Contingent short-term net drains on foreign currency assets (nominal) in Philippines
Philippines: Contingent short-term net drains on foreign currency assets (nominal) was -32.02 million in 2025. ◆ Volatile
Contingent short-term net drains on foreign currency assets (nominal) in Philippines, 2000–2025
Source: International Monetary Fund.
Analysis
Philippines recorded -32.02 million for contingent short-term net drains on foreign currency assets (nominal) in 2025. That is the highest value across all 26 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 53.8% over ten years.
Over the whole period, contingent short-term net drains on foreign currency assets (nominal) in Philippines peaked at -32.02 million in 2025 and was at its lowest, -667.94 million, in 2009.
That places Philippines 47th out of 61 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -251.72 million | -667.94 million | -157.02 million | 10 |
| 2010s | -104.61 million | -284.61 million | -48.58 million | 10 |
| 2020s | -72.42 million | -122.11 million | -32.02 million | 6 |
Countries ranked near Philippines
More external debt data for Philippines
- IFC, private nonguaranteed 332.92 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 2.87 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0007 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 333.31 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -2.33 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita -0.0201 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD 2.25 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
Frequently asked questions
- What is contingent short-term net drains on foreign currency assets (nominal) in Philippines?
- Contingent short-term net drains on foreign currency assets (nominal) in Philippines was -32.02 million in 2025, according to International Monetary Fund.
- What is the highest contingent short-term net drains on foreign currency assets (nominal) recorded in Philippines?
- The highest recorded value was -32.02 million in 2025.
- What is the lowest contingent short-term net drains on foreign currency assets (nominal) recorded in Philippines?
- The lowest recorded value was -667.94 million in 2009.
- How does Philippines rank for contingent short-term net drains on foreign currency assets (nominal)?
- Philippines ranks 47th out of 61 countries with data for 2025.
- Is contingent short-term net drains on foreign currency assets (nominal) rising or falling in Philippines?
- Over the last ten years it is up 53.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Contingent short-term net drains on foreign currency assets (nominal value), Contingent liabilities, More than 1 and up to 3 months (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social S. Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.