External debt stocks, private nonguaranteed (PNG) in Philippines
Philippines: External debt stocks, private nonguaranteed (PNG) was 31.92 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
31.92 billion DOD, current US$
Change on year
up 3.9%
World rank
16th
of 97 countries
All-time high
31.92 billion DOD, current US$
in 2024
All-time low
919.30 million DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, private nonguaranteed (PNG) in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Philippines recorded 31.92 billion DOD, current US$ for external debt stocks, private nonguaranteed (png) in 2024. That is the highest value across all 55 years on record.
The figure is up 3.9% on the previous year and up 43.2% over ten years.
Over the whole period, external debt stocks, private nonguaranteed (png) in Philippines peaked at 31.92 billion DOD, current US$ in 2024 and was at its lowest, 919.30 million DOD, current US$, in 1970.
That places Philippines 16th out of 97 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, private nonguaranteed (PNG) in Philippines, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 919.30 million DOD, current US$ | — |
| 1971 | 979.70 million DOD, current US$ | +6.6% |
| 1972 | 983.20 million DOD, current US$ | +0.4% |
| 1973 | 1.04 billion DOD, current US$ | +5.9% |
| 1974 | 1.21 billion DOD, current US$ | +16.5% |
| 1975 | 1.41 billion DOD, current US$ | +16.3% |
| 1976 | 1.81 billion DOD, current US$ | +28.4% |
| 1977 | 2.16 billion DOD, current US$ | +19.5% |
| 1978 | 2.09 billion DOD, current US$ | -3.4% |
| 1979 | 2.07 billion DOD, current US$ | -0.9% |
| 1980 | 2.45 billion DOD, current US$ | +18.5% |
| 1981 | 2.76 billion DOD, current US$ | +12.5% |
| 1982 | 3.23 billion DOD, current US$ | +17.0% |
| 1983 | 3.13 billion DOD, current US$ | -3.2% |
| 1984 | 2.71 billion DOD, current US$ | -13.3% |
| 1985 | 2.60 billion DOD, current US$ | -4.1% |
| 1986 | 2.29 billion DOD, current US$ | -11.8% |
| 1987 | 1.83 billion DOD, current US$ | -20.1% |
| 1988 | 1.61 billion DOD, current US$ | -12.2% |
| 1989 | 1.19 billion DOD, current US$ | -26.2% |
| 1990 | 1.20 billion DOD, current US$ | +1.0% |
| 1991 | 1.36 billion DOD, current US$ | +13.4% |
| 1992 | 1.03 billion DOD, current US$ | -24.4% |
| 1993 | 2.21 billion DOD, current US$ | +114.4% |
| 1994 | 3.56 billion DOD, current US$ | +61.3% |
| 1995 | 4.85 billion DOD, current US$ | +36.0% |
| 1996 | 8.55 billion DOD, current US$ | +76.5% |
| 1997 | 11.66 billion DOD, current US$ | +36.3% |
| 1998 | 17.01 billion DOD, current US$ | +45.9% |
| 1999 | 16.78 billion DOD, current US$ | -1.4% |
| 2000 | 17.03 billion DOD, current US$ | +1.5% |
| 2001 | 21.09 billion DOD, current US$ | +23.8% |
| 2002 | 20.34 billion DOD, current US$ | -3.5% |
| 2003 | 19.07 billion DOD, current US$ | -6.3% |
| 2004 | 19.18 billion DOD, current US$ | +0.6% |
| 2005 | 16.38 billion DOD, current US$ | -14.6% |
| 2006 | 15.44 billion DOD, current US$ | -5.7% |
| 2007 | 13.77 billion DOD, current US$ | -10.8% |
| 2008 | 11.83 billion DOD, current US$ | -14.1% |
| 2009 | 8.47 billion DOD, current US$ | -28.4% |
| 2010 | 8.46 billion DOD, current US$ | -0.1% |
| 2011 | 7.81 billion DOD, current US$ | -7.6% |
| 2012 | 7.29 billion DOD, current US$ | -6.7% |
| 2013 | 19.95 billion DOD, current US$ | +173.6% |
| 2014 | 22.29 billion DOD, current US$ | +11.7% |
| 2015 | 24.58 billion DOD, current US$ | +10.3% |
| 2016 | 23.77 billion DOD, current US$ | -3.3% |
| 2017 | 21.59 billion DOD, current US$ | -9.2% |
| 2018 | 23.61 billion DOD, current US$ | +9.3% |
| 2019 | 24.24 billion DOD, current US$ | +2.7% |
| 2020 | 26.58 billion DOD, current US$ | +9.7% |
| 2021 | 27.94 billion DOD, current US$ | +5.1% |
| 2022 | 27.82 billion DOD, current US$ | -0.4% |
| 2023 | 30.71 billion DOD, current US$ | +10.4% |
| 2024 | 31.92 billion DOD, current US$ | +3.9% |
Philippines compared with similar countries
- Philippines's 31.92 billion DOD, current US$ is above the median for upper middle income countries, which is 7.52 billion DOD, current US$, 4.2× the median. (45 countries reporting)
- Philippines's 31.92 billion DOD, current US$ is above the median for East Asia & Pacific, which is 6.52 billion DOD, current US$, 4.9× the median. (13 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, private nonguaranteed (PNG) in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +173.6% | 7.29 billion DOD, current US$ | 19.95 billion DOD, current US$ |
| 1993 | +114.4% | 1.03 billion DOD, current US$ | 2.21 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.47 billion DOD, current US$ | 919.30 million DOD, current US$ | 2.16 billion DOD, current US$ | 10 |
| 1980s | 2.38 billion DOD, current US$ | 1.19 billion DOD, current US$ | 3.23 billion DOD, current US$ | 10 |
| 1990s | 6.82 billion DOD, current US$ | 1.03 billion DOD, current US$ | 17.01 billion DOD, current US$ | 10 |
| 2000s | 16.26 billion DOD, current US$ | 8.47 billion DOD, current US$ | 21.09 billion DOD, current US$ | 10 |
| 2010s | 18.36 billion DOD, current US$ | 7.29 billion DOD, current US$ | 24.58 billion DOD, current US$ | 10 |
| 2020s | 28.99 billion DOD, current US$ | 26.58 billion DOD, current US$ | 31.92 billion DOD, current US$ | 5 |
Countries ranked near Philippines
- 13 Ukraine 51.07 billion DOD, current US$ compare
- 14 Argentina 35.99 billion DOD, current US$ compare
- 15 Peru 32.97 billion DOD, current US$ compare
- 17 Nigeria 30.29 billion DOD, current US$ compare
- 18 Mongolia 25.52 billion DOD, current US$ compare
- 19 Uzbekistan 24.18 billion DOD, 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 external debt stocks, private nonguaranteed (png) in Philippines?
- External debt stocks, private nonguaranteed (png) in Philippines was 31.92 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, private nonguaranteed (png) recorded in Philippines?
- The highest recorded value was 31.92 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, private nonguaranteed (png) recorded in Philippines?
- The lowest recorded value was 919.30 million DOD, current US$ in 1970.
- How does Philippines rank for external debt stocks, private nonguaranteed (png)?
- Philippines ranks 16th out of 97 countries with data for 2024.
- Is external debt stocks, private nonguaranteed (png) rising or falling in Philippines?
- Over the last ten years it is up 43.2%. 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 External debt stocks, private nonguaranteed (PNG) (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Private nonguaranteed external debt comprises long-term external obligations of private debtors that are not guaranteed for repayment by a public entity. Data are in current U.S. dollars.