PNG, commercial banks and other creditors in Philippines
Philippines: PNG, commercial banks and other creditors was 1.08 billion NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
1.08 billion NFL, current US$
Change on year
down 77.8%
World rank
11th
of 92 countries
All-time high
8.92 billion NFL, current US$
in 2013
All-time low
-2.03 billion NFL, current US$
in 2017
Years of data
55
1970–2024
PNG, commercial banks and other creditors in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, png, commercial banks and other creditors in Philippines stood at 1.08 billion NFL, current US$.
Compared with earlier readings it is down 77.8% on the previous year and down 58.5% over ten years.
Over the whole period, png, commercial banks and other creditors in Philippines peaked at 8.92 billion NFL, current US$ in 2013 and was at its lowest, -2.03 billion NFL, current US$, in 2017.
Philippines ranks 11th of 92 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PNG, commercial banks and other creditors in Philippines, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 89.90 million NFL, current US$ | — |
| 1971 | -35.20 million NFL, current US$ | -139.2% |
| 1972 | 25.70 million NFL, current US$ | -173.0% |
| 1973 | -8.70 million NFL, current US$ | -133.9% |
| 1974 | 172.10 million NFL, current US$ | -2078.2% |
| 1975 | 172.80 million NFL, current US$ | +0.4% |
| 1976 | 348.50 million NFL, current US$ | +101.7% |
| 1977 | 288.10 million NFL, current US$ | -17.3% |
| 1978 | -12.20 million NFL, current US$ | -104.2% |
| 1979 | -19.40 million NFL, current US$ | +59.0% |
| 1980 | 151.90 million NFL, current US$ | -883.0% |
| 1981 | 220.20 million NFL, current US$ | +45.0% |
| 1982 | 86.30 million NFL, current US$ | -60.8% |
| 1983 | -19.00 million NFL, current US$ | -122.0% |
| 1984 | -104.00 million NFL, current US$ | +447.4% |
| 1985 | 134.20 million NFL, current US$ | -229.0% |
| 1986 | -85.00 million NFL, current US$ | -163.3% |
| 1987 | -28.40 million NFL, current US$ | -66.6% |
| 1988 | -100.00 million NFL, current US$ | +252.1% |
| 1989 | -87.63 million NFL, current US$ | -12.4% |
| 1990 | 229.18 million NFL, current US$ | -361.5% |
| 1991 | 148.94 million NFL, current US$ | -35.0% |
| 1992 | 110.75 million NFL, current US$ | -25.6% |
| 1993 | 592.97 million NFL, current US$ | +435.4% |
| 1994 | 54.94 million NFL, current US$ | -90.7% |
| 1995 | 10.60 million NFL, current US$ | -80.7% |
| 1996 | -193.93 million NFL, current US$ | -1929.6% |
| 1997 | 142.39 million NFL, current US$ | -173.4% |
| 1998 | 169.90 million NFL, current US$ | +19.3% |
| 1999 | -760.00 million NFL, current US$ | -547.3% |
| 2000 | -574.33 million NFL, current US$ | -24.4% |
| 2001 | 1.42 billion NFL, current US$ | -347.5% |
| 2002 | -730.25 million NFL, current US$ | -151.4% |
| 2003 | -1.03 billion NFL, current US$ | +41.4% |
| 2004 | -549.81 million NFL, current US$ | -46.8% |
| 2005 | -641.68 million NFL, current US$ | +16.7% |
| 2006 | -1.98 billion NFL, current US$ | +208.7% |
| 2007 | -597.18 million NFL, current US$ | -69.9% |
| 2008 | -667.87 million NFL, current US$ | +11.8% |
| 2009 | -852.34 million NFL, current US$ | +27.6% |
| 2010 | 1.32 billion NFL, current US$ | -255.2% |
| 2011 | 74.42 million NFL, current US$ | -94.4% |
| 2012 | -168.06 million NFL, current US$ | -325.8% |
| 2013 | 8.92 billion NFL, current US$ | -5407.6% |
| 2014 | 2.61 billion NFL, current US$ | -70.7% |
| 2015 | 2.38 billion NFL, current US$ | -9.0% |
| 2016 | -1.07 billion NFL, current US$ | -145.0% |
| 2017 | -2.03 billion NFL, current US$ | +89.3% |
| 2018 | 2.35 billion NFL, current US$ | -216.0% |
| 2019 | -1.03 billion NFL, current US$ | -144.0% |
| 2020 | 69.20 million NFL, current US$ | -106.7% |
| 2021 | -443.98 million NFL, current US$ | -741.6% |
| 2022 | 1.25 billion NFL, current US$ | -381.4% |
| 2023 | 4.89 billion NFL, current US$ | +291.6% |
| 2024 | 1.08 billion NFL, current US$ | -77.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 102.16 million NFL, current US$ | -35.20 million NFL, current US$ | 348.50 million NFL, current US$ | 10 |
| 1980s | 16.86 million NFL, current US$ | -104.00 million NFL, current US$ | 220.20 million NFL, current US$ | 10 |
| 1990s | 50.57 million NFL, current US$ | -760.00 million NFL, current US$ | 592.97 million NFL, current US$ | 10 |
| 2000s | -620.59 million NFL, current US$ | -1.98 billion NFL, current US$ | 1.42 billion NFL, current US$ | 10 |
| 2010s | 1.34 billion NFL, current US$ | -2.03 billion NFL, current US$ | 8.92 billion NFL, current US$ | 10 |
| 2020s | 1.37 billion NFL, current US$ | -443.98 million NFL, current US$ | 4.89 billion NFL, current US$ | 5 |
Countries ranked near Philippines
- 8 Kyrgyzstan 1.19 billion NFL, current US$ compare
- 9 Paraguay 1.18 billion NFL, current US$ compare
- 10 El Salvador 1.12 billion NFL, current US$ compare
- 12 Morocco 942.97 million NFL, current US$ compare
- 13 Pakistan 779.96 million NFL, current US$ compare
- 14 Jamaica 600.00 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 png, commercial banks and other creditors in Philippines?
- Png, commercial banks and other creditors in Philippines was 1.08 billion NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest png, commercial banks and other creditors recorded in Philippines?
- The highest recorded value was 8.92 billion NFL, current US$ in 2013.
- What is the lowest png, commercial banks and other creditors recorded in Philippines?
- The lowest recorded value was -2.03 billion NFL, current US$ in 2017.
- How does Philippines rank for png, commercial banks and other creditors?
- Philippines ranks 11th out of 92 countries with data for 2024.
- Is png, commercial banks and other creditors rising or falling in Philippines?
- Over the last ten years it is down 58.5%. 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), published as part of PNG, commercial banks and other creditors (NFL, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Nonguaranteed long-term commercial bank loans from private banks and other private financial institutions. 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.