Philippines recorded a Current Account deficit of 455.04 USD Million in June of 2021. source: Bangko Sentral ng Pilipinas

Current Account in Philippines averaged 70.39 USD Million from 1980 until 2021, reaching an all time high of 2284.16 USD Million in April of 2020 and a record low of -1409.65 USD Million in October of 2018. This page provides - Philippines Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Current Account - values, historical data and charts - was last updated on December of 2021.

Current Account in Philippines is expected to be -450.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Current Account is projected to trend around 590.00 USD Million in 2022, according to our econometric models.

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Philippines Current Account


Related Last Previous Unit Reference
Current Account -455.04 -622.67 USD Million Jun/21
Current Account to GDP 3.60 -0.90 percent of GDP Dec/20
External Debt 98488.01 83617.93 USD Million Dec/20
Capital Flows 6.53 6.71 USD Million Jun/21
Remittances 2736862.40 2608916.20 USD Thousand Sep/21
Foreign Direct Investment 800.00 1300.00 USD Million Aug/21
Philippines Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).