Predetermined short-term net drains on foreign currency assets in Philippines
Philippines: Predetermined short-term net drains on foreign currency assets was 0 in 2024. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Philippines, 2003–2024
Source: International Monetary Fund.
Analysis
Philippines recorded 0 for predetermined short-term net drains on foreign currency assets in 2024. That is the lowest value across all 20 years on record.
Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.
Over the whole period, predetermined short-term net drains on foreign currency assets in Philippines peaked at 6.56 billion in 2010 and was at its lowest, 0, in 2004.
Philippines ranks 26th of 53 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.46 billion | 0 | 6.02 billion | 7 |
| 2010s | 1.62 billion | 0 | 6.56 billion | 9 |
| 2020s | 754.00 million | 0 | 3.02 billion | 4 |
Countries ranked near Philippines
- 23 Malta 6.46 million compare
- 24 Belgium 2.35 million compare
- 25 Lithuania 2.23 million compare
- 26 Bulgaria 0
- 26 Belarus 0
- 26 Canada 0 compare
- 26 Chile 0 compare
- 26 Colombia 0 compare
- 26 Cyprus 0
- 26 Germany 0 compare
- 26 Estonia 0 compare
- 26 Greece 0 compare
- 26 Guatemala 0
- 26 Hong Kong (China) 0 compare
- 26 India 0 compare
- 26 Ireland 0 compare
- 26 Iceland 0
- 26 Israel 0 compare
- 26 Italy 0 compare
- 26 Kyrgyzstan 0 compare
- 26 Korea 0 compare
- 26 Sri Lanka 0 compare
- 26 Luxembourg 0 compare
- 26 Mauritius 0
- 26 Norway 0 compare
- 26 Portugal 0 compare
- 26 Paraguay 0
- 26 Türkiye 0 compare
- 26 Uruguay 0 compare
- 26 West Bank and Gaza 0
More financial sector data for Philippines
- Net domestic credit (current LCU), per capita 194,178 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 46.56 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.49 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 149.63 million SDR (2025)
- Gold reserves at market value 13.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 63.95 billion SDR (2025)
- Reserves excluding gold 67.36 billion SDR (2025)
- Total reserves (gold at market value) 81.00 billion SDR (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
Frequently asked questions
- What is predetermined short-term net drains on foreign currency assets in Philippines?
- Predetermined short-term net drains on foreign currency assets in Philippines was 0 in 2024, according to International Monetary Fund.
- What is the highest predetermined short-term net drains on foreign currency assets recorded in Philippines?
- The highest recorded value was 6.56 billion in 2010.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Philippines?
- The lowest recorded value was 0 in 2004.
- How does Philippines rank for predetermined short-term net drains on foreign currency assets?
- Philippines ranks 26th out of 53 countries with data for 2024.
- Is predetermined short-term net drains on foreign currency assets rising or falling in Philippines?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Predetermined short-term net drains on foreign currency assets (nominal value), Forwards and futures in foreign currencies vis-s-vis the domestic currency (including the forward leg of currency swaps), Up to 1 month, Inflows, Long positions (International Reserves and Foreign Currency Liquidity: Gui. Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.