to the seven days preceding the date of visit of the enumerator.  Starting April 2005, the new unemployment definition was adopted per NSCB Resolution No. 15 dated October 20, 2004, to wit: the unemployed include all persons who are 15 years old and above as of their last birthday and are reported as (1) without work; AND (2) currently available for work; AND (3) seeking work OR not seeking work due to valid reasons.
3/ The data refers to the average monthly wage rate across the selected occupations in the selected industries.  The Philippines is using the "as relevant"  flexibility for this data and will publish wage rates statistics with a periodicity of two years and a timeliness of 12 months.
4/ January - November 2005. The data include only the financing of the national government, and the 14 monitored non-financial government corporations (MNGGCs).
5/ Breakdown of domestic financing was revised due to the change in the basis used for the calculation
6/ Beginning 3 June 2016, the BSP shifted its monetary operations to an interest rate corridor (IRC) system. The repurchase (RP) window was replaced by the standing overnight lending facility (OLF). Meanwhile, the reverse repurchase (RRP) facility was
modified to a purely overnight RRP.
7/ The Philippine Stock Exchange (PSE) is the primary source of data while the Bangko Sentral ng Pilipinas (BSP) compiles the data.  Daily updates are available at the BSP website.
8/ Daily updates and other convertible currencies with the BSP are available at the BSP website. 

9/ Population Projection by Single-Year Interval (Medium Assumption).  Previous data is for 2007.

 

 

Acronyms:

OWS Occupational Wages Survey
OPSF Oil Price Stabilization Fund
OLF Leading Facility
RRP Reverse Repurchase

Sources of Data:

PSA Philippine Statistics Authority
DOF Department of Finance
BTr Bureau of Treasury
BSP Bangko Sentral ng Pilipinas
PSE Philippine Stocks Exchange