Debt service on external debt, public and publicly guaranteed (PPG) in Philippines
Philippines: Debt service on external debt, public and publicly guaranteed (PPG) was 9.67 billion TDS, current US$ in 2024. ◆ Volatile
Latest (2024)
9.67 billion TDS, current US$
Change on year
up 57.8%
World rank
13th
of 122 countries
All-time high
9.79 billion TDS, current US$
in 2010
All-time low
97.28 million TDS, current US$
in 1971
Years of data
55
1970–2024
Debt service on external debt, public and publicly guaranteed (PPG) in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Philippines is 9.67 billion TDS, current US$, measured in 2024.
The figure is up 57.8% on the previous year and up 87.8% over ten years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Philippines peaked at 9.79 billion TDS, current US$ in 2010 and was at its lowest, 97.28 million TDS, current US$, in 1971.
Philippines ranks 13th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Philippines, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 101.13 million TDS, current US$ | — |
| 1971 | 97.28 million TDS, current US$ | -3.8% |
| 1972 | 139.43 million TDS, current US$ | +43.3% |
| 1973 | 238.96 million TDS, current US$ | +71.4% |
| 1974 | 199.10 million TDS, current US$ | -16.7% |
| 1975 | 236.16 million TDS, current US$ | +18.6% |
| 1976 | 256.14 million TDS, current US$ | +8.5% |
| 1977 | 318.00 million TDS, current US$ | +24.2% |
| 1978 | 618.71 million TDS, current US$ | +94.6% |
| 1979 | 783.73 million TDS, current US$ | +26.7% |
| 1980 | 596.24 million TDS, current US$ | -23.9% |
| 1981 | 865.59 million TDS, current US$ | +45.2% |
| 1982 | 1.04 billion TDS, current US$ | +20.3% |
| 1983 | 1.20 billion TDS, current US$ | +15.3% |
| 1984 | 1.15 billion TDS, current US$ | -4.0% |
| 1985 | 1.24 billion TDS, current US$ | +7.3% |
| 1986 | 1.87 billion TDS, current US$ | +50.9% |
| 1987 | 2.33 billion TDS, current US$ | +25.2% |
| 1988 | 2.57 billion TDS, current US$ | +10.1% |
| 1989 | 2.22 billion TDS, current US$ | -13.6% |
| 1990 | 2.90 billion TDS, current US$ | +30.3% |
| 1991 | 2.76 billion TDS, current US$ | -4.8% |
| 1992 | 3.79 billion TDS, current US$ | +37.4% |
| 1993 | 4.25 billion TDS, current US$ | +12.2% |
| 1994 | 3.63 billion TDS, current US$ | -14.6% |
| 1995 | 4.29 billion TDS, current US$ | +18.2% |
| 1996 | 4.04 billion TDS, current US$ | -5.9% |
| 1997 | 3.28 billion TDS, current US$ | -18.8% |
| 1998 | 3.60 billion TDS, current US$ | +9.8% |
| 1999 | 4.26 billion TDS, current US$ | +18.3% |
| 2000 | 4.40 billion TDS, current US$ | +3.2% |
| 2001 | 5.47 billion TDS, current US$ | +24.4% |
| 2002 | 5.52 billion TDS, current US$ | +1.0% |
| 2003 | 5.64 billion TDS, current US$ | +2.1% |
| 2004 | 6.85 billion TDS, current US$ | +21.4% |
| 2005 | 5.76 billion TDS, current US$ | -15.8% |
| 2006 | 8.48 billion TDS, current US$ | +47.1% |
| 2007 | 5.08 billion TDS, current US$ | -40.1% |
| 2008 | 6.46 billion TDS, current US$ | +27.2% |
| 2009 | 6.68 billion TDS, current US$ | +3.5% |
| 2010 | 9.79 billion TDS, current US$ | +46.5% |
| 2011 | 7.74 billion TDS, current US$ | -21.0% |
| 2012 | 5.48 billion TDS, current US$ | -29.2% |
| 2013 | 5.46 billion TDS, current US$ | -0.4% |
| 2014 | 5.15 billion TDS, current US$ | -5.6% |
| 2015 | 5.58 billion TDS, current US$ | +8.4% |
| 2016 | 6.51 billion TDS, current US$ | +16.6% |
| 2017 | 5.26 billion TDS, current US$ | -19.1% |
| 2018 | 4.68 billion TDS, current US$ | -11.1% |
| 2019 | 6.53 billion TDS, current US$ | +39.4% |
| 2020 | 5.65 billion TDS, current US$ | -13.4% |
| 2021 | 7.76 billion TDS, current US$ | +37.3% |
| 2022 | 5.50 billion TDS, current US$ | -29.1% |
| 2023 | 6.13 billion TDS, current US$ | +11.4% |
| 2024 | 9.67 billion TDS, current US$ | +57.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 298.86 million TDS, current US$ | 97.28 million TDS, current US$ | 783.73 million TDS, current US$ | 10 |
| 1980s | 1.51 billion TDS, current US$ | 596.24 million TDS, current US$ | 2.57 billion TDS, current US$ | 10 |
| 1990s | 3.68 billion TDS, current US$ | 2.76 billion TDS, current US$ | 4.29 billion TDS, current US$ | 10 |
| 2000s | 6.03 billion TDS, current US$ | 4.40 billion TDS, current US$ | 8.48 billion TDS, current US$ | 10 |
| 2010s | 6.22 billion TDS, current US$ | 4.68 billion TDS, current US$ | 9.79 billion TDS, current US$ | 10 |
| 2020s | 6.94 billion TDS, current US$ | 5.50 billion TDS, current US$ | 9.67 billion TDS, current US$ | 5 |
Countries ranked near Philippines
- 10 Argentina 14.25 billion TDS, current US$ compare
- 11 Pakistan 11.22 billion TDS, current US$ compare
- 12 Angola 9.86 billion TDS, current US$ compare
- 14 South Africa 8.93 billion TDS, current US$ compare
- 15 Morocco 6.07 billion TDS, current US$ compare
- 16 Viet Nam 5.85 billion TDS, current US$ 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 9.67 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Philippines?
- The highest recorded value was 9.79 billion TDS, current US$ in 2010.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Philippines?
- The lowest recorded value was 97.28 million TDS, current US$ in 1971.
- How does Philippines rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Philippines ranks 13th 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 87.8%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Data are in current U.S. dollars.