Philippines recorded a Current Account deficit of 81.51 USD Million in September of 2019.

Current Account in Philippines averaged 49.03 USD Million from 1980 until 2019, reaching an all time high of 1810.97 USD Million in June of 2014 and a record low of -1409.65 USD Million in October of 2018. This page provides - Philippines Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Bangko Sentral ng Pilipinas

Current Account in Philippines is expected to be 367.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Philippines to stand at -500.00 in 12 months time. In the long-term, the Philippines Current Account is projected to trend around 589.00 USD Million in 2020, according to our econometric models.


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Philippines Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-81.51 664.11 1810.97 -1409.65 1980 - 2019 USD Million Monthly
Current Prices, NSA

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).

Philippines Trade Last Previous Highest Lowest Unit
Balance of Trade -3341861.07 -3240253.49 1144700.00 -4415446.66 USD Thousand [+]
Current Account -81.51 664.11 1810.97 -1409.65 USD Million [+]
Current Account to GDP -2.40 -0.70 5.80 -7.70 percent [+]
Imports 8938342.63 9567715.99 10724291.25 37084.30 USD Thousand [+]
Exports 5596481.56 6327462.51 6327462.51 23000.00 USD Thousand [+]
External Debt 78959.57 73097.87 79949.42 20893.00 USD Million [+]
Capital Flows 5.70 5.70 93.66 -35.31 USD Million [+]
Remittances 2372398.50 2671198.90 2849065.80 64208.00 USD Thousand [+]
Tourist Arrivals 638549.00 606553.00 766865.00 63628.00 [+]
Gold Reserves 197.93 197.93 274.42 126.89 Tonnes [+]
Terrorism Index 7.14 7.18 7.27 5.78 [+]
Foreign Direct Investment 672.00 566.00 2256.00 -396.00 USD Million [+]