External debt stocks, public and publicly guaranteed (PPG) (DOD) in Philippines
Philippines: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 0.1744 DOD, current US$ per US$ of GDP in 2024. ◆ Volatile
Latest (2024)
0.1744 DOD, current US$ per US$ of GDP
Change on year
up 4.5%
World rank
88th
of 122 countries
All-time high
0.6058 DOD, current US$ per US$ of GDP
in 1987
All-time low
0.0725 DOD, current US$ per US$ of GDP
in 1974
Years of data
55
1970–2024
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Philippines, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
Philippines recorded 0.1744 DOD, current US$ per US$ of GDP for external debt stocks, public and publicly guaranteed (ppg) (dod) in 2024.
That represents a change of up 4.5% on the previous year and up 33.2% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) (dod) in Philippines peaked at 0.6058 DOD, current US$ per US$ of GDP in 1987 and was at its lowest, 0.0725 DOD, current US$ per US$ of GDP, in 1974.
Philippines ranks 88th of 122 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Philippines, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0827 DOD, current US$ per US$ of GDP | — |
| 1971 | 0.0836 DOD, current US$ per US$ of GDP | +1.1% |
| 1972 | 0.0966 DOD, current US$ per US$ of GDP | +15.5% |
| 1973 | 0.0784 DOD, current US$ per US$ of GDP | -18.8% |
| 1974 | 0.0725 DOD, current US$ per US$ of GDP | -7.5% |
| 1975 | 0.0865 DOD, current US$ per US$ of GDP | +19.3% |
| 1976 | 0.1145 DOD, current US$ per US$ of GDP | +32.4% |
| 1977 | 0.1357 DOD, current US$ per US$ of GDP | +18.4% |
| 1978 | 0.1615 DOD, current US$ per US$ of GDP | +19.1% |
| 1979 | 0.1628 DOD, current US$ per US$ of GDP | +0.8% |
| 1980 | 0.1727 DOD, current US$ per US$ of GDP | +6.1% |
| 1981 | 0.1845 DOD, current US$ per US$ of GDP | +6.8% |
| 1982 | 0.2099 DOD, current US$ per US$ of GDP | +13.8% |
| 1983 | 0.28 DOD, current US$ per US$ of GDP | +33.4% |
| 1984 | 0.3163 DOD, current US$ per US$ of GDP | +13.0% |
| 1985 | 0.3922 DOD, current US$ per US$ of GDP | +24.0% |
| 1986 | 0.5668 DOD, current US$ per US$ of GDP | +44.5% |
| 1987 | 0.6058 DOD, current US$ per US$ of GDP | +6.9% |
| 1988 | 0.5182 DOD, current US$ per US$ of GDP | -14.5% |
| 1989 | 0.4604 DOD, current US$ per US$ of GDP | -11.2% |
| 1990 | 0.476 DOD, current US$ per US$ of GDP | +3.4% |
| 1991 | 0.4847 DOD, current US$ per US$ of GDP | +1.8% |
| 1992 | 0.4275 DOD, current US$ per US$ of GDP | -11.8% |
| 1993 | 0.4463 DOD, current US$ per US$ of GDP | +4.4% |
| 1994 | 0.4088 DOD, current US$ per US$ of GDP | -8.4% |
| 1995 | 0.3369 DOD, current US$ per US$ of GDP | -17.6% |
| 1996 | 0.2859 DOD, current US$ per US$ of GDP | -15.1% |
| 1997 | 0.2804 DOD, current US$ per US$ of GDP | -1.9% |
| 1998 | 0.3914 DOD, current US$ per US$ of GDP | +39.6% |
| 1999 | 0.4058 DOD, current US$ per US$ of GDP | +3.7% |
| 2000 | 0.4031 DOD, current US$ per US$ of GDP | -0.7% |
| 2001 | 0.37 DOD, current US$ per US$ of GDP | -8.2% |
| 2002 | 0.3832 DOD, current US$ per US$ of GDP | +3.6% |
| 2003 | 0.415 DOD, current US$ per US$ of GDP | +8.3% |
| 2004 | 0.3785 DOD, current US$ per US$ of GDP | -8.8% |
| 2005 | 0.329 DOD, current US$ per US$ of GDP | -13.1% |
| 2006 | 0.2896 DOD, current US$ per US$ of GDP | -12.0% |
| 2007 | 0.2444 DOD, current US$ per US$ of GDP | -15.6% |
| 2008 | 0.2161 DOD, current US$ per US$ of GDP | -11.6% |
| 2009 | 0.2397 DOD, current US$ per US$ of GDP | +10.9% |
