Economic & Financial Data of the Philippines

NATIONAL SUMMARY DATA PAGE

Frequency: Daily

Last Updated: February 21, 2020

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 Q4/19 2,654,444 2,354,301 PSA
Gross Domestic Product
(At current prices)
In millions of pesos Q4/19 5,282,837 4,497,694 PSA
Production Index 1/
2000 base year
average index Dec/19 178.9 186.7 r/ PSA
Employment 2/ In thousands of persons Q3/19 43,146 42,953 PSA
Unemployment 2/ In thousands of persons Q3/19 2,050 2,432 PSA
Wages/ Earnings 3/
(Average Monthly Wage Rates in Selected Occupations)
monthly average, in pesos 2016 15,375 14,116 PSA
Consumer Price Index
2012 base year
monthly average index Jan/20 122.6 121.9 PSA
Producers Price Index 1/
2000 base year
monthly average index Dec/19 133.1 133.2 r/ PSA
FISCAL SECTOR 
Public Sector Operations          
Revenues In billions of pesos 2017 2,473,132 2,195,914 DOF
Expenditures In billions of pesos 2017 2,823,769 2,549,336 DOF
Total Surplus (+) / Deficit (-) In billions of pesos 2017 -350,637 -353,422 DOF
Balance Surplus (+) / Deficit (-) of the Non Financial Public Enterprises In billions of pesos 2017     DOF
Financing 4/ In billions of pesos 2017 663,929 220,938 DOF
External (Net) In billions of pesos 2017 27,569 -24,113 DOF
Domestic (Net)  In billions of pesos 2017 636,360 245,051 DOF
Bank In billions of pesos 2017     DOF
Non-Bank In billions of pesos 2017     DOF
Central Government Operations
Revenue In millions of pesos Nov/19 304,749 261,553 BTr
Expenditures In millions of pesos Nov/19 365,632 310,815 BTr
Balance Surplus (+) / Deficit (-) In millions of pesos Nov/19 -60,883 -49,262 BTr
Financing In millions of pesos Nov/19 59,498 49,262 BTr
External (Net) In millions of pesos Nov/19 -902 -1,169 BTr
Domestic (Net) 5/ In millions of pesos Nov/19 60,400 50,431 BTr
Bank In millions of pesos Nov/19 57,854 90,024 BTr
Non-Bank In millions of pesos Nov/19 2,207 1,976 BTr
Central Government Debt
Total In millions of pesos Nov/19 7,709,645 7,906,077 BTr
Domestic Debt In millions of pesos Nov/19 5,115,618 5,304,774 BTr
Short term In millions of pesos Nov/19 506,170 530,380 BTr
Medium term In millions of pesos Nov/19 1,241,374 1,241,374 BTr
Long term In millions of pesos Nov/19 3,368,074 3,533,020 BTr
Foreign Debt  In millions of pesos Nov/19 2,594,027 2,601,303 BTr
Debt guaranteed by central government In millions of pesos Nov/19 474,997 477,652 BTr
Domestic In millions of pesos Nov/19 246,913 247,239 BTr
Foreign In millions of pesos Nov/19 228,084 230,413 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 Nov/19 17,524,323 p/ 17,231,857 r/ BSP
Currency and Transferable Deposits (M1) In millions of pesos Nov/19 4,260,516 p/ 4,134,073 r/ BSP
Currency Outside Depository Corporations andDeposits (M2) In millions of pesos Nov/19 11,728,238 p/ 11,478,696 r/ BSP
Broad-Money Liabilities: Domestic Liquidity (M3) In millions of pesos Nov/19 12,390,768 p/ 12,124,745 r/ BSP
Net Claims on Central Government In millions of pesos Nov/19 2,119,014 p/ 1,968,435 r/ BSP
Claims on Other Sectors In millions of pesos Nov/19 10,626,921 p/ 10,482,482 r/ BSP
Net Foreign Assets In millions of pesos Nov/19 4,778,388 p/ 4,780,940 r/ BSP
Analytical Accounts of the Central Bank (Central Bank Survey- SRF based)
Net Foreign Assets In millions of pesos Jan/20 4,331,752 p/ 4,399,064 p/, r/ BSP
Domestic Claims In millions of pesos Jan/20 284,978 p/ 359,379 p/, r/ BSP
Reserve Money In millions of pesos Jan/20 3,072,616 p/ 3,238,050 p/, r/ BSP
