Imports - partners:
US 18.8%, Japan 17.4%, Singapore 7.8%, Taiwan 7.3%, South Korea
6.2%, China 6%, Malaysia 4.5% (2004)

Reserves of foreign exchange and gold:
$16.05 billion (2004)

Debt - external:
$55.6 billion (September 2004 est.)

Economic aid - recipient:
ODA commitments, $2 billion (2004)

Currency (code):
Philippine peso (PHP)

Currency code:
PHP

Exchange rates:
Philippine pesos per US dollar - 56.04 (2004), 54.203 (2003),
51.604 (2002), 50.993 (2001), 44.192 (2000)

Fiscal year:
calendar year

Communications Philippines

Telephones - main lines in use:
3,310,900 (2002)