Philippines net external liability narrows to $58.2 billion

The Philippines' net external liability position narrowed to $58.2 billion as of end-September 2025, a decrease from $67 billion in the previous quarter.

This improvement is attributed to a 1.9% increase in the country's external assets to $263.9 billion and a 1.2% decrease in foreign obligations to $322.1 billion.

The net liability position now represents 12.1% of the Philippines' gross domestic product, down from 14.1% in the prior quarter.

The Bangko Sentral ng Pilipinas (BSP) highlighted that the International Investment Position (IIP) is a key indicator of the nation's financial connections with other countries, assessing its external vulnerability and resilience.