Philippines recorded a Current Account deficit of 1.80 percent of the country's Gross Domestic Product in 2021. source: Bangko Sentral ng Pilipinas
Current Account to GDP in Philippines averaged -0.45 percent of GDP from 1980 until 2021, reaching an all time high of 5.80 percent of GDP in 2009 and a record low of -7.70 percent of GDP in 1980. This page provides - Philippines Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Current Account to GDP - values, historical data and charts - was last updated on December of 2022.
Current Account to GDP in Philippines is expected to reach -4.60 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Current Account to GDP is projected to trend around -4.40 percent of GDP in 2023 and -4.00 percent of GDP in 2024, according to our econometric models.