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Philippines Current Account Value and percent from GDP

Philippines Current Account Data

Indicator Data Period
Current Account to GDP -4.4 % 2022
Current Account -538 USD Million | -0.538 B USD Jun/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Philippines - Historical Data (%)

What is ratio of Philippines Current Account to GDP?

  • The deficit of Current Account to GDP in Philippines decreased to 4.4 % in 2022. The maximum surplus was 5.8 % and deficit was -7.7 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-4.4 2022 20.03.2023
-1.8 2021 04.08.2022
3.6 2020 28.05.2021
2.2 2019 15.04.2020
-2.4 2018 15.03.2019
-0.8 2017 02.04.2018
0.2 2016 11.08.2017
2.5 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 0.2000 -0.8000 0.2000 -0.8000 -500.00%
Benigno Aquino 30.06.2010 - 30.06.2016 4.5000 2.5000 4.5000 2.5000 -44.44%
Gloria Macapagal 20.01.2001 - 30.06.2010 -2.4000 5.8000 5.8000 -2.4000 -341.67%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 2.3000 -2.9000 2.3000 -3.8000 -226.09%
Fidel V. Ramos 30.06.1992 - 30.06.1998 -1.9000 -5.2000 -1.9000 -5.5000 173.68%
Corazon C. Aquino 25.02.1986 - 30.06.1992 4.0000 -2.1000 4.0000 -6.1000 -152.50%


Latest data on Current Account (USD Million)

Current Account
                     Philippines - Historical Data (USD Million)

What is Philippines Current Account Deficit?

  • The deficit of Current Account in Philippines increased to 538 USD Million (0.538 B USD) in June 2023. The maximum value was 2284 USD Million and minimum was -1410 USD Million.
  • Data published Monthly by Central Bank.

Historical Data (USD Million) by years

Data
Period
Date
-538 Jun/23 16.09.2023
-1917 Mar/23 17.06.2023
-60.37 Dec/22 18.03.2023
-1034 Sep/22 10.12.2022
-2521 Jun/22 24.09.2022
-2442 Mar/22 18.06.2022
-2046 Dec/21 19.03.2022
-600 Sep/21 18.01.2022


Historical Chart by presidents (USD Million)

Current Account in Philippines by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Rodrigo Duterte 30.06.2016 - 322.2000 -203.8800 971.6800 -1323.5500 -163.28%
Benigno Aquino 30.06.2010 - 30.06.2016 888.5600 3.3000 1810.9700 -977.0700 -99.63%
Gloria Macapagal 20.01.2001 - 30.06.2010 223.0000 137.5800 1398.3600 -1179.4000 -38.30%
Joseph Ejercito Estrada 30.06.1998 - 20.01.2001 257.0000 321.0000 425.0000 -612.0000 24.90%
Fidel V. Ramos 30.06.1992 - 30.06.1998 -11.0000 -98.0000 320.0000 -884.0000 790.91%
Corazon C. Aquino 25.02.1986 - 30.06.1992 -19.0000 -171.0000 216.0000 -460.0000 800.00%

Other trade indicators in Philippines

Index Updated Actual Previous
Balance of Trade Aug/23 -4.128 B USD -4.201
Capital Flows Jun/23 0.007 B USD 0.005
Exports Aug/23 6.702 B USD 6.165
Foreign Exchange Reserves Sep/23 98.69 B USD 99.568
Imports Aug/23 10.829 B USD 10.364
Tourist Arrivals Aug/23 0.438 Million Persons 0.516

Current Account to GDP in other countries

Country Updated Actual Previous
Bangladesh 2022 -4.1 % -1.1
Jordan 2022 -6.7 % -8.8
Kyrgyzstan 2022 -26.8 % -8.5
Mongolia 2022 -15.8 % -12.8
Nepal 2022 -12.8 % -7.8
Palestine 2022 -15 % -9.8
Tajikistan 2022 6.2 % 8.2
Cambodia 2022 -26.9 % -47.9
China 2022 2.2 % 1.8
Georgia 2022 -3.1 % -10.4
India 2022 -2.6 % -1.2
Israel 2022 2.5 % 4.7
Pakistan 2023 -0.7 % -4.7
South Korea 2022 3.2 % 4.9
Taiwan 2022 14.8 % 14.8
Vietnam 2022 -0.9 % -2.1
Maldives 2022 -16.6 % -8.4
Armenia 2022 0.1 % -3.7
Hong Kong 2022 10.7 % 11.8
Indonesia 2022 1 % 0.3
Japan 2022 1.9 % 3.9
Kazakhstan 2022 3 % -2.9
Lebanon 2021 -12.9 % -9.4
Macau 2022 -2.4 % 13.8
Malaysia 2022 2.6 % 3.8
Philippines 2022 -4.4 % -1.5
Qatar 2022 26 % 14.7
Singapore 2022 19.3 % 18
Sri Lanka 2022 -1.9 % -3.8
Thailand 2022 -0.5 % -2.2
Oman 2022 3.2 % -4.9
Iran 2022 4.7 % 3.9
Laos 2022 -0.07 % 2.35
Azerbaijan 2022 30.5 % 15.2
Kuwait 2022 28.5 % 23.7
Saudi Arabia 2022 13.8 % 5.1
Bahrain 2022 15.4 % 6.6
United Arab Emirates 2022 11.7 % 11.6
Yemen 2018 -0.01 % -0.1
Turkmenistan 2022 5.7 % 6.5
Uzbekistan 2022 1.4 % -7
Iraq 2022 16.3 % 7.8
Syria 2010 -0.62 % -2.15
Afghanistan 2020 -17.3 % -2.7
Bhutan 2022 -33.8 % -12.4
Brunei 2022 11.2 % 4.6
Mauritius 2021 -13.8 % -11.7