PPG, commercial banks in Philippines
Philippines: PPG, commercial banks was -99.70 million NFL, current US$ in 2024. ◆ Volatile
Latest (2024)
-99.70 million NFL, current US$
Change on year
up 52.3%
World rank
95th
of 116 countries
All-time high
834.38 million NFL, current US$
in 1982
All-time low
-1.55 billion NFL, current US$
in 1992
Years of data
55
1970–2024
PPG, commercial banks in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Philippines recorded -99.70 million NFL, current US$ for ppg, commercial banks in 2024.
Compared with earlier readings it is up 52.3% on the previous year and down 3.8% over ten years.
Over the whole period, ppg, commercial banks in Philippines peaked at 834.38 million NFL, current US$ in 1982 and was at its lowest, -1.55 billion NFL, current US$, in 1992.
That places Philippines 95th out of 116 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, commercial banks in Philippines, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 10.88 million NFL, current US$ | — |
| 1971 | -8.55 million NFL, current US$ | -178.6% |
| 1972 | 16.02 million NFL, current US$ | -287.5% |
| 1973 | -51.98 million NFL, current US$ | -424.4% |
| 1974 | 68.57 million NFL, current US$ | -231.9% |
| 1975 | 108.50 million NFL, current US$ | +58.2% |
| 1976 | 109.29 million NFL, current US$ | +0.7% |
| 1977 | 272.57 million NFL, current US$ | +149.4% |
| 1978 | 292.29 million NFL, current US$ | +7.2% |
| 1979 | 627.25 million NFL, current US$ | +114.6% |
| 1980 | 613.57 million NFL, current US$ | -2.2% |
| 1981 | 443.57 million NFL, current US$ | -27.7% |
| 1982 | 834.38 million NFL, current US$ | +88.1% |
| 1983 | 513.70 million NFL, current US$ | -38.4% |
| 1984 | 95.15 million NFL, current US$ | -81.5% |
| 1985 | 397.87 million NFL, current US$ | +318.1% |
| 1986 | 425.98 million NFL, current US$ | +7.1% |
| 1987 | -422.89 million NFL, current US$ | -199.3% |
| 1988 | -459.45 million NFL, current US$ | +8.6% |
| 1989 | -80.97 million NFL, current US$ | -82.4% |
| 1990 | -575.99 million NFL, current US$ | +611.3% |
| 1991 | -493.84 million NFL, current US$ | -14.3% |
| 1992 | -1.55 billion NFL, current US$ | +213.2% |
| 1993 | -715.56 million NFL, current US$ | -53.7% |
| 1994 | -57.68 million NFL, current US$ | -91.9% |
| 1995 | 26.31 million NFL, current US$ | -145.6% |
| 1996 | -21.68 million NFL, current US$ | -182.4% |
| 1997 | 421.22 million NFL, current US$ | -2042.6% |
| 1998 | 684.98 million NFL, current US$ | +62.6% |
| 1999 | 467.43 million NFL, current US$ | -31.8% |
| 2000 | 533.51 million NFL, current US$ | +14.1% |
| 2001 | -431.01 million NFL, current US$ | -180.8% |
| 2002 | 250.81 million NFL, current US$ | -158.2% |
| 2003 | -88.63 million NFL, current US$ | -135.3% |
| 2004 | 32.43 million NFL, current US$ | -136.6% |
| 2005 | -47.97 million NFL, current US$ | -247.9% |
| 2006 | -667.10 million NFL, current US$ | +1290.5% |
| 2007 | -211.81 million NFL, current US$ | -68.2% |
| 2008 | 990,000 NFL, current US$ | -100.5% |
| 2009 | 206.45 million NFL, current US$ | +20753.4% |
| 2010 | 87.21 million NFL, current US$ | -57.8% |
| 2011 | 49.85 million NFL, current US$ | -42.8% |
| 2012 | -5.85 million NFL, current US$ | -111.7% |
| 2013 | -114.41 million NFL, current US$ | +1856.8% |
| 2014 | -96.04 million NFL, current US$ | -16.1% |
| 2015 | -95.28 million NFL, current US$ | -0.8% |
| 2016 | 136.46 million NFL, current US$ | -243.2% |
| 2017 | -42.84 million NFL, current US$ | -131.4% |
| 2018 | -28.47 million NFL, current US$ | -33.5% |
| 2019 | 454.69 million NFL, current US$ | -1697.0% |
| 2020 | -113.87 million NFL, current US$ | -125.0% |
| 2021 | -348.04 million NFL, current US$ | +205.6% |
| 2022 | -240.86 million NFL, current US$ | -30.8% |
| 2023 | -209.05 million NFL, current US$ | -13.2% |
| 2024 | -99.70 million NFL, current US$ | -52.3% |
Philippines compared with similar countries
- Philippines's -99.70 million NFL, current US$ is below the median for upper middle income countries, which is -4.15 million NFL, current US$, 24.0× the median. (51 countries reporting)
- Philippines's -99.70 million NFL, current US$ is below the median for East Asia & Pacific, which is -2.73 million NFL, current US$, 36.5× the median. (13 countries reporting)
Biggest year-on-year movements
Years where PPG, commercial banks in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +20753.4% | 990,000 NFL, current US$ | 206.45 million NFL, current US$ |
| 1997 | +2042.6% | -21.68 million NFL, current US$ | 421.22 million NFL, current US$ |
| 2013 | -1856.8% | -5.85 million NFL, current US$ | -114.41 million NFL, current US$ |
| 2019 | +1697.0% | -28.47 million NFL, current US$ | 454.69 million NFL, current US$ |
| 2006 | -1290.5% | -47.97 million NFL, current US$ | -667.10 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 144.48 million NFL, current US$ | -51.98 million NFL, current US$ | 627.25 million NFL, current US$ | 10 |
| 1980s | 236.09 million NFL, current US$ | -459.45 million NFL, current US$ | 834.38 million NFL, current US$ | 10 |
| 1990s | -181.14 million NFL, current US$ | -1.55 billion NFL, current US$ | 684.98 million NFL, current US$ | 10 |
| 2000s | -42.23 million NFL, current US$ | -667.10 million NFL, current US$ | 533.51 million NFL, current US$ | 10 |
| 2010s | 34.53 million NFL, current US$ | -114.41 million NFL, current US$ | 454.69 million NFL, current US$ | 10 |
| 2020s | -202.30 million NFL, current US$ | -348.04 million NFL, current US$ | -99.70 million NFL, current US$ | 5 |
Countries ranked near Philippines
- 92 Argentina -77.38 million NFL, current US$ compare
- 93 Uganda -80.77 million NFL, current US$ compare
- 94 Thailand -82.62 million NFL, current US$ compare
- 96 Laos -103.26 million NFL, current US$ compare
- 97 Uzbekistan -107.43 million NFL, current US$ compare
- 98 Montenegro -115.10 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 ppg, commercial banks in Philippines?
- Ppg, commercial banks in Philippines was -99.70 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, commercial banks recorded in Philippines?
- The highest recorded value was 834.38 million NFL, current US$ in 1982.
- What is the lowest ppg, commercial banks recorded in Philippines?
- The lowest recorded value was -1.55 billion NFL, current US$ in 1992.
- How does Philippines rank for ppg, commercial banks?
- Philippines ranks 95th out of 116 countries with data for 2024.
- Is ppg, commercial banks rising or falling in Philippines?
- Over the last ten years it is down 3.8%. 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 PPG, commercial banks (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
Public and publicly guaranteed 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.