Philippines recorded a Current Account surplus of 2.20 percent of the country's Gross Domestic Product in 2019. source: Bangko Sentral ng Pilipinas
Current Account to GDP in Philippines averaged -0.39 percent from 1980 until 2019, reaching an all time high of 5.80 percent in 2009 and a record low of -7.70 percent in 1980. This page provides - Philippines Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Current Account to GDP - values, historical data and charts - was last updated on October of 2020.
Current Account to GDP in Philippines is expected to reach -3.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Current Account to GDP is projected to trend around -2.50 percent in 2021 and -2.00 percent in 2022, according to our econometric models.