Debt service on external debt, total (TDS, current US$), per unit of in Philippines
Philippines: Debt service on external debt, total (TDS, current US$), per unit of was 0.039 TDS, current US$ per US$ of GDP in 2024. ▼ Falling
Debt service on external debt, total (TDS, current US$), per unit of in Philippines, 1970–2024
Source: Statizoid (derived). Measured in TDS, current US$ per US$ of GDP.
Analysis
Philippines recorded 0.039 TDS, current US$ per US$ of GDP for debt service on external debt, total (tds, current us$), per unit of in 2024.
Compared with earlier readings it is up 15.9% on the previous year and up 42.7% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), per unit of in Philippines peaked at 0.121 TDS, current US$ per US$ of GDP in 2002 and was at its lowest, 0.0231 TDS, current US$ per US$ of GDP, in 2013.
Philippines ranks 63rd of 121 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Debt service on external debt, total (TDS, current US$), per unit of in Philippines, year by year
| Year | TDS, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0407 TDS, current US$ per US$ of GDP | — |
| 1971 | 0.041 TDS, current US$ per US$ of GDP | +0.6% |
| 1972 | 0.041 TDS, current US$ per US$ of GDP | -0.0% |
| 1973 | 0.0493 TDS, current US$ per US$ of GDP | +20.4% |
| 1974 | 0.0321 TDS, current US$ per US$ of GDP | -34.9% |
| 1975 | 0.0271 TDS, current US$ per US$ of GDP | -15.6% |
| 1976 | 0.0295 TDS, current US$ per US$ of GDP | +8.9% |
| 1977 | 0.0298 TDS, current US$ per US$ of GDP | +1.0% |
| 1978 | 0.0536 TDS, current US$ per US$ of GDP | +80.1% |
| 1979 | 0.0507 TDS, current US$ per US$ of GDP | -5.4% |
| 1980 | 0.0592 TDS, current US$ per US$ of GDP | +16.8% |
| 1981 | 0.0733 TDS, current US$ per US$ of GDP | +23.8% |
| 1982 | 0.0832 TDS, current US$ per US$ of GDP | +13.5% |
| 1983 | 0.0802 TDS, current US$ per US$ of GDP | -3.7% |
| 1984 | 0.0757 TDS, current US$ per US$ of GDP | -5.7% |
| 1985 | 0.0725 TDS, current US$ per US$ of GDP | -4.2% |
| 1986 | 0.0871 TDS, current US$ per US$ of GDP | +20.2% |
| 1987 | 0.0893 TDS, current US$ per US$ of GDP | +2.5% |
| 1988 | 0.0789 TDS, current US$ per US$ of GDP | -11.7% |
| 1989 | 0.0669 TDS, current US$ per US$ of GDP | -15.2% |
| 1990 | 0.0711 TDS, current US$ per US$ of GDP | +6.3% |
| 1991 | 0.0656 TDS, current US$ per US$ of GDP | -7.7% |
| 1992 | 0.0712 TDS, current US$ per US$ of GDP | +8.6% |
| 1993 | 0.0793 TDS, current US$ per US$ of GDP | +11.3% |
| 1994 | 0.0635 TDS, current US$ per US$ of GDP | -19.9% |
| 1995 | 0.0634 TDS, current US$ per US$ of GDP | -0.3% |
| 1996 | 0.0567 TDS, current US$ per US$ of GDP | -10.4% |
| 1997 | 0.0484 TDS, current US$ per US$ of GDP | -14.7% |
| 1998 | 0.0638 TDS, current US$ per US$ of GDP | +31.9% |
| 1999 | 0.0689 TDS, current US$ per US$ of GDP | +8.0% |
| 2000 | 0.0845 TDS, current US$ per US$ of GDP | +22.6% |
| 2001 | 0.1187 TDS, current US$ per US$ of GDP | +40.5% |
| 2002 | 0.121 TDS, current US$ per US$ of GDP | +2.0% |
| 2003 | 0.1172 TDS, current US$ per US$ of GDP | -3.2% |
| 2004 | 0.1209 TDS, current US$ per US$ of GDP | +3.1% |
| 2005 | 0.0887 TDS, current US$ per US$ of GDP | -26.6% |
| 2006 | 0.1035 TDS, current US$ per US$ of GDP | +16.7% |
| 2007 | 0.0532 TDS, current US$ per US$ of GDP | -48.6% |
| 2008 | 0.0572 TDS, current US$ per US$ of GDP | +7.6% |
| 2009 | 0.0511 TDS, current US$ per US$ of GDP | -10.7% |
| 2010 | 0.055 TDS, current US$ per US$ of GDP | +7.7% |
