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Economic & Financial Data of the Philippines
NATIONAL SUMMARY DATA PAGE ![]()
Last updated: 3 Jul 2009 1625
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 |
Observation |
Link to Source |
||
| Date/period of Latest Data | Latest Data | Previous Data | |||
National Accounts |
|||||
Gross Domestic
Product |
In millions of pesos |
Q1/09 |
334,376 | 388,948r/ | |
Gross Domestic
Product |
In millions of pesos |
Q1/09 |
1,739,924 | 2,075,522r/ |
|
Production
Index 1/ |
average index |
Apr/09 |
71.9 | 72.1r/ |
|
Employment 2/ |
In thousands of persons |
Q1/09 |
34,993p/ | 34,258 | |
Unemployment 2/ |
In thousands of persons |
Q1/09 |
2,830p/ | 2,855 | |
Wages/ Earnings 3/ |
monthly average, in pesos |
Aug - 2006 |
10,629 a/ | 10,161 a/ | |
Consumer
Price Index |
monthly average index |
May/09 |
158.8 |
158.9 |
|
Producers
Price Index 1/ |
monthly average index |
Apr/09 |
171.2 | 170.7r/ |
|
| Public Sector Operations | |||||
|
Revenues |
In billions of pesos | 2007 | 2,056.9 p/ | 1,700.9 4/ | |
|
Expenditures |
In billions of pesos | 2007 | 1,906.9 p/ | 1,695.6 4/ | |
|
Total Surplus (+) / Deficit (-) |
In billions of pesos | 2007 | 150.0 p/ | 5.3 4/ | |
|
Balance Surplus (+) / Deficit (-) of the Non Financial Public Enterprises |
In billions of pesos | 2007 | 117.7 | -3.2 | |
|
Financing 5/ |
In billions of pesos | 2007 | 43.4 p/ | 117.6 p/ | |
|
External (Net) |
In billions of pesos | 2007 | 41.1 p/ | 116.2 p/ | |
|
Domestic (Net) |
In billions of pesos | 2007 | 2.3 p/ | 1.4 p/ | |
|
Bank |
In billions of pesos | 2007 | BTr | ||
|
Non-Bank |
In billions of pesos | 2007 | BTr | ||
|
Central Government Operations |
|||||
|
Revenue |
In millions of pesos |
May/09 | 104,212 | 116,581 | BTr |
|
Expenditures |
In millions of pesos | May/09 | 115,596 | 108,677 | BTr |
|
Balance Surplus (+) / Deficit (-) |
In millions of pesos | May/09 | -11,384 | 7,904 | BTr |
|
Financing |
In millions of pesos | May/09 | 11,384 | -7,904 | BTr |
|
External (Net) |
In millions of pesos | May/09 | -2,660 | 3,248 | BTr |
|
Domestic (Net) 6/ |
In millions of pesos | May/09 | 14,044 | -11,152 | BTr |
|
Bank |
In millions of pesos4 | May/09 | n.a. | -10,093 | BTr |
|
Non-Bank |
In millions of pesos | May/09 | n.a. | -1,059 | BTr |
|
Central Government Debt |
|||||
|
Total |
In millions of pesos |
Mar/09 | 4,228,597 | 4,164,072 | BTr |
|
Domestic Debt |
In millions of pesos |
Mar/09 | 2,386,979 | 2,293,619 | BTr |
| Short term | In millions of pesos | Mar/09 | 767,800 | 728,551 | BTr |
| Medium term | In millions of pesos | Mar/09 | 693,829 | 668,434 | BTr |
| Long term | In millions of pesos | Mar/09 | 925,350 | 896,634 | BTr |
|
Foreign Debt |
In millions of pesos |
Mar/09 | 1,841,618 | 1,870,453 | BTr |
|
Debt guaranteed by central government |
In millions of pesos |
Mar/09 | 552,887 | 553,974 | BTr |
|
Domestic |
In millions of pesos |
Mar/09 | 89,051 | 92,807 | BTr |
|
Foreign |
In millions of pesos |
Mar/09 | 463,836 | 461,167 | BTr |
|
Analytical Accounts of the Depository Corporations Subsector (Banking Subsector) note |
|||||
|
Liquidity Aggregates (Total Liquidity) |
In millions of pesos |
May/09 | 4,682,036 | 4,511,995 | |
|
Currency and Transferable Deposits [Narrow Money (M1)] |
In millions of pesos | May/09 | 1,063,516 | 1,055,455 | |
|
Currency Outside Depository Corpostations and Deposits [Broad Money (M2)] |
In millions of pesos | May/09 | 3,485,724 | 3,413,705 | |
|
Broad-Money Liabilities [Domestic Liquidity (M3)] |
