Philippines Current Account to GDP - Forecast

Current Account to GDP in Philippines is expected to be 1.10 percent by the end of this quarter, 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 1.30 percent in 2020, according to our econometric models.


Philippines Current Account to GDP
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Philippines Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -3615000 -2158000 -3217156 -3052000 -3211596 -2440000
Exports 5114530 5780000 5219284 5508000 5217850 6290000
Imports 8729210 7938000 8436440 8560000 8429446 8730000
Current Account -204 -80 -182 855 -182 589
Current Account to GDP -0.8 1.1 1.1 1.1 1.2 1.3
External Debt 73098 72000 72000 72000 73000 73500
Capital Flows 6.31 10 8.75 13 8.77 16
Remittances 2359615 2950000 2353420 2900000 2349287 3340000
Tourist Arrivals 732506 560000 558200 680000 550500 831000
Gold Reserves 196 196 196 199 196 205
Terrorism Index 7.13 7.1 7.19 7.5 7.33 7.4
Foreign Direct Investment 14208 31234 46103 173000 27701 197000
Crude Oil Production 15 14.99 14.99 15 14.99 40