Philippines Balance of Payments at $917 Million Surplus in December 2017
Manila | 19th January 2018
The country’s overall balance of payments (BOP) position posted a surplus of $917 million in December 2017, a turnaround from the $214 million BOP deficit recorded in the same month in 2016.
” PHILIPPINES BALANCE OF PAYMENTS IN December 2017 AT $917 MILLION Surplus “
Notwithstanding the surplus recorded in December, the full-year 2017 BOP posted a higher deficit of $863 million compared to the $420 million BOP deficit recorded in 2016.
Source: Bangko Sentral ng Pilipinas
Join the Rise of Asia. Share a Story, Article or Photo here. For Press Release, visit here.
About The Wealth Times
The Wealth Times is the premier economic & financial media for Asia. Covering Asia’s most relevant developments in economy, business and finance. Asia is the world’s fastest growing economy with GDP exceeding $25 trillion and powered by 4.4 billion people.
Where should you invest your capital for the next decade? Which are the fastest growing companies in Asia? Which is the most exciting sector to be in? Which are the top cities to be in? Which country has new economic policies? Who are the most influential leaders? Who are the top business leaders?