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
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Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -2052044.87 -2302155.42 1144700.00 -2637938.69 USD Thousand [+]
Exports 4805401.73 5579352.84 5931591.34 23000.00 USD Thousand [+]
Imports 6857446.60 7881508.25 7881508.25 37084.30 USD Thousand [+]
Current Account -490.62 971.68 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 2.41 6.72 93.66 -35.31 USD Million [+]
Remittances 2083000.00 2615215.90 2615215.90 64208.00 USD Thousand [+]
Tourist Arrivals 574065.00 579178.00 631639.00 63628.00 [+]
Gold Reserves 196.35 196.34 274.42 126.89 Tonnes [+]
Terrorism Index 7.10 7.27 7.27 5.78 [+]
Crude Oil Production 15.00 15.00 38.00 0.80 BBL/D/1K [+]
Foreign Direct Investment 22883.30 125694.30 230215.40 3959.10 PHP Million [+]

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



Philippines Current Account to GDP Notes

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 June 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

Last
Switzerland 11.50 Dec/15
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/15
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16