Philippines Current Account to GDP  1980-2017 | Data | Chart | Calendar

Philippines recorded a Current Account surplus of 0.20 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Philippines averaged -0.42 percent from 1980 until 2016, reaching an all time high of 5.80 percent in 2009 and a record low of -7.70 percent in 1980.

Philippines Current Account to GDP
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -1915000.00 -2393000.00 1144700.00 -2736810.16 USD Thousand [+]
Exports 5594320.00 5519000.00 5931591.34 23000.00 USD Thousand [+]
Imports 7509000.00 7912000.00 8243500.27 37084.30 USD Thousand [+]
Current Account 377.00 -633.00 1810.97 -1179.40 USD Million [+]
Current Account to GDP 0.20 2.50 5.80 -7.70 percent [+]
External Debt 76621.97 77474.07 79949.42 20893.00 USD Million [+]
Capital Flows 15.00 10.00 93.66 -35.31 USD Million [+]
Remittances 2186091.10 2499483.40 2615215.90 64208.00 USD Thousand [+]
Tourist Arrivals 545254.00 568035.00 631639.00 63628.00 [+]
Gold Reserves 196.35 196.35 274.42 126.89 Tonnes [+]
Terrorism Index 7.13 7.10 7.27 5.78 [+]
Foreign Direct Investment 18160.60 22883.30 230215.40 3959.10 PHP Million [+]
Crude Oil Production 15.00 15.00 38.00 0.80 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Philippines Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Philippines Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.20 2.50 5.80 -7.70 1980 - 2016 percent Yearly




current account to GDP by Country
Country Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16