Story perspectives

Philippines BoP Surplus Hits $359 Million in August

9/22/2025

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Summary

Story summary

The Philippines recorded a balance of payments (BoP) surplus of $359 million in August, an increase from $88 million last year.
This surplus stems from gains in Bangko Sentral ng Pilipinas (BSP) investments abroad, recovering from a $167 million deficit in July.
Year-to-date, the BoP shows a $5.397 billion deficit, compared to a $1.592 billion surplus in 2024.
The trade-in-goods deficit decreased to $28.46 billion from $29.93 billion year-on-year.
Gross international reserves increased to $107.1 billion, enhancing liquidity.

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Story summary

The Philippines recorded a balance of payments (BoP) surplus of $359 million in August, an increase from $88 million last year.
This surplus stems from gains in Bangko Sentral ng Pilipinas (BSP) investments abroad, recovering from a $167 million deficit in July.
Year-to-date, the BoP shows a $5.397 billion deficit, compared to a $1.592 billion surplus in 2024.
The trade-in-goods deficit decreased to $28.46 billion from $29.93 billion year-on-year.
Gross international reserves increased to $107.1 billion, enhancing liquidity.