Net financial flows, bilateral in Philippines
Philippines: Net financial flows, bilateral was 461.73 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
461.73 million NFL, current US$
Change on year
down 59.3%
World rank
11th
of 123 countries
All-time high
1.13 billion NFL, current US$
in 2023
All-time low
-928.37 million NFL, current US$
in 2011
Years of data
55
1970–2024
Net financial flows, bilateral in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
The most recent figure for net financial flows, bilateral in Philippines is 461.73 million NFL, current US$, measured in 2024.
Compared with earlier readings it is down 59.3% on the previous year and up 230.1% over ten years.
Over the whole period, net financial flows, bilateral in Philippines peaked at 1.13 billion NFL, current US$ in 2023 and was at its lowest, -928.37 million NFL, current US$, in 2011.
That places Philippines 11th out of 123 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral in Philippines, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 47.61 million NFL, current US$ | — |
| 1971 | 65.37 million NFL, current US$ | +37.3% |
| 1972 | 151.17 million NFL, current US$ | +131.3% |
| 1973 | 56.85 million NFL, current US$ | -62.4% |
| 1974 | 88.11 million NFL, current US$ | +55.0% |
| 1975 | 60.05 million NFL, current US$ | -31.8% |
| 1976 | 79.03 million NFL, current US$ | +31.6% |
| 1977 | 145.24 million NFL, current US$ | +83.8% |
| 1978 | 98.46 million NFL, current US$ | -32.2% |
| 1979 | 160.98 million NFL, current US$ | +63.5% |
| 1980 | 90.96 million NFL, current US$ | -43.5% |
| 1981 | 256.55 million NFL, current US$ | +182.0% |
| 1982 | 166.21 million NFL, current US$ | -35.2% |
| 1983 | 301.88 million NFL, current US$ | +81.6% |
| 1984 | 374.50 million NFL, current US$ | +24.1% |
| 1985 | 109.71 million NFL, current US$ | -70.7% |
| 1986 | 63.60 million NFL, current US$ | -42.0% |
| 1987 | 597.07 million NFL, current US$ | +838.8% |
| 1988 | 625.68 million NFL, current US$ | +4.8% |
| 1989 | 552.42 million NFL, current US$ | -11.7% |
| 1990 | 467.67 million NFL, current US$ | -15.3% |
| 1991 | 547.19 million NFL, current US$ | +17.0% |
| 1992 | 1.06 billion NFL, current US$ | +94.0% |
| 1993 | 476.76 million NFL, current US$ | -55.1% |
| 1994 | 82.09 million NFL, current US$ | -82.8% |
| 1995 | -759.95 million NFL, current US$ | -1025.7% |
| 1996 | -177.21 million NFL, current US$ | -76.7% |
| 1997 | 41.08 million NFL, current US$ | -123.2% |
| 1998 | -71.10 million NFL, current US$ | -273.1% |
| 1999 | 193.26 million NFL, current US$ | -371.8% |
| 2000 | 130.51 million NFL, current US$ | -32.5% |
| 2001 | -221.38 million NFL, current US$ | -269.6% |
| 2002 | 106.24 million NFL, current US$ | -148.0% |
| 2003 | 115.95 million NFL, current US$ | +9.1% |
| 2004 | -239.03 million NFL, current US$ | -306.2% |
| 2005 | -381.00 million NFL, current US$ | +59.4% |
| 2006 | -202.31 million NFL, current US$ | -46.9% |
| 2007 | -195.41 million NFL, current US$ | -3.4% |
| 2008 | -760.39 million NFL, current US$ | +289.1% |
| 2009 | -424.48 million NFL, current US$ | -44.2% |
| 2010 | -267.21 million NFL, current US$ | -37.0% |
| 2011 | -928.37 million NFL, current US$ | +247.4% |
| 2012 | -757.24 million NFL, current US$ | -18.4% |
| 2013 | -701.43 million NFL, current US$ | -7.4% |
| 2014 | -354.80 million NFL, current US$ | -49.4% |
| 2015 | -315.21 million NFL, current US$ | -11.2% |
| 2016 | -249.22 million NFL, current US$ | -20.9% |
| 2017 | -421.18 million NFL, current US$ | +69.0% |
| 2018 | -187.77 million NFL, current US$ | -55.4% |
| 2019 | 287.22 million NFL, current US$ | -253.0% |
| 2020 | 878.06 million NFL, current US$ | +205.7% |
| 2021 | 983.30 million NFL, current US$ | +12.0% |
| 2022 | 1.01 billion NFL, current US$ | +2.3% |
| 2023 | 1.13 billion NFL, current US$ | +12.8% |
| 2024 | 461.73 million NFL, current US$ | -59.3% |
Philippines compared with similar countries
- Philippines's 461.73 million NFL, current US$ is above the median for upper middle income countries, which is -11.36 million NFL, current US$. (52 countries reporting)
- Philippines's 461.73 million NFL, current US$ is above the median for East Asia & Pacific, which is -8.97 million NFL, current US$. (16 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, bilateral in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | -1025.7% | 82.09 million NFL, current US$ | -759.95 million NFL, current US$ |
| 1987 | +838.8% | 63.60 million NFL, current US$ | 597.07 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 95.29 million NFL, current US$ | 47.61 million NFL, current US$ | 160.98 million NFL, current US$ | 10 |
| 1980s | 313.86 million NFL, current US$ | 63.60 million NFL, current US$ | 625.68 million NFL, current US$ | 10 |
| 1990s | 186.12 million NFL, current US$ | -759.95 million NFL, current US$ | 1.06 billion NFL, current US$ | 10 |
| 2000s | -207.13 million NFL, current US$ | -760.39 million NFL, current US$ | 130.51 million NFL, current US$ | 10 |
| 2010s | -389.52 million NFL, current US$ | -928.37 million NFL, current US$ | 287.22 million NFL, current US$ | 10 |
| 2020s | 892.74 million NFL, current US$ | 461.73 million NFL, current US$ | 1.13 billion NFL, current US$ | 5 |
Countries ranked near Philippines
- 8 Morocco 506.17 million NFL, current US$ compare
- 9 Chad 482.88 million NFL, current US$ compare
- 10 Cambodia 466.35 million NFL, current US$ compare
- 12 Ethiopia 454.01 million NFL, current US$ compare
- 13 Peru 425.79 million NFL, current US$ compare
- 14 South Africa 378.53 million NFL, current US$ 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 financial flows, bilateral in Philippines?
- Net financial flows, bilateral in Philippines was 461.73 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Philippines?
- The highest recorded value was 1.13 billion NFL, current US$ in 2023.
- What is the lowest net financial flows, bilateral recorded in Philippines?
- The lowest recorded value was -928.37 million NFL, current US$ in 2011.
- How does Philippines rank for net financial flows, bilateral?
- Philippines ranks 11th out of 123 countries with data for 2024.
- Is net financial flows, bilateral rising or falling in Philippines?
- Over the last ten years it is up 230.1%. 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 Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.