Net Foreign Assets (Local Currency) rose 5.99% to PHP 6,948 bil in Philippines in 2024

Net Foreign Assets (Local Currency) (PHP bil), 2024
Banking | Philippines | September 1, 2025
$2.99
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Net foreign assets rose 5.99% to PHP 6,948 bil in Philippines in 2024, according to the National Central Bank.

Historically, net foreign assets in Philippines reached an all time high of PHP 6,948 bil in 2024 and an all time low of PHP -129 bil in 1986.

Philippines has been ranked 21st within the group of 122 countries we follow in terms of net foreign assets, 4 places above the position seen 10 years ago.

Net Foreign Assets (Local Currency) Unit 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Australia AUD bil -360 -138 -462 -720 -712
Cambodia KHR bil 48,884 60,182 67,364 57,063 39,490
China CNY bil 25,507 26,392 26,886 27,977 28,576
Hong Kong HKD bil 7,855 8,147 8,459 8,597 8,784
India INR bil ... ... ... ... ... ... ... ...
Indonesia IDR bil 1,442,536 1,506,619 1,711,188 1,809,776 1,898,235
Japan JPY bil 80,688 79,377 92,578 95,249 92,066
Laos LAK bil ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Malaysia MYR bil 306 287 312 354 302
Philippines PHP bil 4,461 4,858 6,096 6,493 6,265
Russia RUB bil 39,910 41,051 52,376 53,648 ... ... ...
Singapore SGD bil 311 309 408 ... ... ... ...
Taiwan TWD bil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...
Thailand THB bil 6,716 6,824 7,776 7,763 7,570
USA USD bil -88.6 239 283 238 67.9
Vietnam VND bil 1,537,729 2,128,233 2,638,483 2,688,410 2,314,301 ...