Liabilities, Loans (OFCS) in Philippines

Philippines: Liabilities, Loans (OFCS) was 233.04 billion in 2025. β–Ό Falling

Latest (2025)
233.04 billion
Change on year
down 19.6%
World rank
14th
of 65 countries
All-time high
341.52 billion
in 2021
All-time low
233.04 billion
in 2025
Years of data
9
2017–2025

Liabilities, Loans (OFCS) in Philippines, 2017–2025

0100.0B200.0B300.0B2017202120252017: 315.5B2018: 321.7B2019: 321.9B2020: 294.0B2021: 341.5B2022: 284.3B2023: 327.6B2024: 289.8B2025: 233.0B

Source: International Monetary Fund.

Analysis

In 2025, liabilities, loans (ofcs) in Philippines stood at 233.04 billion. That is the lowest value across all 9 years on record.

The figure is down 19.6% on the previous year and down 26.1% over ten years.

Over the whole period, liabilities, loans (ofcs) in Philippines peaked at 341.52 billion in 2021 and was at its lowest, 233.04 billion, in 2025.

That places Philippines 14th out of 65 countries with data for 2025, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 319.70 billion 315.53 billion 321.90 billion 3
2020s 295.04 billion 233.04 billion 341.52 billion 6

Countries ranked near Philippines

  1. 11 Mexico 428.75 billion compare
  2. 12 Uganda 245.71 billion compare
  3. 13 Morocco 236.12 billion compare
  4. 15 Angola 183.04 billion compare
  5. 16 South Africa 178.62 billion compare
  6. 17 Australia 133.33 billion compare

See the full ranking of 65 places β†’

More external debt data for Philippines

All data for Philippines β†’

Frequently asked questions

What is liabilities, loans (ofcs) in Philippines?
Liabilities, loans (ofcs) in Philippines was 233.04 billion in 2025, according to International Monetary Fund.
What is the highest liabilities, loans (ofcs) recorded in Philippines?
The highest recorded value was 341.52 billion in 2021.
What is the lowest liabilities, loans (ofcs) recorded in Philippines?
The lowest recorded value was 233.04 billion in 2025.
How does Philippines rank for liabilities, loans (ofcs)?
Philippines ranks 14th out of 65 countries with data for 2025.
Is liabilities, loans (ofcs) rising or falling in Philippines?
Over the last ten years it is down 26.1%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from International Monetary Fund, published as part of Liabilities, Loans (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.

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Liabilities, Loans (OFCS) in Philippines. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://debt.statizoid.com/stat/liabilities-loans-ofcs-domestic-currency/philippines/

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About this data

Indicator
Liabilities, Loans (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
65 places, 1,127 data points, 2001–2025
Last refreshed

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.