| 2011 | 0.0477 TDS, current US$ per US$ of GDP | -13.3% |
| 2012 | 0.0264 TDS, current US$ per US$ of GDP | -44.8% |
| 2013 | 0.0231 TDS, current US$ per US$ of GDP | -12.5% |
| 2014 | 0.0273 TDS, current US$ per US$ of GDP | +18.5% |
| 2015 | 0.0511 TDS, current US$ per US$ of GDP | +87.0% |
| 2016 | 0.0341 TDS, current US$ per US$ of GDP | -33.4% |
| 2017 | 0.0369 TDS, current US$ per US$ of GDP | +8.4% |
| 2018 | 0.0287 TDS, current US$ per US$ of GDP | -22.3% |
| 2019 | 0.028 TDS, current US$ per US$ of GDP | -2.3% |
| 2020 | 0.0272 TDS, current US$ per US$ of GDP | -3.0% |
| 2021 | 0.0308 TDS, current US$ per US$ of GDP | +13.4% |
| 2022 | 0.0238 TDS, current US$ per US$ of GDP | -22.8% |
| 2023 | 0.0337 TDS, current US$ per US$ of GDP | +41.7% |
| 2024 | 0.039 TDS, current US$ per US$ of GDP | +15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0395 TDS, current US$ per US$ of GDP | 0.0271 TDS, current US$ per US$ of GDP | 0.0536 TDS, current US$ per US$ of GDP | 10 |
| 1980s | 0.0766 TDS, current US$ per US$ of GDP | 0.0592 TDS, current US$ per US$ of GDP | 0.0893 TDS, current US$ per US$ of GDP | 10 |
| 1990s | 0.0652 TDS, current US$ per US$ of GDP | 0.0484 TDS, current US$ per US$ of GDP | 0.0793 TDS, current US$ per US$ of GDP | 10 |
| 2000s | 0.0916 TDS, current US$ per US$ of GDP | 0.0511 TDS, current US$ per US$ of GDP | 0.121 TDS, current US$ per US$ of GDP | 10 |
| 2010s | 0.0358 TDS, current US$ per US$ of GDP | 0.0231 TDS, current US$ per US$ of GDP | 0.055 TDS, current US$ per US$ of GDP | 10 |
| 2020s | 0.0309 TDS, current US$ per US$ of GDP | 0.0238 TDS, current US$ per US$ of GDP | 0.039 TDS, current US$ per US$ of GDP | 5 |
Countries ranked near Philippines
- 60 Fiji 0.0409 TDS, current US$ per US$ of GDP compare
- 61 Belize 0.0398 TDS, current US$ per US$ of GDP compare
- 62 Tajikistan 0.0398 TDS, current US$ per US$ of GDP compare
- 64 Burkina Faso 0.0382 TDS, current US$ per US$ of GDP compare
- 65 Saint Vincent and the Grenadines 0.0381 TDS, current US$ per US$ of GDP compare
- 66 Mauritania 0.0379 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, total (tds, current us$), per unit of in Philippines?
- Debt service on external debt, total (tds, current us$), per unit of in Philippines was 0.039 TDS, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), per unit of recorded in Philippines?
- The highest recorded value was 0.121 TDS, current US$ per US$ of GDP in 2002.
- What is the lowest debt service on external debt, total (tds, current us$), per unit of recorded in Philippines?
- The lowest recorded value was 0.0231 TDS, current US$ per US$ of GDP in 2013.
- How does Philippines rank for debt service on external debt, total (tds, current us$), per unit of?
- Philippines ranks 63rd out of 121 countries with data for 2024.
- Is debt service on external debt, total (tds, current us$), per unit of rising or falling in Philippines?
- Over the last ten years it is up 42.7%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, total (TDS, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Debt service on external debt, total (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Debt service on external debt, total (TDS, current US$) ÷ GDP (current US$)
Computed from
- Debt service on external debt, total International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Debt service on external debt, total (TDS, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.