Net financial flows, RDB concessional in Philippines
Philippines: Net financial flows, RDB concessional was -3.51 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, RDB concessional in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics. Measured in NFL, current US$.
Analysis
Philippines recorded -3.51 million NFL, current US$ for net financial flows, rdb concessional in 2024.
That represents a change of up 35.8% on the previous year and up 96.5% over ten years.
Over the whole period, net financial flows, rdb concessional in Philippines peaked at 118.40 million NFL, current US$ in 1990 and was at its lowest, -99.34 million NFL, current US$, in 2014.
That places Philippines 66th out of 94 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, RDB concessional in Philippines, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 69,000 NFL, current US$ | — |
| 1971 | 1.50 million NFL, current US$ | +2078.3% |
| 1972 | 261,000 NFL, current US$ | -82.6% |
| 1973 | 712,000 NFL, current US$ | +172.8% |
| 1974 | 4.33 million NFL, current US$ | +508.1% |
| 1975 | 532,000 NFL, current US$ | -87.7% |
| 1976 | 2.09 million NFL, current US$ | +293.2% |
| 1977 | 1.61 million NFL, current US$ | -23.0% |
| 1978 | 8,000 NFL, current US$ | -99.5% |
| 1979 | 511,000 NFL, current US$ | +6287.5% |
| 1980 | 6.66 million NFL, current US$ | +1203.3% |
| 1981 | 1.44 million NFL, current US$ | -78.4% |
| 1982 | 3.75 million NFL, current US$ | +161.3% |
| 1983 | 6.29 million NFL, current US$ | +67.5% |
| 1984 | 1.86 million NFL, current US$ | -70.4% |
| 1985 | 2.49 million NFL, current US$ | +33.7% |
| 1986 | 29.57 million NFL, current US$ | +1085.7% |
| 1987 | 32.33 million NFL, current US$ | +9.3% |
| 1988 | 33.02 million NFL, current US$ | +2.2% |
| 1989 | 42.90 million NFL, current US$ | +29.9% |
| 1990 | 118.40 million NFL, current US$ | +176.0% |
| 1991 | 94.51 million NFL, current US$ | -20.2% |
| 1992 | 78.53 million NFL, current US$ | -16.9% |
| 1993 | 94.56 million NFL, current US$ | +20.4% |
| 1994 | 50.08 million NFL, current US$ | -47.0% |
| 1995 | 49.70 million NFL, current US$ | -0.8% |
| 1996 | 45.82 million NFL, current US$ | -7.8% |
| 1997 | 47.87 million NFL, current US$ | +4.5% |
| 1998 | 21.28 million NFL, current US$ | -55.5% |
| 1999 | 20.92 million NFL, current US$ | -1.7% |
| 2000 | 21.80 million NFL, current US$ | +4.2% |
| 2001 | 14.38 million NFL, current US$ | -34.0% |
| 2002 | -1.15 million NFL, current US$ | -108.0% |
| 2003 | -8.58 million NFL, current US$ | +645.7% |
| 2004 | -14.87 million NFL, current US$ | +73.2% |
| 2005 | -18.39 million NFL, current US$ | +23.7% |
| 2006 | -25.00 million NFL, current US$ | +36.0% |
| 2007 | -27.40 million NFL, current US$ | +9.6% |
| 2008 | -33.05 million NFL, current US$ | +20.6% |
| 2009 | -38.92 million NFL, current US$ | +17.8% |
| 2010 | -41.11 million NFL, current US$ | +5.6% |
| 2011 | -50.86 million NFL, current US$ | +23.7% |
| 2012 | -52.34 million NFL, current US$ | +2.9% |
| 2013 | -98.13 million NFL, current US$ | +87.5% |
| 2014 | -99.34 million NFL, current US$ | +1.2% |
| 2015 | -92.76 million NFL, current US$ | -6.6% |
| 2016 | -95.16 million NFL, current US$ | +2.6% |
| 2017 | -96.05 million NFL, current US$ | +0.9% |
| 2018 | -82.57 million NFL, current US$ | -14.0% |
| 2019 | -47.61 million NFL, current US$ | -42.3% |
| 2020 | -19.71 million NFL, current US$ | -58.6% |
| 2021 | -17.65 million NFL, current US$ | -10.4% |
| 2022 | -9.89 million NFL, current US$ | -44.0% |
| 2023 | -5.47 million NFL, current US$ | -44.7% |
| 2024 | -3.51 million NFL, current US$ | -35.8% |
Philippines compared with similar countries
- Philippines's -3.51 million NFL, current US$ is below the median for upper middle income countries, which is -3.33 million NFL, current US$, 1.1× the median. (31 countries reporting)
- Philippines's -3.51 million NFL, current US$ is above the median for East Asia & Pacific, which is -4.65 million NFL, current US$, 76% of the median. (14 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, RDB concessional in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +6287.5% | 8,000 NFL, current US$ | 511,000 NFL, current US$ |
| 1971 | +2078.3% | 69,000 NFL, current US$ | 1.50 million NFL, current US$ |
| 1980 | +1203.3% | 511,000 NFL, current US$ | 6.66 million NFL, current US$ |
| 1986 | +1085.7% | 2.49 million NFL, current US$ | 29.57 million NFL, current US$ |
| 2003 | -645.7% | -1.15 million NFL, current US$ | -8.58 million NFL, current US$ |
| 1974 | +508.1% | 712,000 NFL, current US$ | 4.33 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.16 million NFL, current US$ | 8,000 NFL, current US$ | 4.33 million NFL, current US$ | 10 |
| 1980s | 16.03 million NFL, current US$ | 1.44 million NFL, current US$ | 42.90 million NFL, current US$ | 10 |
| 1990s | 62.17 million NFL, current US$ | 20.92 million NFL, current US$ | 118.40 million NFL, current US$ | 10 |
| 2000s | -13.12 million NFL, current US$ | -38.92 million NFL, current US$ | 21.80 million NFL, current US$ | 10 |
| 2010s | -75.59 million NFL, current US$ | -99.34 million NFL, current US$ | -41.11 million NFL, current US$ | 10 |
| 2020s | -11.24 million NFL, current US$ | -19.71 million NFL, current US$ | -3.51 million NFL, current US$ | 5 |
Countries ranked near Philippines
- 63 Botswana -2.88 million NFL, current US$ compare
- 64 Chad -2.92 million NFL, current US$ compare
- 65 Argentina -3.33 million NFL, current US$ compare
- 67 Azerbaijan -3.87 million NFL, current US$ compare
- 68 Cape Verde -4.02 million NFL, current US$ compare
- 69 Samoa -5.78 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, rdb concessional in Philippines?
- Net financial flows, rdb concessional in Philippines was -3.51 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics.
- What is the highest net financial flows, rdb concessional recorded in Philippines?
- The highest recorded value was 118.40 million NFL, current US$ in 1990.
- What is the lowest net financial flows, rdb concessional recorded in Philippines?
- The lowest recorded value was -99.34 million NFL, current US$ in 2014.
- How does Philippines rank for net financial flows, rdb concessional?
- Philippines ranks 66th out of 94 countries with data for 2024.
- Is net financial flows, rdb concessional rising or falling in Philippines?
- Over the last ten years it is up 96.5%. 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), note: https://www.worldbank.org/en/programs/debt-statistics, published as part of Net financial flows, RDB concessional (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Concessional financial flows cover disbursements made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.