Net (assets less liabilities), Net Claims on Central Government (OFCS) in Philippines
Philippines: Net (assets less liabilities), Net Claims on Central Government (OFCS) was 2.99 trillion in 2025. ▲ Rising
Net (assets less liabilities), Net Claims on Central Government (OFCS) in Philippines, 2017–2025
Source: International Monetary Fund.
Analysis
In 2025, net (assets less liabilities), net claims on central government (ofcs) in Philippines stood at 2.99 trillion. That is the highest value across all 9 years on record.
That represents a change of up 20.1% on the previous year and up 128.2% over ten years.
Over the whole period, net (assets less liabilities), net claims on central government (ofcs) in Philippines peaked at 2.99 trillion in 2025 and was at its lowest, 1.23 trillion, in 2018.
That places Philippines 12th out of 66 countries with data for 2025, putting it in the top quarter.
Net (assets less liabilities), Net Claims on Central Government (OFCS) in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 1.31 trillion | — |
| 2018 | 1.23 trillion | -5.7% |
| 2019 | 1.51 trillion | +21.9% |
| 2020 | 1.65 trillion | +9.6% |
| 2021 | 1.68 trillion | +2.0% |
| 2022 | 1.87 trillion | +11.0% |
| 2023 | 2.27 trillion | +21.7% |
| 2024 | 2.49 trillion | +9.5% |
| 2025 | 2.99 trillion | +20.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.35 trillion | 1.23 trillion | 1.51 trillion | 3 |
| 2020s | 2.16 trillion | 1.65 trillion | 2.99 trillion | 6 |
Countries ranked near Philippines
- 9 Costa Rica 7.95 trillion compare
- 10 Mexico 5.37 trillion compare
- 11 Thailand 4.52 trillion compare
- 13 Russian Federation 2.96 trillion
- 14 Türkiye 2.08 trillion compare
- 15 South Africa 1.67 trillion 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 net (assets less liabilities), net claims on central government (ofcs) in Philippines?
- Net (assets less liabilities), net claims on central government (ofcs) in Philippines was 2.99 trillion in 2025, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net claims on central government (ofcs) recorded in Philippines?
- The highest recorded value was 2.99 trillion in 2025.
- What is the lowest net (assets less liabilities), net claims on central government (ofcs) recorded in Philippines?
- The lowest recorded value was 1.23 trillion in 2018.
- How does Philippines rank for net (assets less liabilities), net claims on central government (ofcs)?
- Philippines ranks 12th out of 66 countries with data for 2025.
- Is net (assets less liabilities), net claims on central government (ofcs) rising or falling in Philippines?
- Over the last ten years it is up 128.2%. 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 Net (assets less liabilities), Net Claims on Central Government (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.