Net financial flows, RDB nonconcessional in Philippines
Philippines: Net financial flows, RDB nonconcessional was 725.09 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, RDB nonconcessional in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, rdb nonconcessional in Philippines stood at 725.09 million NFL, current US$.
That represents a change of down 50.4% on the previous year and up 77.3% over ten years.
Over the whole period, net financial flows, rdb nonconcessional in Philippines peaked at 4.01 billion NFL, current US$ in 2020 and was at its lowest, -896.77 million NFL, current US$, in 2013.
Philippines ranks 8th of 102 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, RDB nonconcessional in Philippines, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 1.39 million NFL, current US$ | — |
| 1971 | 858,000 NFL, current US$ | -38.2% |
| 1972 | 3.67 million NFL, current US$ | +327.3% |
| 1973 | 6.96 million NFL, current US$ | +89.9% |
| 1974 | 21.96 million NFL, current US$ | +215.4% |
| 1975 | 41.80 million NFL, current US$ | +90.4% |
| 1976 | 42.57 million NFL, current US$ | +1.9% |
| 1977 | 25.89 million NFL, current US$ | -39.2% |
| 1978 | 37.28 million NFL, current US$ | +44.0% |
| 1979 | 69.59 million NFL, current US$ | +86.6% |
| 1980 | 71.97 million NFL, current US$ | +3.4% |
| 1981 | 105.02 million NFL, current US$ | +45.9% |
| 1982 | 99.19 million NFL, current US$ | -5.6% |
| 1983 | 138.98 million NFL, current US$ | +40.1% |
| 1984 | 159.53 million NFL, current US$ | +14.8% |
| 1985 | 80.34 million NFL, current US$ | -49.6% |
| 1986 | 72.56 million NFL, current US$ | -9.7% |
| 1987 | 51.98 million NFL, current US$ | -28.4% |
| 1988 | 68.93 million NFL, current US$ | +32.6% |
| 1989 | 83.21 million NFL, current US$ | +20.7% |
| 1990 | 145.02 million NFL, current US$ | +74.3% |
| 1991 | 78.90 million NFL, current US$ | -45.6% |
| 1992 | 74.67 million NFL, current US$ | -5.4% |
| 1993 | 68.80 million NFL, current US$ | -7.9% |
| 1994 | 94.97 million NFL, current US$ | +38.0% |
| 1995 | -67.97 million NFL, current US$ | -171.6% |
| 1996 | 27.22 million NFL, current US$ | -140.0% |
| 1997 | 90.99 million NFL, current US$ | +234.3% |
| 1998 | 152.50 million NFL, current US$ | +67.6% |
| 1999 | -96.59 million NFL, current US$ | -163.3% |
| 2000 | -7.18 million NFL, current US$ | -92.6% |
| 2001 | 94.92 million NFL, current US$ | -1421.4% |
| 2002 | -18.69 million NFL, current US$ | -119.7% |
| 2003 | 99.80 million NFL, current US$ | -634.0% |
| 2004 | -40.45 million NFL, current US$ | -140.5% |
| 2005 | 4.98 million NFL, current US$ | -112.3% |
| 2006 | 468.29 million NFL, current US$ | +9301.4% |
| 2007 | 241.49 million NFL, current US$ | -48.4% |
| 2008 | 205.68 million NFL, current US$ | -14.8% |
| 2009 | 1.12 billion NFL, current US$ | +442.8% |
| 2010 | -203.23 million NFL, current US$ | -118.2% |
| 2011 | -11.47 million NFL, current US$ | -94.4% |
| 2012 | 428.16 million NFL, current US$ | -3834.2% |
| 2013 | -896.77 million NFL, current US$ | -309.4% |
| 2014 | 408.88 million NFL, current US$ | -145.6% |
| 2015 | 610.13 million NFL, current US$ | +49.2% |
| 2016 | 395.91 million NFL, current US$ | -35.1% |
| 2017 | 126.29 million NFL, current US$ | -68.1% |
| 2018 | 401.18 million NFL, current US$ | +217.7% |
| 2019 | 577.52 million NFL, current US$ | +44.0% |
| 2020 | 4.01 billion NFL, current US$ | +594.2% |
| 2021 | 1.42 billion NFL, current US$ | -64.7% |
| 2022 | 1.62 billion NFL, current US$ | +14.7% |
| 2023 | 1.46 billion NFL, current US$ | -10.0% |
| 2024 | 725.09 million NFL, current US$ | -50.4% |
Philippines compared with similar countries
- Philippines's 725.09 million NFL, current US$ is above the median for upper middle income countries, which is 19.23 million NFL, current US$, 37.7× the median. (43 countries reporting)
- Philippines's 725.09 million NFL, current US$ is above the median for East Asia & Pacific, which is -680,000 NFL, current US$. (11 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, RDB nonconcessional in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +9301.4% | 4.98 million NFL, current US$ | 468.29 million NFL, current US$ |
| 2012 | +3834.2% | -11.47 million NFL, current US$ | 428.16 million NFL, current US$ |
| 2001 | +1421.4% | -7.18 million NFL, current US$ | 94.92 million NFL, current US$ |
| 2003 | +634.0% | -18.69 million NFL, current US$ | 99.80 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.20 million NFL, current US$ | 858,000 NFL, current US$ | 69.59 million NFL, current US$ | 10 |
| 1980s | 93.17 million NFL, current US$ | 51.98 million NFL, current US$ | 159.53 million NFL, current US$ | 10 |
| 1990s | 56.85 million NFL, current US$ | -96.59 million NFL, current US$ | 152.50 million NFL, current US$ | 10 |
| 2000s | 216.53 million NFL, current US$ | -40.45 million NFL, current US$ | 1.12 billion NFL, current US$ | 10 |
| 2010s | 183.66 million NFL, current US$ | -896.77 million NFL, current US$ | 610.13 million NFL, current US$ | 10 |
| 2020s | 1.85 billion NFL, current US$ | 725.09 million NFL, current US$ | 4.01 billion NFL, current US$ | 5 |
Countries ranked near Philippines
- 5 Bangladesh 873.23 million NFL, current US$ compare
- 6 Pakistan 805.17 million NFL, current US$ compare
- 7 Uzbekistan 736.24 million NFL, current US$ compare
- 9 Nigeria 494.77 million NFL, current US$ compare
- 10 Paraguay 434.56 million NFL, current US$ compare
- 11 South Africa 422.10 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 nonconcessional in Philippines?
- Net financial flows, rdb nonconcessional in Philippines was 725.09 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, rdb nonconcessional recorded in Philippines?
- The highest recorded value was 4.01 billion NFL, current US$ in 2020.
- What is the lowest net financial flows, rdb nonconcessional recorded in Philippines?
- The lowest recorded value was -896.77 million NFL, current US$ in 2013.
- How does Philippines rank for net financial flows, rdb nonconcessional?
- Philippines ranks 8th out of 102 countries with data for 2024.
- Is net financial flows, rdb nonconcessional rising or falling in Philippines?
- Over the last ten years it is up 77.3%. 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, RDB nonconcessional (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. Nonconcessional financial flows cover all disbursements except those 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.