Debt service on external debt, public and publicly guaranteed (PPG) in Philippines
Philippines: Debt service on external debt, public and publicly guaranteed (PPG) was 0.021 TDS, current US$ per US$ of GDP 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 US$ of GDP.
Analysis
In 2024, debt service on external debt, public and publicly guaranteed (ppg) in Philippines stood at 0.021 TDS, current US$ per US$ of GDP.
The figure is up 49.4% on the previous year and up 21.0% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Philippines peaked at 0.0721 TDS, current US$ per US$ of GDP in 2004 and was at its lowest, 0.0116 TDS, current US$ per US$ of GDP, 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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0134 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.0116 TDS, current US$ per US$ of GDP | -13.2% |
| 1972 | 0.0154 TDS, current US$ per US$ of GDP | +32.4% |
| 1973 | 0.0209 TDS, current US$ per US$ of GDP | +36.2% |
| 1974 | 0.0128 TDS, current US$ per US$ of GDP | -39.1% |
| 1975 | 0.014 TDS, current US$ per US$ of GDP | +9.7% |
| 1976 | 0.0132 TDS, current US$ per US$ of GDP | -5.6% |
| 1977 | 0.0143 TDS, current US$ per US$ of GDP | +8.0% |
| 1978 | 0.024 TDS, current US$ per US$ of GDP | +68.3% |
| 1979 | 0.0251 TDS, current US$ per US$ of GDP | +4.5% |
| 1980 | 0.0162 TDS, current US$ per US$ of GDP | -35.5% |
| 1981 | 0.0214 TDS, current US$ per US$ of GDP | +32.1% |
| 1982 | 0.0247 TDS, current US$ per US$ of GDP | +15.4% |
| 1983 | 0.0318 TDS, current US$ per US$ of GDP | +28.9% |
| 1984 | 0.0323 TDS, current US$ per US$ of GDP | +1.5% |
| 1985 | 0.0354 TDS, current US$ per US$ of GDP | +9.6% |
| 1986 | 0.0549 TDS, current US$ per US$ of GDP | +55.2% |
| 1987 | 0.0618 TDS, current US$ per US$ of GDP | +12.6% |
| 1988 | 0.0596 TDS, current US$ per US$ of GDP | -3.6% |
| 1989 | 0.0458 TDS, current US$ per US$ of GDP | -23.1% |
| 1990 | 0.0573 TDS, current US$ per US$ of GDP | +25.2% |
| 1991 | 0.0533 TDS, current US$ per US$ of GDP | -7.1% |
| 1992 | 0.0627 TDS, current US$ per US$ of GDP | +17.8% |
| 1993 | 0.0686 TDS, current US$ per US$ of GDP | +9.3% |
| 1994 | 0.0497 TDS, current US$ per US$ of GDP | -27.6% |
| 1995 | 0.0507 TDS, current US$ per US$ of GDP | +2.1% |
| 1996 | 0.0427 TDS, current US$ per US$ of GDP | -15.9% |
| 1997 | 0.0349 TDS, current US$ per US$ of GDP | -18.3% |
| 1998 | 0.0484 TDS, current US$ per US$ of GDP | +38.7% |
| 1999 | 0.0497 TDS, current US$ per US$ of GDP | +2.9% |
| 2000 | 0.0525 TDS, current US$ per US$ of GDP | +5.6% |
| 2001 | 0.0693 TDS, current US$ per US$ of GDP | +31.9% |
| 2002 | 0.0655 TDS, current US$ per US$ of GDP | -5.5% |
| 2003 | 0.0648 TDS, current US$ per US$ of GDP | -1.1% |
| 2004 | 0.0721 TDS, current US$ per US$ of GDP | +11.2% |
| 2005 | 0.0536 TDS, current US$ per US$ of GDP | -25.6% |
| 2006 | 0.0664 TDS, current US$ per US$ of GDP | +23.8% |
| 2007 | 0.0325 TDS, current US$ per US$ of GDP | -51.0% |
| 2008 | 0.0356 TDS, current US$ per US$ of GDP | +9.2% |
| 2009 | 0.038 TDS, current US$ per US$ of GDP | +6.8% |
| 2010 | 0.047 TDS, current US$ per US$ of GDP | +23.7% |
| 2011 | 0.033 TDS, current US$ per US$ of GDP | -29.7% |
| 2012 | 0.0209 TDS, current US$ per US$ of GDP | -36.7% |
| 2013 | 0.0192 TDS, current US$ per US$ of GDP | -8.1% |
| 2014 | 0.0173 TDS, current US$ per US$ of GDP | -9.9% |
| 2015 | 0.0182 TDS, current US$ per US$ of GDP | +5.2% |
| 2016 | 0.0204 TDS, current US$ per US$ of GDP | +12.1% |
| 2017 | 0.016 TDS, current US$ per US$ of GDP | -21.6% |
| 2018 | 0.0135 TDS, current US$ per US$ of GDP | -15.8% |
| 2019 | 0.0173 TDS, current US$ per US$ of GDP | +28.3% |
| 2020 | 0.0156 TDS, current US$ per US$ of GDP | -9.8% |
| 2021 | 0.0197 TDS, current US$ per US$ of GDP | +26.0% |
| 2022 | 0.0136 TDS, current US$ per US$ of GDP | -30.9% |
| 2023 | 0.014 TDS, current US$ per US$ of GDP | +3.1% |
| 2024 | 0.021 TDS, current US$ per US$ of GDP | +49.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0165 TDS, current US$ per US$ of GDP | 0.0116 TDS, current US$ per US$ of GDP | 0.0251 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0384 TDS, current US$ per US$ of GDP | 0.0162 TDS, current US$ per US$ of GDP | 0.0618 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0518 TDS, current US$ per US$ of GDP | 0.0349 TDS, current US$ per US$ of GDP | 0.0686 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.055 TDS, current US$ per US$ of GDP | 0.0325 TDS, current US$ per US$ of GDP | 0.0721 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0223 TDS, current US$ per US$ of GDP | 0.0135 TDS, current US$ per US$ of GDP | 0.047 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0168 TDS, current US$ per US$ of GDP | 0.0136 TDS, current US$ per US$ of GDP | 0.021 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Philippines
- 60 Turkmenistan 0.0214 TDS, current US$ per US$ of GDP compare
- 61 Mexico 0.0212 TDS, current US$ per US$ of GDP compare
- 62 Haiti 0.0211 TDS, current US$ per US$ of GDP compare
- 64 Papua New Guinea 0.0202 TDS, current US$ per US$ of GDP compare
- 65 Gambia 0.0201 TDS, current US$ per US$ of GDP compare
- 66 Bulgaria 0.0198 TDS, current US$ per US$ of GDP 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 0.021 TDS, current US$ per US$ of GDP 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 0.0721 TDS, current US$ per US$ of GDP in 2004.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Philippines?
- The lowest recorded value was 0.0116 TDS, current US$ per US$ of GDP 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 21.0%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.