Economic & Financial Data of the Philippines

NATIONAL SUMMARY DATA PAGE 

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Last updated: October 18, 2018

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 Q2/18 2,352,509 2,140,429 r/ PSA
Gross Domestic Product
(At current prices)
In millions of pesos Q2/18 4,323,509 3,914,600 r/ PSA
Production Index  1/
2000 base year
average index Jul/18 205.8 196.6 r/ PSA
Employment 2/ In thousands of persons Q2/18 40,659 40,896

PSA

Unemployment 2/ In thousands of persons Q2/18 2,323 2,360

PSA

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

PSA

Consumer Price Index
2006 base year
monthly average index Sep/18 119.5 118.4

PSA

Producers Price Index 1/
2000 base year
monthly average index Aug/18 132.8 132.7 r/

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 Aug/18 256,875 241,743 BTr
Expenditures In millions of pesos Aug/18 259,462 328,126 BTr
Balance Surplus (+) / Deficit (-) In millions of pesos Aug/18 -2,587 -86,383 BTr
Financing In millions of pesos Aug/18 2,587 86,383 BTr
   External (Net) In millions of pesos Aug/18 71,688 20,975 BTr
   Domestic (Net) 5/ In millions of pesos Aug/18 -69,081 65,408 BTr
       Bank In millions of pesos Aug/18 84,147 60,510 BTr
       Non-Bank In millions of pesos Aug/18 5,853 6,059 BTr
Central Government Debt
Total In millions of pesos Aug/18 7,103,854 7,043,586 BTr
  Domestic Debt In millions of pesos Aug/18 4,572,926 4,600,534 BTr
    Short term In millions of pesos Aug/18 430,469 402,273 BTr
    Medium term In millions of pesos Aug/18 875,717 845,717 BTr
    Long term In millions of pesos Aug/18 3,266,740 3,352,544 BTr
  Foreign Debt  In millions of pesos Aug/18 2,530,928 2,443,052 BTr
Debt guaranteed by central government In millions of pesos Aug/18 484,968 483,899 BTr
  Domestic In millions of pesos Aug/18 188,014 189,286 BTr
  Foreign In millions of pesos Aug/18 296,954 294,613 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 Aug/18 15,881,444 p/ 15,802,942 r/ BSP
Currency and Transferable Deposits (M1) In millions of pesos Aug/18 3,682,954 p/ 3,727,128 r/ BSP
Currency Outside Depository Corporations andDeposits (M2) In millions of pesos Aug/18 10,686,793 p/ 10,638,212 r/ BSP
Broad-Money Liabilities: Domestic Liquidity (M3) In millions of pesos Aug/18 11,154,831 p/ 11,102,851 r/ BSP
Net Claims on Central Government In millions of pesos Aug/18 1,780,231 p/ 1,854,281 r/ BSP
Claims on Other Sectors In millions of pesos Aug/18 9,569,942 p/ 9,470,124 r/ BSP
Net Foreign Assets In millions of pesos Aug/18 4,531,271 p/ 4,478,537 r/ BSP

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

Net Foreign Assets In millions of pesos Sep/18 3,989,175 p/ 4,091,231 r/ BSP
Domestic Claims In millions of pesos Sep/18 237,265 p/ 87,616 r/ BSP
Reserve Money In millions of pesos Sep/18 3,017,687 p/ 2,988,198 r/ BSP
Liabilities Other than Reserve Money In millions of pesos Sep/18 1,208,753 p/ 1,190,649 r/ BSP
Interest rates
91 - day Treasury bills Weighted Average Interest Rate in percent per annum August/20/2018 3.203 3.244  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   May/08/18 4.250 4.250  
  c.  4 years   Oct/03/17 4.000 3.375  
  c.  5 years   Aug/14/18 5.500 5.500  
  d.  7 years   Jun/13/18 5.750 5.750  
  e.  10 years   May/22/18 6.250 6.250  
  f.  20 years   Jun/19/18 6.500 6.500  
BSP Rediscount Rate In percent per annum Aug/18 4.547 4.109 BSP
BSP Policy Rates 6/ In percent per annum       BSP
  a.   Lending (OLF)   10/17/18 5.000 5.000  
  b.   Borrowing (RRP)   10/17/18 4.500 4.500  

