Multilateral debt service (TDS, current US$), annual growth rate in Philippines
Philippines: Multilateral debt service (TDS, current US$), annual growth rate was 29.1 % change on previous year in 2024. ◆ Volatile
Multilateral debt service (TDS, current US$), annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for multilateral debt service (tds, current us$), annual growth rate in Philippines is 29.1 % change on previous year, measured in 2024.
The figure is down 70.9% on the previous year and up 156.9% over ten years.
Over the whole period, multilateral debt service (tds, current us$), annual growth rate in Philippines peaked at 100.15 % change on previous year in 2023 and was at its lowest, -51.17 % change on previous year, in 2014.
Philippines ranks 28th of 121 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service (TDS, current US$), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 60.41 % change on previous year | — |
| 1972 | -23.73 % change on previous year | -139.3% |
| 1973 | 49.14 % change on previous year | -307.1% |
| 1974 | 18.36 % change on previous year | -62.6% |
| 1975 | 19.37 % change on previous year | +5.5% |
| 1976 | 43.87 % change on previous year | +126.5% |
| 1977 | 33.17 % change on previous year | -24.4% |
| 1978 | 48.9 % change on previous year | +47.4% |
| 1979 | 33.89 % change on previous year | -30.7% |
| 1980 | 21.38 % change on previous year | -36.9% |
| 1981 | 19.19 % change on previous year | -10.3% |
| 1982 | 38.56 % change on previous year | +101.0% |
| 1983 | 14.15 % change on previous year | -63.3% |
| 1984 | 29.26 % change on previous year | +106.8% |
| 1985 | 11.71 % change on previous year | -60.0% |
| 1986 | 34.94 % change on previous year | +198.5% |
| 1987 | 21.74 % change on previous year | -37.8% |
| 1988 | 13.57 % change on previous year | -37.6% |
| 1989 | -2.95 % change on previous year | -121.7% |
| 1990 | 16.6 % change on previous year | -663.0% |
| 1991 | 6.74 % change on previous year | -59.4% |
| 1992 | 5.15 % change on previous year | -23.6% |
| 1993 | 6.74 % change on previous year | +30.7% |
| 1994 | 8.83 % change on previous year | +31.1% |
| 1995 | 15.72 % change on previous year | +78.1% |
| 1996 | -8.75 % change on previous year | -155.7% |
| 1997 | -6.36 % change on previous year | -27.3% |
| 1998 | -5.81 % change on previous year | -8.7% |
| 1999 | 2.94 % change on previous year | -150.6% |
| 2000 | -6.07 % change on previous year | -306.3% |
| 2001 | -9.07 % change on previous year | +49.6% |
| 2002 | 1.63 % change on previous year | -117.9% |
| 2003 | -1.42 % change on previous year | -187.2% |
| 2004 | -2.44 % change on previous year | +72.1% |
| 2005 | 4.02 % change on previous year | -264.9% |
| 2006 | 18.48 % change on previous year | +359.6% |
| 2007 | -10.37 % change on previous year | -156.1% |
| 2008 | 33.83 % change on previous year | -426.2% |
| 2009 | -29.89 % change on previous year | -188.3% |
| 2010 | -3.57 % change on previous year | -88.1% |
| 2011 | -6.42 % change on previous year | +79.7% |
| 2012 | -3.24 % change on previous year | -49.5% |
| 2013 | 87.9 % change on previous year | -2813.0% |
| 2014 | -51.17 % change on previous year | -158.2% |
| 2015 | 6.41 % change on previous year | -112.5% |
| 2016 | 1.61 % change on previous year | -74.8% |
| 2017 | 12.21 % change on previous year | +656.9% |
| 2018 | 9.75 % change on previous year | -20.2% |
| 2019 | 10.37 % change on previous year | +6.4% |
| 2020 | -4.31 % change on previous year | -141.5% |
| 2021 | -7.67 % change on previous year | +77.9% |
| 2022 | 32.91 % change on previous year | -529.3% |
| 2023 | 100.15 % change on previous year | +204.3% |
| 2024 | 29.1 % change on previous year | -70.9% |
Philippines compared with similar countries
- Philippines's 29.1 % change on previous year is above the median for upper middle income countries, which is 11.9 % change on previous year, 2.4× the median. (52 countries reporting)
- Philippines's 29.1 % change on previous year is above the median for East Asia & Pacific, which is 13.85 % change on previous year, 2.1× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service (TDS, current US$), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +2813.0% | -3.24 % change on previous year | 87.9 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.49 % change on previous year | -23.73 % change on previous year | 60.41 % change on previous year | 9 |
| 1980s | 20.15 % change on previous year | -2.95 % change on previous year | 38.56 % change on previous year | 10 |
| 1990s | 4.18 % change on previous year | -8.75 % change on previous year | 16.6 % change on previous year | 10 |
| 2000s | -0.1288 % change on previous year | -29.89 % change on previous year | 33.83 % change on previous year | 10 |
| 2010s | 6.39 % change on previous year | -51.17 % change on previous year | 87.9 % change on previous year | 10 |
| 2020s | 30.04 % change on previous year | -7.67 % change on previous year | 100.15 % change on previous year | 5 |
Countries ranked near Philippines
- 25 Angola 30.43 % change on previous year compare
- 26 Senegal 29.73 % change on previous year compare
- 27 Burkina Faso 29.63 % change on previous year compare
- 29 Uzbekistan 29.04 % change on previous year compare
- 30 Malawi 28.09 % change on previous year compare
- 31 China 27.74 % change on previous year compare
More external debt data for Philippines
- IFC, private nonguaranteed 332.92 million NFL, US$ (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 multilateral debt service (tds, current us$), annual growth rate in Philippines?
- Multilateral debt service (tds, current us$), annual growth rate in Philippines was 29.1 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest multilateral debt service (tds, current us$), annual growth rate recorded in Philippines?
- The highest recorded value was 100.15 % change on previous year in 2023.
- What is the lowest multilateral debt service (tds, current us$), annual growth rate recorded in Philippines?
- The lowest recorded value was -51.17 % change on previous year in 2014.
- How does Philippines rank for multilateral debt service (tds, current us$), annual growth rate?
- Philippines ranks 28th out of 121 countries with data for 2024.
- Is multilateral debt service (tds, current us$), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 156.9%. 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 Multilateral debt service (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Multilateral debt service (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Multilateral debt service International Debt Statistics, World Bank (WB)
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
The year-on-year percentage change in Multilateral debt service (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.