Net acquisition of financial assets in Philippines
Philippines: Net acquisition of financial assets was -0.9% 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 % of GDP.
Analysis
In 2024, net acquisition of financial assets in Philippines stood at -0.9%.
The figure is down 49.7% on the previous year and down 319.9% over ten years.
Over the whole period, net acquisition of financial assets in Philippines peaked at 5.4% in 1992 and was at its lowest, -1.9%, in 1994.
Philippines ranks 118th 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 in Philippines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -0.9% | — |
| 1991 | 1.7% | -299.6% |
| 1992 | 5.4% | +218.0% |
| 1993 | -1.3% | -123.6% |
| 1994 | -1.9% | +48.4% |
| 1995 | -0.2% | -90.6% |
| 1996 | 1.4% | -869.3% |
| 1997 | -1.1% | -178.4% |
| 1998 | 0.6% | -155.1% |
| 1999 | -1.0% | -271.4% |
| 2000 | 1.4% | -235.3% |
| 2001 | 0.3% | -79.5% |
| 2002 | 1.3% | +371.4% |
| 2003 | 1.7% | +29.6% |
| 2004 | 1.5% | -13.6% |
| 2005 | 0.4% | -76.0% |
| 2006 | 0.6% | +59.3% |
| 2007 | 0.5% | -4.4% |
| 2008 | 0.4% | -21.5% |
| 2009 | -0.7% | -267.8% |
| 2010 | 0.5% | -171.2% |
| 2011 | -0.5% | -190.6% |
| 2012 | 3.5% | -857.1% |
| 2013 | 0.8% | -78.5% |
| 2014 | 0.4% | -48.8% |
| 2015 | -0.4% | -199.9% |
| 2016 | -1.5% | +295.5% |
| 2017 | 1.5% | -201.0% |
| 2018 | -0.3% | -121.1% |
| 2019 | -1.1% | +222.8% |
| 2020 | 4.1% | -490.3% |
| 2021 | 0.7% | -83.5% |
| 2022 | -0.4% | -155.4% |
| 2023 | -0.6% | +51.9% |
| 2024 | -0.9% | +49.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.3% | -1.9% | 5.4% | 10 |
| 2000s | 0.7% | -0.7% | 1.7% | 10 |
| 2010s | 0.3% | -1.5% | 3.5% | 10 |
| 2020s | 0.6% | -0.9% | 4.1% | 5 |
Countries ranked near Philippines
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 238.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0133 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 18.96 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 6.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 419.22 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net acquisition of financial assets in Philippines?
- Net acquisition of financial assets in Philippines was -0.9% 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 5.4% in 1992.
- What is the lowest net acquisition of financial assets recorded in Philippines?
- The lowest recorded value was -1.9% in 1994.
- How does Philippines rank for net acquisition of financial assets?
- Philippines ranks 118th 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 319.9%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.