Philippines PH: BOP: Capital Account: Net

Philippines PH: BOP: Capital Account: Net data was reported at 56.706 USD mn in 2017. This records a decrease from the previous number of 62.087 USD mn for 2016. Philippines PH: BOP: Capital Account: Net data is updated yearly, averaging 88.493 USD mn from Dec 1999 (Median) to 2017, with 19 observations. The data reached an all-time high of 164.000 USD mn in 1999 and a record low of 31.000 USD mn in 2004. Philippines PH: BOP: Capital Account: Net data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Balance of Payments: Capital and Financial Account. Net capital account records acquisitions and disposals of nonproduced nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as capital transfers, including government debt forgiveness. The use of the term capital account in this context is designed to be consistent with the System of National Accounts, which distinguishes between capital transactions and financial transactions. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; ; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

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