Net acquisition of financial assets (current LCU) in Philippines
Philippines: Net acquisition of financial assets (current LCU) was -224.95 billion current LCU in 2024. ◆ Volatile
Net acquisition of financial assets in Philippines, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net acquisition of financial assets in Philippines stood at -224.95 billion current LCU.
Compared with earlier readings it is down 62.8% on the previous year and down 540.3% over ten years.
Over the whole period, net acquisition of financial assets in Philippines peaked at 736.15 billion current LCU in 2020 and was at its lowest, -231.33 billion current LCU, in 2016.
Philippines ranks 128th of 134 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net acquisition of financial assets (current LCU) in Philippines, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | -10.51 billion current LCU | — |
| 1991 | 24.31 billion current LCU | -331.3% |
| 1992 | 83.76 billion current LCU | +244.5% |
| 1993 | -21.59 billion current LCU | -125.8% |
| 1994 | -36.80 billion current LCU | +70.4% |
| 1995 | -3.91 billion current LCU | -89.4% |
| 1996 | 34.30 billion current LCU | -977.0% |
| 1997 | -30.06 billion current LCU | -187.6% |
| 1998 | 18.19 billion current LCU | -160.5% |
| 1999 | -34.26 billion current LCU | -288.4% |
| 2000 | 51.21 billion current LCU | -249.5% |
| 2001 | 11.42 billion current LCU | -77.7% |
| 2002 | 58.20 billion current LCU | +409.6% |
| 2003 | 81.81 billion current LCU | +40.6% |
| 2004 | 79.80 billion current LCU | -2.5% |
| 2005 | 21.28 billion current LCU | -73.3% |
| 2006 | 37.52 billion current LCU | +76.3% |
| 2007 | 39.39 billion current LCU | +5.0% |
| 2008 | 34.56 billion current LCU | -12.3% |
| 2009 | -60.43 billion current LCU | -274.9% |
| 2010 | 48.20 billion current LCU | -179.8% |
| 2011 | -47.10 billion current LCU | -197.7% |
| 2012 | 388.79 billion current LCU | -925.4% |
| 2013 | 91.11 billion current LCU | -76.6% |
| 2014 | 51.09 billion current LCU | -43.9% |
| 2015 | -53.90 billion current LCU | -205.5% |
| 2016 | -231.33 billion current LCU | +329.2% |
| 2017 | 255.69 billion current LCU | -210.5% |
| 2018 | -59.45 billion current LCU | -123.2% |
| 2019 | -205.06 billion current LCU | +245.0% |
| 2020 | 736.15 billion current LCU | -459.0% |
| 2021 | 131.16 billion current LCU | -82.2% |
| 2022 | -82.43 billion current LCU | -162.9% |
| 2023 | -138.16 billion current LCU | +67.6% |
| 2024 | -224.95 billion current LCU | +62.8% |
Philippines compared with similar countries
- Philippines's -224.95 billion current LCU is below the median for upper middle income countries, which is 4.06 billion current LCU. (47 countries reporting)
- Philippines's -224.95 billion current LCU is below the median for East Asia & Pacific, which is 197.18 million current LCU. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.34 billion current LCU | -36.80 billion current LCU | 83.76 billion current LCU | 10 |
| 2000s | 35.48 billion current LCU | -60.43 billion current LCU | 81.81 billion current LCU | 10 |
| 2010s | 23.80 billion current LCU | -231.33 billion current LCU | 388.79 billion current LCU | 10 |
| 2020s | 84.35 billion current LCU | -224.95 billion current LCU | 736.15 billion current LCU | 5 |
Countries ranked near Philippines
- 125 Hungary -153.78 billion current LCU compare
- 126 Equatorial Guinea -161.16 billion current LCU compare
- 127 Cote d'Ivoire -217.76 billion current LCU compare
- 129 Madagascar -777.74 billion current LCU compare
- 130 Chile -890.95 billion current LCU compare
- 131 Cambodia -939.83 billion current LCU compare
More public sector data for Philippines
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 846.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
Frequently asked questions
- What is net acquisition of financial assets in Philippines?
- Net acquisition of financial assets in Philippines was -224.95 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Philippines?
- The highest recorded value was 736.15 billion current LCU in 2020.
- What is the lowest net acquisition of financial assets recorded in Philippines?
- The lowest recorded value was -231.33 billion current LCU in 2016.
- How does Philippines rank for net acquisition of financial assets?
- Philippines ranks 128th out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Philippines?
- Over the last ten years it is down 540.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.