The Philippines’ balance of payments (BOP) position ended in negative territory for full-year 2014 with a $2.88 billion deficit, reversing the 2013 surplus of $5.09 billion, central bank data shows.

The 2014 BOP position is the biggest deficit since it dipped to a $509 million shortfall in 2000, according to the Bangko Sentral ng Pilipinas (BSP) data.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details