Transcription of BALANCE OF PAYMENTS REPORT - bsp.gov.ph
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BALANCE OF PAYMENTS REPORT - bsp.gov.ph
DEPARTMENT OF ECONOMIC STATISTICS. Monetary and Economics Sector Bangko Sentral ng Pilipinas BALANCE OF PAYMENTS . REPORT . 1st Quarter 2021. BANGKO SENTRAL NG PILIPINAS. BALANCE OF PAYMENTS : Q1 2021 (YoY). HEADLINE FIGURES. OVERALL BOP POSITION. -US$ (deficit). from US$68M. CURRENT ACCOUNT CAPITAL ACCOUNT FINANCIAL ACCOUNT *. -US$614M +US$17M +US$ (deficit) (surplus) (net outflows). from +US$225M from +US$12M from +US$3B. CURRENT ACCOUNT. PRIMARY SECONDARY. GOODS SERVICES. INCOME INCOME. -US$ +US$ +US$567M +US$7B. (deficit) (net receipts) (net receipts) (net receipts). from US$ from +US$ from +US$ from +US$ FINANCIAL ACCOUNT *. DIRECT PORTFOLIO FINANCIAL OTHER. INVESTMENT INVESTMENT DERIVATIVES INVESTMENT.
BALANCE OF PAYMENTS REPORT First Quarter 2021 Developments Overall BOP Position Q1 2021 BOP position posts a higher deficit. The country’s balance of payments (BOP) position recorded a deficit of US$2.8 billion in Q1 2021, higher than the US$68 million deficit posted in the same quarter in 2020. The increase in the BOP deficit
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