Foreign reserves fall to three-year low as BOP deficit widens
The Philippines’ gross international reserves (GIR) fell to $99.5 billion at end-September, while the balance of payments (BOP) deficit widened to $9.1 billion…
· 2 MIN READ
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BOP
Latest Daily Tribune news and analysis on BOP.
BoP deficit widens to $5.9B in August
The Philippines’ balance of payments deficit widened to $5.9 billion in the first eight months of 2026, while gross international reserves rose to a five-month…
· 2 MIN READ
BOP deficit widens to $5.9B in August
The Philippines’ balance of payments (BOP) deficit widened by roughly 9.3 percent to $5.9 billion in the first eight months of 2026, as the country continued…
· 2 MIN READ
Philippine reserves hit 1.5-year low
The Philippines’ gross international reserves (GIR) declined to $103.3 billion at the end of July from $104.7 billion a month earlier, while the country posted…
· 2 MIN READ
BOP posts largest monthly surplus since 2024
The Philippines posted a $3.4-billion balance of payments surplus in June 2026, its largest monthly surplus since 2024, narrowing the year-to-date deficit and…
· 2 MIN READ
Higher imports widen external gap in first quarter
The Philippines’ balance of payments deficit widened to $5.3 billion in Q1 2026, or 4.5% of GDP, as higher import costs, larger external debt repayments and…
· 2 MIN READ
BOP posts surplus; reserves remain strong
The Philippines posted a $131-million balance of payments surplus in May 2026, while gross international reserves stayed strong at $104.0 billion, enough to…
· 1 MIN READ
BOP deficit widens in March – BSP
The Philippines’ balance of payments deficit widened to $2.6 billion in March 2026, pushing the first-quarter shortfall to $5.3 billion, even as gross…
· 2 MIN READ
BSP sees wider deficits through 2027
The BoP deficit is projected to reach $7.8 billion in 2026 and $8.5 billion in 2027, or 1.5 percent and 1.6 percent of GDP, respectively, and deeper than the…
· 2 MIN READ
BoP deficit widens to $2.7 billion even as GIRs continue to rise
Despite the deficit, the country’s gross international reserves rose to a new record high of $113.3 billion as of end-February 2026, up from $112.7 billion in…
· 2 MIN READ
BOP returns to deficit in 2025 – BSP
The Philippines posted an $827 million balance of payments deficit in December 2025, bringing the full-year shortfall to $5.7 billion amid weaker inflows and…
· 2 MIN READ
BoP seen remaining subdued until 2026
The BSP projects a continued Philippine balance of payments deficit through 2026, citing weak trade-in-goods, softer services exports, and slower foreign…
· 2 MIN READ
BSP sees Philippines returning to BOP deficit
The Bangko Sentral ng Pilipinas projects the Philippines’ balance of payments to return to deficit in 2025 and 2026, driven by a current account shortfall,…
· 2 MIN READ
BSP sees Philippines returning to BOP deficit
The Bangko Sentral ng Pilipinas projects the Philippines’ balance of payments to return to a deficit in 2025 and 2026, citing trade gaps, weaker services…
· 2 MIN READ
BOP surplus drops 93% in third quarter
The sharp year-on-year drop, from $3.68 billion surplus in Q3 2024 to only $273 million in this year’s Q3 — while still showing net inflows, suggests…
· 2 MIN READ
Philippines posts $706-M BoP surplus in October
The spike in surplus was attributed by the BSP to increasing remittances by overseas Filipino workers, gains from business process outsourcing exports,…
· 1 MIN READ
Philippines posts $706M BOP surplus in October
The Philippines recorded a $706 million BOP surplus in October 2025, boosting reserves and narrowing the year-to-date deficit to $4.6 billion.
· 1 MIN READ