Stock Market: Share Price Index

Composite Index   7/    September 30, 1994=100 October/17/18 7,099.680 6,987.020 PSE/ BSP

EXTERNAL SECTOR

Balance of Payments */
Overall Balance of Payments In millions of US$ Aug/18 1,272 -455 BSP-BOP
Current Account In millions of US$ Q2/18 -2,931 -155 BSP
Net Goods and Services In millions of US$ Q2/18 -10,080 -7,377 BSP
Net Goods In millions of US$ Q2/18 -12,901 -10,423 BSP
       Exports of Goods In millions of US$ Q2/18 12,847 12,492 BSP
       Imports of Goods In millions of US$ Q2/18 25,748 22,915 BSP
Net Services In millions of US$ Q2/18 2,821 3,046 BSP
       Exports of Services In millions of US$ Q2/18 9,427 9,446 BSP
       Imports of Services In millions of US$ Q2/18 6,606 6,400 BSP
Net Primary Income In millions of US$ Q2/18 613 734 BSP
Net Secondary Income In millions of US$ Q2/18 6,536 6,487 BSP
Net Capital Account In millions of US$ Q2/18 -1 0 BSP
Financial Account In millions of US$ Q2/18 -757 505 BSP
Net Direct Investments In millions of US$ Q2/18 -3,048 -1,032 BSP
Net Portfolio Investments In millions of US$  Q2/18 1,093 2,001 BSP
Net Financial Derivatives In millions of US$ Q2/18 16 -69 BSP
Net Other Investments In millions of US$ Q2/18 1,183 -396 BSP
Change in Net Reserves In millions of US$ Q2/18 -2,030 -1,227 BSP

International Reserves and Foreign Currency Liquidity

Gross International Reserves (Official Reserve Assets) In millions of US$ Sep/18 75,161 p/ 77,934 BSP
International Reserves and Foreign Currency Liquidity (Complete template) In millions of US$ Aug/18 BSP BSP BSP
International Investment Position (IIP) In millions of US$ Q2/18 -28,369 -33,871 BSP
   Assets In millions of US$ Q2/18 169,856 172,008 BSP
     Direct Investment In millions of US$ Q2/18 50,971 50,630 BSP
     Portfolio Investment In millions of US$ Q2/18 18,453 17,732 BSP
     Financial Derivatives In millions of US$ Q2/18 393 368 BSP
     Other Investment In millions of US$ Q2/18 22,513 22,767 BSP
     Reserve Assets In millions of US$ Q2/18 77,525 80,511 BSP
   Liabilities In millions of US$ Q2/18 198,225 205,878 BSP
     Direct Investment In millions of US$ Q2/18 77,722 77,268 BSP
     Portfolio Investment In millions of US$ Q2/18 72,574 79,466 BSP
     Financial Derivatives In millions of US$ Q2/18 260 268 BSP
     Other Investment In millions of US$ Q2/18 47,669 48,877 BSP
External Debt
External Debt In millions of US$ Q2/18 72,199 73,196 BSP
Merchandise Trade
Total Exports In millions of US$ (F.O.B.) Aug/18 6,163 5,851  PSA
Total Imports In millions of US$ (F.O.B.) Aug/18 9,677 9,397  PSA
Trade Balance In millions of US$ (F.O.B) Aug/18 -3,513 -3,546 PSA
Exchange Rates
Peso per US $  8/ weighted average interbank rates Oct/18/18 53.89 54.04 BSP
Forward Rates   BSP
Population 9/ In millions August/01/15 101.0 92.3 PSA

p/ Preliminary
r/ Revised to reflect latest end-month data
preliminary


    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