In millions of pesos | May/09 | 3,554,525 | 3,483,001 | |
|
Net Claims on the Public Sector [Domestic Credit to the Public Sector] |
In millions of pesos | May/09 | 1,281,440 | 1,217,806 | |
|
Claims on Other Sectors [Domestic Credit to the Private Sector] |
In millions of pesos | May/09 | 2,529,224 | 2,499,089 | |
|
Net Foreign Assets |
In millions of pesos | May/09 | 2,198,262 | 2,119,953 | |
|
Analytical Accounts of the Central Bank (Monetary Authorities Survey) |
|||||
|
Reserve money |
In millions of pesos | May/09 |
900,734 c/ |
891,877d/ |
BSP |
|
Net Domestic Assets |
In millions of pesos | May/09 |
-888,235 c/ |
-906,918 d/ |
BSP |
|
Net Foreign Assets |
In millions of pesos | May/09 | 1,788,969 c/ | 1,798,795 d/ | BSP |
| Interest rates | |||||
| 91 - day Treasury bills |
Weighted Average Interest Rate in percent per annum |
Jun/29/09 | 4.5 | 4.494 | |
| Fixed-Rate Treasury Bonds |
Coupon Rate in percent per annum |
||||
| a. 2 years | Jul/10/07 | ||||
| b. 3 years | Apr/1/09 | ||||
| c. 5 years | May/12/09 | 6.25 | |||
| d. 7 years | Feb/09/09 | ||||
| e. 10 years | Apr/28/09 | 7.875 | |||
| f. 20 years | May/26/09 | 9.5 | |||
| BSP Rediscount Rate |
In percent per annum |
Apr/09 | 4.136 | ||
| BSP Policy Rates |
In percent per annum |
||||
| a. Lending (RP O-nite) | Jul/2/09 | 6.25 | 6.25 | ||
| b. Borrowing (RRP O-nite) | Jul/2/09 | 4.25 | 4.25 | ||
|
Stock Market: Share Price Index |
|||||
|
Composite Index 7/ |
September 30, 1994=100 |
Jun/02/09 |
2490.42 | 2458.65 | |
|
Balance of Payments |
|||||
|
Balance of Payments Position (change in BSP-NIR) |
In millions of US$ |
May/09 |
-55 | 466 | |
| Overall Balance of Payments | In millions of US$ | Q1/09 | 1,732 | -1,451 | |
|
Goods and Services, net |
In millions of US$ |
Q1/09 |
-1,365 | -1,708 | |
|
a. Goods, net |
In millions of US$ |
Q1/09 |
-2,128 | -2,109 | |
|
a.1 Exports by Major Commodity Group |
In millio0ns of US$ |
Q1/09 |
7,744 | 9,973 | |
|
a.2 Imports by Major Commodity Group |
In millions of US$ |
Q1/09 |
9,872 | 12,082 | |
|
b. Services, net |
In millions of US$ |
Q1/09 |
763 | 401 | |
| b.1 Exports | In millions of US$ |
Q1/09 |
2,672 | 2,504 | BSP |
| b.2 Imports | In millions of US$ |
Q1/09 |
1,909 | 2,103 | BSP |
|
Net income receipts |
In millions of US$ | Q1/09 | -308 | 6 | |
|
Net receipts from current transfers |
In millions of US$ |
Q1/09 |
3,841 | 3,984 | |
| Net capital transfers | In millions of US$ |
Q1/09 |
17 | 7 | |
| Non-produced/Non-financial assets | In millions of US$ |
Q1/09 |
0 | -2 | |
| Net direct investments | In millions of US$ |
Q1/09 |
-8 | 201 | |
| Net portfolio investments | In millions of US$ |
Q1/09 |
-146 | -1,500 | |
| Financial Derivatives | In millions of US$ | Q1/09 | 30 | -198 | |
| Net other investments | In millions of US$ | Q1/09 | -651 | -1,770 | |
| Transactions in Reserve Assets and Liabilities | In millions of US$ |
Q1/09 |
1,732 | -1,451 | |
|
International Reserves and Foreign Currency Liquidity |
|||||
|
Gross International Reserves (Official Reserve Assets) |
In millions of US$ | May/09 | 39,589 e/ | 39,316 | |
|
International Reserves and Foreign Currency Liquidity (Complete template) |
In millions of US$ |
May/09 |
|||
|
International Investment Position (IIP) 8/ |
In millions of US$ |
2007 |
-27,351 | -31,320 r/ | |
|
Assets |
In millions of US$ |
2007 |
67.095 | 50,417 r/ | |
| Direct Investment | In millions of US$ |
2007 |
5,573 | 2,131 r/ | BSP |
