Tag page - balance of payments

The Philippines’ current account deficit shrank by 38.6 percent to $11.2 billion last year (equivalent to -2.6 percent of the country’s gross domestic product) from P$18.3 billion in 2022 (equivalent to -4.5 percent of the country’s GDP) The Bangko Sentral ng Pilipinas said “The lower...

The country’s balance of payments (BOP) is seen to register a slight surplus this year, but will reverse into a deficit in 2025, based on the latest projections approved by the Monetary Board that incorporate most recent data and developments. “The emerging external outlook for 2024 and 2025 is...

The Philippines balance of payments (BOP) position registered a $1.04 billion surplus in August, resulting in lower deficit in the first eight months of the year, the central bank reported. Philippines' end-August BOP deficit is reduced to $253 million Data from the Bangko Sentral ng Pilipinas...

The Philippines’ balance of payments (BOP) surplus rose to $11.786 billion as of end-November, the Bangko Sentral ng Pilipinas (BSP) announced Monday. The BSP also reported the final gross international reserves (GIR) of $104.82 billion as of end-November. Photographer: Paul Yeung/Bloomberg file...