Liabilities, Insurance Technical Reserves (OFCS) in Philippines
Philippines: Liabilities, Insurance Technical Reserves (OFCS) was 2.31 trillion in 2025. ▲ Rising
Liabilities, Insurance Technical Reserves (OFCS) in Philippines, 2017–2025
Source: International Monetary Fund.
Analysis
Philippines recorded 2.31 trillion for liabilities, insurance technical reserves (ofcs) in 2025. That is the highest value across all 9 years on record.
That represents a change of up 13.8% on the previous year and up 80.9% over ten years.
Over the whole period, liabilities, insurance technical reserves (ofcs) in Philippines peaked at 2.31 trillion in 2025 and was at its lowest, 1.28 trillion, in 2017.
That places Philippines 18th out of 65 countries with data for 2025, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.35 trillion | 1.28 trillion | 1.45 trillion | 3 |
| 2020s | 1.92 trillion | 1.65 trillion | 2.31 trillion | 6 |
Countries ranked near Philippines
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 liabilities, insurance technical reserves (ofcs) in Philippines?
- Liabilities, insurance technical reserves (ofcs) in Philippines was 2.31 trillion in 2025, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in Philippines?
- The highest recorded value was 2.31 trillion in 2025.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Philippines?
- The lowest recorded value was 1.28 trillion in 2017.
- How does Philippines rank for liabilities, insurance technical reserves (ofcs)?
- Philippines ranks 18th out of 65 countries with data for 2025.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in Philippines?
- Over the last ten years it is up 80.9%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.