Philippines Balance of Payments at $44 Million Deficit in November 2017

Manila | 19th December 2017

The country’s overall balance of payments (BOP) position in November 2017 posted a deficit of US$44 million, lower than the US$1.7 billion deficit recorded in the same month last year.


Notwithstanding the decline in the deficit in November, the BOP position for the period January-November 2017 posted a higher deficit of US$1.8 billion compared to the US$206 million BOP deficit recorded in the same period last year.

Source: Bangko Sentral ng Pilipinas

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