| Portfolio Investment | In millions of US$ | 2007 | 6,614 | 6,891 r/ | BSP |
| Equity Securities | In millions of US$ | 2007 | 196 | 119 r/ | BSP |
| Debt Securities | In millions of US$ | 2007 | 6,418 | 6,772 r/ | BSP |
| Other Investment | In millions of US$ | 2007 | 21,157 | 18,428 r/ | BSP |
| Reserve Assets | In millions of US$ | 2007 | 33,751 | 22,967 | BSP |
| Liabilities | In millions of US$ | 2007 | 94,446 | 81,737 r/ | BSP |
| Direct Investment | In millions of US$ | 2007 | 19,950 | 16,914 r/ | BSP |
| Portfolio Investment | In millions of US$ | 2007 | 33,615 | 28,797 r/ | BSP |
| Equity Securities | In millions of US$ | 2007 | 10,155 | 6,870 r/ | BSP |
| Debt Securities | In millions of US$ | 2007 | 23,460 | 21,927 r/ | BSP |
| Other Investment | In millions of US$ | 2007 | 40,881 | 36,026 r/ | BSP |
| External Debt | |||||
|
External Debt |
In millions of US$ | Q1/09 | 52,483 | 53,856 | |
| Merchandise Trade | |||||
|
Total Exports |
In millions of US$ (F.O.B.) |
Apr/09 | 2,803 p/ | 2,907 r/ | |
|
Total Imports |
In millions of US$ (F.O.B.) |
Apr/09 | 3,041 p/ | 3,270 r/ | |
|
Trade Balance |
In millions of US$ (F.O.B) |
Apr/09 | -238 p/ | -363 r/ | |
| Exchange Rates | |||||
|
Peso per US $ 9/ |
weighted average interbank rates |
Jul/3/09 | 48.085 | ||
|
Forward Rates |
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|
Population 10/ |
In millions |
Jul/01/09 | 92.2 | 90.5 | |
n.a.
1/
The National Statistics Office (NSO) 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
non-agricultural industries and not average monthly wage rate across all
occupations in all non-agricultural 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/ The
following transactions are not included in revenue and expenditure: (i)
adjustments of net lending and equity to government-owned and -controlled
corporations; and (ii) timing adjustment of interest payments to BSP.
The report on OPSF was no longer disseminated starting 2002 because the fund
was dissolved in view of the Oil Deregulation Law passed in 1998.
5/
January - November 2005. The data include only the financing of the national
government, and the 14 monitored non-financial government corporations (MNGGCs).
6/
Breakdown of domestic financing was revised due to the change in the basis
used for the calculation
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/
Please refer to the
Technical Notes on the major revisions of the 2001 IIP and to the
Comparative Preliminary and revised Data for 2001 IIP
9/
Daily updates and other convertible currencies with the BSP are available at
the BSP website.
10/ Population Projection by Single-Year Interval (Medium Assumption). Previous data is for 2007.
a/ Previous data (June 2004) and latest data
(August 2006) not comparable as the former covers employment size of 50 and
over while the latter covers 20 and over.
b/ Revised to reflect the actual annual data.
c/ Preliminary, Compiled on 8 June 2009
d/ Preliminary, Revised on 22 May 2009
e/ Revised based on the final International Reserves (IR) report for end-May 2009
Acronyms:
| OWS | Occupational Wages Survey |
| OPSF | Oil Price Stabilization Fund |
| RP O-nite | Repurchase Overnight |
| RRP O-nite | Reverse Repurchase Overnight |
Sources of Data:
| NSCB | National Statistical Coordination Board |
| NSO | National Statistics Office |
| DOF | Department of Finance |
| BLES | Bureau of Labor and Employment Statistics |
| BTr | Bureau of Treasury |
| BSP | Bangko Sentral ng Pilipinas |
| PSE | Philippine Stocks Exchange |