Net official development assistance received in Philippines
Philippines: Net official development assistance received was 540.59 million current US$ in 2018. ◆ Volatile
Net official development assistance received in Philippines, 1990–2018
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2018, net official development assistance received in Philippines stood at 540.59 million current US$.
That represents a change of up 236.9% on the previous year and up 708.3% over ten years.
Over the whole period, net official development assistance received in Philippines peaked at 1.64 billion current US$ in 1992 and was at its lowest, -135.87 million current US$, in 2011.
That places Philippines 60th out of 167 countries with data for 2018, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 973.28 million current US$ | 592.72 million current US$ | 1.64 billion current US$ | 10 |
| 2000s | 507.46 million current US$ | 66.88 million current US$ | 724.77 million current US$ | 10 |
| 2010s | 312.49 million current US$ | -135.87 million current US$ | 677.44 million current US$ | 9 |
Countries ranked near Philippines
More external debt data for Philippines
- IFC, private nonguaranteed 332.92 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -2.33 million NFL, current US$ (2024)
- Net financial flows, IBRD 2.25 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
- Use of IMF credit 3.65 billion DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 80.51 billion DOD, current US$ (2024)
- IBRD loans and IDA credits 14.60 billion DOD, current US$ (2024)
- Net financial flows, bilateral 461.73 million NFL, current US$ (2024)
- Net financial flows, multilateral 4.45 billion NFL, current US$ (2024)
Frequently asked questions
- What is net official development assistance received in Philippines?
- Net official development assistance received in Philippines was 540.59 million current US$ in 2018, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest net official development assistance received recorded in Philippines?
- The highest recorded value was 1.64 billion current US$ in 1992.
- What is the lowest net official development assistance received recorded in Philippines?
- The lowest recorded value was -135.87 million current US$ in 2011.
- How does Philippines rank for net official development assistance received?
- Philippines ranks 60th out of 167 countries with data for 2018.
- Is net official development assistance received rising or falling in Philippines?
- Over the last ten years it is up 708.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Net official development assistance received (current US$). Statizoid updates them automatically from the source API.
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About this data
Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent). Data are in current U.S. dollars.