As shown in the data released by the Bangko Sentral ng Pilipinas (BSP), the overall balance of payments (BOP) position for the first quarter of 2005 posted a surplus of US$783 million, a turnaround from a deficit of US$378 million in the first quarter of 2004.

The compilation of the BOP accounts is a designated statistical activity of the BSP under Executive Order No. 352, Designation of Statistical Activities That Will Generate Critical Data for Decision-Making of the Government and Private Sector, issued on July 1, 1996. For further inquiries, please contact Mr. Jun O. Miralles/Ms. Faye A. Yabut at telefax numbered 895-24-36 with e-mail address jo.miralles@nscb.gov.ph and fa.yabut@nscb.gov.ph.

View details at the BSP Website

Glossary of statistical terms on Finance
Tables on Finance