This article is part of the NEDA-PIDS Seminar-Workshop on the Philippine System of National Accounts. This paper examines foreign transactions as recorded in the national accounts and the balance of payments statements. While these statements have different uses, consistency between the two is desired due to prospects of better helping users.
The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics.
P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd