Direct investment, Net incurrence of liabilities, Liabilities in Philippines

Philippines: Direct investment, Net incurrence of liabilities, Liabilities was 9.44 billion in 2024. ◆ Volatile

Latest (2024)
9.44 billion
Change on year
up 5.8%
World rank
38th
of 196 countries
All-time high
11.98 billion
in 2021
All-time low
1.07 billion
in 2010
Years of data
20
2005–2024

Direct investment, Net incurrence of liabilities, Liabilities in Philippines, 2005–2024

02.5B5.0B7.5B10.0B12.5B2005201420242005: 1.7B2006: 2.7B2007: 2.9B2008: 1.3B2009: 2.1B2010: 1.1B2011: 2.0B2012: 3.2B2013: 3.7B2014: 5.7B2015: 5.6B2016: 8.3B2017: 10.3B2018: 9.9B2019: 8.7B2020: 6.8B2021: 12.0B2022: 9.5B2023: 8.9B2024: 9.4B

Source: International Monetary Fund.

Analysis

Philippines recorded 9.44 billion for direct investment, net incurrence of liabilities, liabilities in 2024.

That represents a change of up 5.8% on the previous year and up 64.5% over ten years.

Over the whole period, direct investment, net incurrence of liabilities, liabilities in Philippines peaked at 11.98 billion in 2021 and was at its lowest, 1.07 billion, in 2010.

Philippines ranks 38th of 196 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Direct investment, Net incurrence of liabilities, Liabilities in Philippines, year by year

Annual values for Direct investment, Net incurrence of liabilities, Liabilities (US dollar) in Philippines, 2005 to 2024.
Year Value Change
2005 1.66 billion
2006 2.71 billion +62.7%
2007 2.92 billion +7.8%
2008 1.34 billion -54.1%
2009 2.06 billion +54.1%
2010 1.07 billion -48.2%
2011 2.01 billion +87.5%
2012 3.22 billion +60.2%
2013 3.74 billion +16.2%
2014 5.74 billion +53.6%
2015 5.64 billion -1.7%
2016 8.28 billion +46.8%
2017 10.26 billion +23.9%
2018 9.95 billion -3.0%
2019 8.67 billion -12.8%
2020 6.82 billion -21.3%
2021 11.98 billion +75.7%
2022 9.49 billion -20.8%
2023 8.93 billion -6.0%
2024 9.44 billion +5.8%

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.14 billion 1.34 billion 2.92 billion 5
2010s 5.86 billion 1.07 billion 10.26 billion 10
2020s 9.33 billion 6.82 billion 11.98 billion 5

Countries ranked near Philippines

  1. 35 Argentina 11.64 billion compare
  2. 36 Norway 11.54 billion compare
  3. 37 Taiwan, China 11.09 billion compare
  4. 39 Mauritius 8.94 billion compare
  5. 40 Finland 8.74 billion compare
  6. 41 Romania 7.16 billion compare

See the full ranking of 205 places →

More external debt data for Philippines

All data for Philippines →

Frequently asked questions

What is direct investment, net incurrence of liabilities, liabilities in Philippines?
Direct investment, net incurrence of liabilities, liabilities in Philippines was 9.44 billion in 2024, according to International Monetary Fund.
What is the highest direct investment, net incurrence of liabilities, liabilities recorded in Philippines?
The highest recorded value was 11.98 billion in 2021.
What is the lowest direct investment, net incurrence of liabilities, liabilities recorded in Philippines?
The lowest recorded value was 1.07 billion in 2010.
How does Philippines rank for direct investment, net incurrence of liabilities, liabilities?
Philippines ranks 38th out of 196 countries with data for 2024.
Is direct investment, net incurrence of liabilities, liabilities rising or falling in Philippines?
Over the last ten years it is up 64.5%. 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 Direct investment, Net incurrence of liabilities, Liabilities (US dollar). Statizoid updates them automatically from the source API.

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Direct investment, Net incurrence of liabilities, Liabilities in Philippines. Statizoid, drawing on International Monetary Fund. Retrieved 25 August 2026, from https://debt.statizoid.com/stat/direct-investment-net-incurrence-of-liabilities-liabilities-us-dollar/philippines/

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About this data

Indicator
Direct investment, Net incurrence of liabilities, Liabilities (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
205 places, 3,846 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.