The Central Bank of the Philippines published updated International Investment Position (IIP) data showing a net external liability position of USD 68.3 billion in June 2025, reflecting foreign investments in Philippine assets outpacing Philippine investments abroad. The net liability position was 44.1% higher than a year earlier and 9.8% higher than the USD 62.2 billion recorded in March 2025. Foreign investments in Philippine assets rose 2.7% to USD 325.2 billion, while Philippine investment in foreign assets increased 0.9% to USD 256.9 billion. The central bank highlighted the IIP as a point-in-time measure of the economy’s external financial assets and liabilities used to assess financial linkages with the rest of the world and gauge external vulnerability and resilience.