Liabilities Other than Reserve Money In millions of pesos Jan/20 1,544,114 p/ 1,520,393 p/, r/ BSP
Interest rates
91 - day Treasury bills Weighted Average Interest Rate in percent per annum 02/10/20 3.115 3.187  
Fixed-Rate Treasury Bonds Coupon Rate in percent per annum       BSP
a. 2 years   02/22/14 1.625 8.5  
b. 3 years   01/07/20 4.75 4.75  
c. 4 years   10/03/17 4 3.375  
c. 5 years   10/15/19 4.25 6.25  
d. 7 years   10/29/19 6.25 6.25  
e. 10 years   2/18/20 6.875 6.875  
f. 20 years   11/26/19 6.75 6.75  
BSP Rediscount Rate In percent per annum Jan/20 N.T. N.T. BSP
BSP Policy Rates 6/ In percent per annum       BSP
a. Lending (OLF)   02/21/20 4.25 4.25  
b. Borrowing (RRP)   02/21/20 3.75 3.75  
Stock Market: Share Price Index
Composite Index 7/ September 30, 1994=100 02/21/20 7369.78 7413.00 PSEBSP
EXTERNAL SECTOR 
Balance of Payments */
Overall Balance of Payments In millions of US$ Q3/19 778 991 BSP-BOP
Current Account In millions of US$ Q3/19 654 24 BSP
Net Goods and Services In millions of US$ Q3/19 -7,569 -7,865 BSP
Net Goods In millions of US$ Q3/19 -11,774 -11,291 BSP
Exports of Goods In millions of US$ Q3/19 13,861 13,740 BSP
Imports of Goods In millions of US$ Q3/19 25,635 25,031 BSP
Net Services In millions of US$ Q3/19 4,205 3,426 BSP
Exports of Services In millions of US$ Q3/19 11,097 9,824 BSP
Imports of Services In millions of US$ Q3/19 6,892 6,399 BSP
Net Primary Income In millions of US$ Q3/19 1,272 1,217 BSP
Net Secondary Income In millions of US$ Q3/19 6,951 6,672 BSP
Net Capital Account In millions of US$ Q3/19 17 18 BSP
Financial Account In millions of US$ Q3/19 -848 -329 BSP
Net Direct Investments In millions of US$ Q3/19 -748 -677 BSP
Net Portfolio Investments In millions of US$  Q3/19 895 -1,176 BSP
Net Financial Derivatives In millions of US$ Q3/19 -60 -42 BSP
Net Other Investments In millions of US$ Q3/19 -935 1,566 BSP
Change in Net Reserves In millions of US$ Q3/19 778 991 BSP
International Reserves and Foreign Currency Liquidity
Gross International Reserves (Official Reserve Assets) In millions of US$ Jan/20 86,423 p/ 87,840 BSP
International Reserves and Foreign Currency Liquidity (Complete template) In millions of US$ Dec/19 BSP BSP BSP
International Investment Position (IIP) In millions of US$ Q3/19 -33,896 -39,290 BSP
Assets In millions of US$ Q3/19 192,765 188,872 BSP
Direct Investment In millions of US$ Q3/19 56,123 55,405 BSP
Portfolio Investment In millions of US$ Q3/19 25,247 23,207 BSP
Financial Derivatives In millions of US$ Q3/19 421 375 BSP
Other Investment In millions of US$ Q3/19 25,391 24,954 BSP
Reserve Assets In millions of US$ Q3/19 85,582 84,932 BSP
Liabilities In millions of US$ Q3/19 226,661 228,163 BSP
Direct Investment In millions of US$ Q3/19 90,033 89,576 BSP
Portfolio Investment In millions of US$ Q3/19 81,275 83,186 BSP
Financial Derivatives In millions of US$ Q3/19 443 384 BSP
Other Investment In millions of US$ Q3/19 54,909 55,016 BSP
External Debt
External Debt In millions of US$ Q3/19 82,674 81,259 BSP
Merchandise Trade
Total Exports In millions of US$ (F.O.B.) Dec/19 5,742.29 5,615.15 PSA
Total Imports In millions of US$ (F.O.B.) Dec/19 8,219.98 8,938.34 PSA
Trade Balance In millions of US$ (F.O.B) Dec/19 -2,477.69 -3,323.19 PSA
Exchange Rates
Peso per US $ 8/ weighted average interbank rates 02/21/20 50.622 50.573 BSP
Forward Rates         BSP
Population 9/ In millions 1/8/2015 100,981,437   PSA

*/ 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