Thought Leaders
[Vantage Point] One peso, two fortunes: The hidden energy bill
The Philippines' underlying vulnerability is a structural imbalance between the dollars the country earns and those it spends
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| Name | 2024 | 2023 | 2022 | 2021 | 2020 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Capital Outlays | 494,468,000 | 833,350,000 | 1,441,696,000 | 1,278,496,000 | 2,232,883,000 | 2,455,084,000 | 324,612,000 | – | 476,034,000 |
| Maintenance and Other Operating Expenses | 6,761,228,000 | 7,328,238,000 | 8,171,919,000 | 6,058,460,000 | 5,872,228,000 | 2,204,782,000 | 2,079,441,000 | – | 3,509,770,000 |
| Personnel Services | 1,912,905,000 | 1,705,111,000 | 1,488,938,000 | 1,358,604,000 | 1,316,566,000 | 1,025,355,000 | 960,951,000 | – | 965,330,000 |
| Financial Expenses | – | – | – | – | – | – | 198,000 | – | 258,000 |
| Total | 9,168,601,000 | 9,866,699,000 | 11,102,553,000 | 8,695,560,000 | 9,421,677,000 | 5,685,221,000 | 3,365,202,000 | – | 4,951,392,000 |
The Philippines' underlying vulnerability is a structural imbalance between the dollars the country earns and those it spends
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