External debt stocks, short-term (DOD, current US$) in Philippines
Philippines: External debt stocks, short-term (DOD, current US$) was 20.23 billion DOD, current US$ in 2025. ◆ Volatile
Latest (2025)
20.23 billion DOD, current US$
Change on year
down 3.4%
World rank
17th
of 123 countries
All-time high
20.95 billion DOD, current US$
in 2024
All-time low
583.00 million DOD, current US$
in 1970
Years of data
56
1970–2025
External debt stocks, short-term in Philippines, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2025, external debt stocks, short-term in Philippines stood at 20.23 billion DOD, current US$.
The figure is down 3.4% on the previous year and up 34.0% over ten years.
Over the whole period, external debt stocks, short-term in Philippines peaked at 20.95 billion DOD, current US$ in 2024 and was at its lowest, 583.00 million DOD, current US$, in 1970.
That places Philippines 17th out of 123 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term (DOD, current US$) in Philippines, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 583.00 million DOD, current US$ | — |
| 1971 | 642.00 million DOD, current US$ | +10.1% |
| 1972 | 709.00 million DOD, current US$ | +10.4% |
| 1973 | 733.00 million DOD, current US$ | +3.4% |
| 1974 | 877.00 million DOD, current US$ | +19.6% |
| 1975 | 1.11 billion DOD, current US$ | +26.2% |
| 1976 | 1.60 billion DOD, current US$ | +44.8% |
| 1977 | 2.47 billion DOD, current US$ | +54.0% |
| 1978 | 3.86 billion DOD, current US$ | +56.5% |
| 1979 | 5.32 billion DOD, current US$ | +37.6% |
| 1980 | 7.56 billion DOD, current US$ | +42.2% |
| 1981 | 9.42 billion DOD, current US$ | +24.7% |
| 1982 | 11.32 billion DOD, current US$ | +20.2% |
| 1983 | 9.42 billion DOD, current US$ | -16.8% |
| 1984 | 9.46 billion DOD, current US$ | +0.4% |
| 1985 | 9.16 billion DOD, current US$ | -3.2% |
| 1986 | 5.38 billion DOD, current US$ | -41.2% |
| 1987 | 3.80 billion DOD, current US$ | -29.4% |
| 1988 | 3.87 billion DOD, current US$ | +1.8% |
| 1989 | 3.95 billion DOD, current US$ | +2.3% |
| 1990 | 4.43 billion DOD, current US$ | +12.0% |
| 1991 | 4.94 billion DOD, current US$ | +11.7% |
| 1992 | 5.26 billion DOD, current US$ | +6.3% |
| 1993 | 5.04 billion DOD, current US$ | -4.2% |
| 1994 | 5.72 billion DOD, current US$ | +13.5% |
| 1995 | 5.28 billion DOD, current US$ | -7.6% |
| 1996 | 7.97 billion DOD, current US$ | +51.0% |
| 1997 | 11.79 billion DOD, current US$ | +48.0% |
| 1998 | 5.86 billion DOD, current US$ | -50.3% |
| 1999 | 4.95 billion DOD, current US$ | -15.5% |
| 2000 | 5.50 billion DOD, current US$ | +11.0% |
| 2001 | 6.00 billion DOD, current US$ | +9.2% |
| 2002 | 5.56 billion DOD, current US$ | -7.3% |
| 2003 | 6.18 billion DOD, current US$ | +11.2% |
| 2004 | 5.05 billion DOD, current US$ | -18.3% |
| 2005 | 6.39 billion DOD, current US$ | +26.7% |
| 2006 | 5.01 billion DOD, current US$ | -21.7% |
| 2007 | 7.08 billion DOD, current US$ | +41.4% |
| 2008 | 7.00 billion DOD, current US$ | -1.2% |
| 2009 | 4.00 billion DOD, current US$ | -42.8% |
| 2010 | 10.51 billion DOD, current US$ | +162.6% |
| 2011 | 12.05 billion DOD, current US$ | +14.6% |
| 2012 | 16.45 billion DOD, current US$ | +36.5% |
| 2013 | 16.91 billion DOD, current US$ | +2.8% |
| 2014 | 16.25 billion DOD, current US$ | -3.9% |
| 2015 | 15.10 billion DOD, current US$ | -7.1% |
| 2016 | 14.53 billion DOD, current US$ | -3.8% |
| 2017 | 14.27 billion DOD, current US$ | -1.7% |
| 2018 | 16.07 billion DOD, current US$ | +12.6% |
| 2019 | 17.21 billion DOD, current US$ | +7.1% |
| 2020 | 14.21 billion DOD, current US$ | -17.4% |
| 2021 | 15.09 billion DOD, current US$ | +6.2% |
| 2022 | 16.62 billion DOD, current US$ | +10.1% |
| 2023 | 17.10 billion DOD, current US$ | +2.9% |
| 2024 | 20.95 billion DOD, current US$ | +22.5% |
| 2025 | 20.23 billion DOD, current US$ | -3.4% |
Philippines compared with similar countries
- Philippines's 20.23 billion DOD, current US$ is above the median for upper middle income countries, which is 2.37 billion DOD, current US$, 8.5× the median. (52 countries reporting)
- Philippines's 20.23 billion DOD, current US$ is above the median for East Asia & Pacific, which is 1.08 billion DOD, current US$, 18.8× the median. (16 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term (DOD, current US$) 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 |
|---|---|---|---|
| 2010 | +162.6% | 4.00 billion DOD, current US$ | 10.51 billion DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.79 billion DOD, current US$ | 583.00 million DOD, current US$ | 5.32 billion DOD, current US$ | 10 |
| 1980s | 7.33 billion DOD, current US$ | 3.80 billion DOD, current US$ | 11.32 billion DOD, current US$ | 10 |
| 1990s | 6.12 billion DOD, current US$ | 4.43 billion DOD, current US$ | 11.79 billion DOD, current US$ | 10 |
| 2000s | 5.78 billion DOD, current US$ | 4.00 billion DOD, current US$ | 7.08 billion DOD, current US$ | 10 |
| 2010s | 14.93 billion DOD, current US$ | 10.51 billion DOD, current US$ | 17.21 billion DOD, current US$ | 10 |
| 2020s | 17.37 billion DOD, current US$ | 14.21 billion DOD, current US$ | 20.95 billion DOD, current US$ | 6 |
Countries ranked near Philippines
- 14 Ukraine 23.15 billion DOD, current US$ compare
- 15 Kazakhstan 21.70 billion DOD, current US$ compare
- 16 Lebanon 21.24 billion DOD, current US$ compare
- 18 Colombia 20.15 billion DOD, current US$ compare
- 19 Jordan 18.94 billion DOD, current US$ compare
- 20 Tunisia 17.30 billion DOD, current US$ compare
More external debt data for Philippines
- Net financial flows, IBRD 1.38 billion NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre -8.3 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 3.83 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 89.88 billion DOD, current US$ (2025)
- External debt stocks, long-term 123.11 billion DOD, current US$ (2025)
Frequently asked questions
- What is external debt stocks, short-term in Philippines?
- External debt stocks, short-term in Philippines was 20.23 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Philippines?
- The highest recorded value was 20.95 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, short-term recorded in Philippines?
- The lowest recorded value was 583.00 million DOD, current US$ in 1970.
- How does Philippines rank for external debt stocks, short-term?
- Philippines ranks 17th out of 123 countries with data for 2025.
- Is external debt stocks, short-term rising or falling in Philippines?
- Over the last ten years it is up 34.0%. 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, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 56 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.