Name: Philippines Current Account
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Philippines,Current Account,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Philippines recorded a Current Account deficit of 2441.56 USD Million in March of 2022. source: Bangko Sentral ng Pilipinas

Current Account in Philippines averaged 50.04 USD Million from 1980 until 2022, reaching an all time high of 2284.16 USD Million in April of 2020 and a record low of -2441.56 USD Million in March of 2022. 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 July of 2022.

Current Account in Philippines is expected to be -980.00 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 -4966.00 USD Million in 2023 and 2019.00 USD Million in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Current Account	-2441.56	-815.41	USD Million	Mar 2022
Current Account to GDP	3.60	-0.90	percent of GDP	Dec 2020
External Debt	106428.26	98488.01	USD Million	Dec 2021
Capital Flows	-33.36	7.99	USD Million	Mar 2022
Remittances	2395492.70	2594398.20	USD Thousand	Apr 2022
Foreign Direct Investment	727.00	893.00	USD Million	Mar 2022

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).