Debt service on external debt, public and publicly guaranteed (PPG) in Philippines
Philippines: Debt service on external debt, public and publicly guaranteed (PPG) was 83.5 TDS, current US$ per person in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Philippines, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per person.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Philippines is 83.5 TDS, current US$ per person, measured in 2024.
The figure is up 56.5% on the previous year and up 68.2% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Philippines peaked at 101.63 TDS, current US$ per person in 2010 and was at its lowest, 2.53 TDS, current US$ per person, in 1971.
That places Philippines 63rd out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Philippines, year by year
| Year | TDS, current US$ per person | Change |
|---|---|---|
| 1970 | 2.69 TDS, current US$ per person | — |
| 1971 | 2.53 TDS, current US$ per person | -6.0% |
| 1972 | 3.54 TDS, current US$ per person | +40.1% |
| 1973 | 5.93 TDS, current US$ per person | +67.6% |
| 1974 | 4.84 TDS, current US$ per person | -18.5% |
| 1975 | 5.61 TDS, current US$ per person | +15.9% |
| 1976 | 5.93 TDS, current US$ per person | +5.7% |
| 1977 | 7.17 TDS, current US$ per person | +20.9% |
| 1978 | 13.58 TDS, current US$ per person | +89.4% |
| 1979 | 16.74 TDS, current US$ per person | +23.3% |
| 1980 | 12.41 TDS, current US$ per person | -25.9% |
| 1981 | 17.55 TDS, current US$ per person | +41.4% |
| 1982 | 20.54 TDS, current US$ per person | +17.0% |
| 1983 | 23 TDS, current US$ per person | +12.0% |
| 1984 | 21.45 TDS, current US$ per person | -6.7% |
| 1985 | 22.39 TDS, current US$ per person | +4.4% |
| 1986 | 32.93 TDS, current US$ per person | +47.1% |
| 1987 | 40.15 TDS, current US$ per person | +21.9% |
| 1988 | 43.04 TDS, current US$ per person | +7.2% |
| 1989 | 36.27 TDS, current US$ per person | -15.7% |
| 1990 | 46.08 TDS, current US$ per person | +27.0% |
| 1991 | 42.84 TDS, current US$ per person | -7.0% |
| 1992 | 57.5 TDS, current US$ per person | +34.2% |
| 1993 | 63 TDS, current US$ per person | +9.6% |
| 1994 | 52.65 TDS, current US$ per person | -16.4% |
| 1995 | 60.86 TDS, current US$ per person | +15.6% |
| 1996 | 55.95 TDS, current US$ per person | -8.1% |
| 1997 | 44.38 TDS, current US$ per person | -20.7% |
| 1998 | 47.53 TDS, current US$ per person | +7.1% |
| 1999 | 54.79 TDS, current US$ per person | +15.3% |
| 2000 | 55.22 TDS, current US$ per person | +0.8% |
| 2001 | 67.21 TDS, current US$ per person | +21.7% |
| 2002 | 66.51 TDS, current US$ per person | -1.0% |
| 2003 | 66.57 TDS, current US$ per person | +0.1% |
| 2004 | 79.25 TDS, current US$ per person | +19.0% |
| 2005 | 65.47 TDS, current US$ per person | -17.4% |
| 2006 | 94.71 TDS, current US$ per person | +44.7% |
| 2007 | 55.74 TDS, current US$ per person | -41.1% |
| 2008 | 69.66 TDS, current US$ per person | +25.0% |
| 2009 | 70.79 TDS, current US$ per person | +1.6% |
| 2010 | 101.63 TDS, current US$ per person | +43.6% |
| 2011 | 78.77 TDS, current US$ per person | -22.5% |
| 2012 | 54.68 TDS, current US$ per person | -30.6% |
| 2013 | 53.47 TDS, current US$ per person | -2.2% |
| 2014 | 49.64 TDS, current US$ per person | -7.2% |
| 2015 | 53.02 TDS, current US$ per person | +6.8% |
| 2016 | 61 TDS, current US$ per person | +15.0% |
| 2017 | 48.7 TDS, current US$ per person | -20.2% |
| 2018 | 42.77 TDS, current US$ per person | -12.2% |
| 2019 | 58.91 TDS, current US$ per person | +37.7% |
| 2020 | 50.42 TDS, current US$ per person | -14.4% |
| 2021 | 68.59 TDS, current US$ per person | +36.0% |
| 2022 | 48.29 TDS, current US$ per person | -29.6% |
| 2023 | 53.36 TDS, current US$ per person | +10.5% |
| 2024 | 83.5 TDS, current US$ per person | +56.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.85 TDS, current US$ per person | 2.53 TDS, current US$ per person | 16.74 TDS, current US$ per person | 10 |
| 1980s | 26.97 TDS, current US$ per person | 12.41 TDS, current US$ per person | 43.04 TDS, current US$ per person | 10 |
| 1990s | 52.56 TDS, current US$ per person | 42.84 TDS, current US$ per person | 63 TDS, current US$ per person | 10 |
| 2000s | 69.11 TDS, current US$ per person | 55.22 TDS, current US$ per person | 94.71 TDS, current US$ per person | 10 |
| 2010s | 60.26 TDS, current US$ per person | 42.77 TDS, current US$ per person | 101.63 TDS, current US$ per person | 10 |
| 2020s | 60.83 TDS, current US$ per person | 48.29 TDS, current US$ per person | 83.5 TDS, current US$ per person | 5 |
Countries ranked near Philippines
- 60 Kenya 93.72 TDS, current US$ per person compare
- 61 Nicaragua 92.1 TDS, current US$ per person compare
- 62 Honduras 85.34 TDS, current US$ per person compare
- 64 Eswatini 76.02 TDS, current US$ per person compare
- 65 Mauritania 72.22 TDS, current US$ per person compare
- 66 Iraq 70.47 TDS, current US$ per person compare
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 debt service on external debt, public and publicly guaranteed (ppg) in Philippines?
- Debt service on external debt, public and publicly guaranteed (ppg) in Philippines was 83.5 TDS, current US$ per person in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Philippines?
- The highest recorded value was 101.63 TDS, current US$ per person in 2010.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Philippines?
- The lowest recorded value was 2.53 TDS, current US$ per person in 1971.
- How does Philippines rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Philippines ranks 63rd out of 122 countries with data for 2024.
- Is debt service on external debt, public and publicly guaranteed (ppg) rising or falling in Philippines?
- Over the last ten years it is up 68.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ Population, total
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.