Wednesday, May 20, 2026
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Tag: balance of payments

Global oil crisis to widen Philippine balance of payments deficit

The Philippine balance of payments (BOP) will remain under pressure through 2027 as heightened geopolitical tensions and structural constraints drive a widening current account...

PH logged $2.28-billion BOP deficit in February

The Philippines recorded a $2.28-billion balance of payments (BOP) deficit in February 2026, as capital outflows outweighed inflows, reversing a surplus from a year...

BOP deficit narrows to $373m in January as reserves hit $112.6b

The Philippines’ overall balance of payments posted a $373 million deficit in January, a significant improvement from the $4.08 billion shortfall recorded in the...

Balance of payments seen hitting deficits through 2026

The Philippines’ balance of payments is projected to shift from a modest surplus in 2024 to deficits in 2025 and 2026 as a sustained...

GIR topped $110 billion, as BOP posted October surplus

The Philippines' gross international reserves (GIR) surpassed the $110-billion mark after the balance of payments (BOP) recorded a surplus for the third consecutive month...

BSP warns of continuous BOP deficit in next two years

The Bangko Sentral ng Pilipinas (BSP) warned on Wednesday the country's balance of payments (BOP) would remain in deficit over the next two years...

Foreign reserves climb to $107.1b on BOP surplus

The Philippines’ gross international reserves (GIR) climbed to $107.1 billion as of end-August from $105.4 billion in the previous month on the back of...

Philippines’ BOP position posted $359-million surplus in August 2025

The Philippines posted a balance of payments (BOP) surplus of $359 million in August 2025, reversing the $167-million deficit in July and the $88-million...

Philippines posted $5.6-billion BOP deficit in first half 2025

The Philippines’ balance of payments (BOP) recorded a deficit of $2.6 billion in the second quarter of 2025, reversing a $1.2-billion surplus in the...

Trade deficit hit $24.41b in first six months, says PSA

Exports grew faster than imports in the first half of 2025, but the country continued to incur a wide trade deficit that affects its...

Philippines incurred $5.8 billion BOP deficit in seven months

The Philippines' balance of payments (BOP) shifted to a $167-million deficit in July 2025 from a $62-million surplus a year ago, the Bangko Sentral...

BOP incurred $2.6-b deficit in April—BSP

The Philippines’ balance of payments (BOP) posted a deficit of $2.6 billion in April 2025, exceeding the $639-million shortfall recorded in the same month...

Current account deficit widens 41% to $17.5b

The Philippines’ balance of payments (BOP) position recorded a surplus of $609 million in 2024, lower than $3.7 billion in 2023 due to larger...

BOP surplus hit $3.7b in third quarter

The Philippines’ balance of payments (BOP) posted a surplus of $3.7 billion in in the third quarter of 2024. a turnaround from a deficit...
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