| 2010 | 0.2163 DOD, current US$ per US$ of GDP | -9.7% |
| 2011 | 0.1905 DOD, current US$ per US$ of GDP | -12.0% |
| 2012 | 0.1643 DOD, current US$ per US$ of GDP | -13.7% |
| 2013 | 0.1359 DOD, current US$ per US$ of GDP | -17.3% |
| 2014 | 0.1309 DOD, current US$ per US$ of GDP | -3.7% |
| 2015 | 0.1268 DOD, current US$ per US$ of GDP | -3.1% |
| 2016 | 0.1125 DOD, current US$ per US$ of GDP | -11.3% |
| 2017 | 0.1112 DOD, current US$ per US$ of GDP | -1.1% |
| 2018 | 0.1106 DOD, current US$ per US$ of GDP | -0.5% |
| 2019 | 0.1108 DOD, current US$ per US$ of GDP | +0.2% |
| 2020 | 0.1562 DOD, current US$ per US$ of GDP | +40.9% |
| 2021 | 0.1515 DOD, current US$ per US$ of GDP | -3.0% |
| 2022 | 0.1549 DOD, current US$ per US$ of GDP | +2.2% |
| 2023 | 0.1668 DOD, current US$ per US$ of GDP | +7.7% |
| 2024 | 0.1744 DOD, current US$ per US$ of GDP | +4.5% |
Philippines compared with similar countries
- Philippines's 0.1744 DOD, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.2354 DOD, current US$ per US$ of GDP, 74% of the median. (52 countries reporting)
- Philippines's 0.1744 DOD, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.1898 DOD, current US$ per US$ of GDP, 92% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1075 DOD, current US$ per US$ of GDP | 0.0725 DOD, current US$ per US$ of GDP | 0.1628 DOD, current US$ per US$ of GDP | 10 |
| 1980s | 0.3707 DOD, current US$ per US$ of GDP | 0.1727 DOD, current US$ per US$ of GDP | 0.6058 DOD, current US$ per US$ of GDP | 10 |
| 1990s | 0.3944 DOD, current US$ per US$ of GDP | 0.2804 DOD, current US$ per US$ of GDP | 0.4847 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.3268 DOD, current US$ per US$ of GDP | 0.2161 DOD, current US$ per US$ of GDP | 0.415 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.141 DOD, current US$ per US$ of GDP | 0.1106 DOD, current US$ per US$ of GDP | 0.2163 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.1608 DOD, current US$ per US$ of GDP | 0.1515 DOD, current US$ per US$ of GDP | 0.1744 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Philippines
- 85 Eswatini 0.1784 DOD, current US$ per US$ of GDP compare
- 86 Indonesia 0.1758 DOD, current US$ per US$ of GDP compare
- 87 Bulgaria 0.1753 DOD, current US$ per US$ of GDP compare
- 89 Argentina 0.1733 DOD, current US$ per US$ of GDP compare
- 90 Bangladesh 0.1724 DOD, current US$ per US$ of GDP compare
- 91 Bosnia and Herzegovina 0.1657 DOD, 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 external debt stocks, public and publicly guaranteed (ppg) (dod) in Philippines?
- External debt stocks, public and publicly guaranteed (ppg) (dod) in Philippines was 0.1744 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Philippines?
- The highest recorded value was 0.6058 DOD, current US$ per US$ of GDP in 1987.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) (dod) recorded in Philippines?
- The lowest recorded value was 0.0725 DOD, current US$ per US$ of GDP in 1974.
- How does Philippines rank for external debt stocks, public and publicly guaranteed (ppg) (dod)?
- Philippines ranks 88th out of 122 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) (dod) rising or falling in Philippines?
- Over the last ten years it is up 33.2%. 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 External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) ÷ GDP (current US$)
Computed from
- External debt stocks, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.