PPG, IBRD in Philippines
Philippines: PPG, IBRD was 14.59 billion DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
14.59 billion DOD, current US$
Change on year
up 17.6%
World rank
7th
of 95 countries
All-time high
14.59 billion DOD, current US$
in 2024
All-time low
118.60 million DOD, current US$
in 1970
Years of data
55
1970–2024
PPG, IBRD in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Philippines recorded 14.59 billion DOD, current US$ for ppg, ibrd in 2024. That is the highest value across all 55 years on record.
The figure is up 17.6% on the previous year and up 280.2% over ten years.
Over the whole period, ppg, ibrd in Philippines peaked at 14.59 billion DOD, current US$ in 2024 and was at its lowest, 118.60 million DOD, current US$, in 1970.
Philippines ranks 7th of 95 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, IBRD in Philippines, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 118.60 million DOD, current US$ | — |
| 1971 | 132.81 million DOD, current US$ | +12.0% |
| 1972 | 142.04 million DOD, current US$ | +6.9% |
| 1973 | 149.01 million DOD, current US$ | +4.9% |
| 1974 | 164.11 million DOD, current US$ | +10.1% |
| 1975 | 237.87 million DOD, current US$ | +44.9% |
| 1976 | 315.74 million DOD, current US$ | +32.7% |
| 1977 | 403.33 million DOD, current US$ | +27.7% |
| 1978 | 545.90 million DOD, current US$ | +35.3% |
| 1979 | 731.12 million DOD, current US$ | +33.9% |
| 1980 | 926.14 million DOD, current US$ | +26.7% |
| 1981 | 1.33 billion DOD, current US$ | +43.6% |
| 1982 | 1.52 billion DOD, current US$ | +14.3% |
| 1983 | 2.05 billion DOD, current US$ | +34.8% |
| 1984 | 1.86 billion DOD, current US$ | -8.9% |
| 1985 | 2.42 billion DOD, current US$ | +29.8% |
| 1986 | 3.02 billion DOD, current US$ | +24.6% |
| 1987 | 3.75 billion DOD, current US$ | +24.2% |
| 1988 | 3.41 billion DOD, current US$ | -9.0% |
| 1989 | 3.49 billion DOD, current US$ | +2.5% |
| 1990 | 3.94 billion DOD, current US$ | +12.9% |
| 1991 | 4.07 billion DOD, current US$ | +3.3% |
| 1992 | 4.18 billion DOD, current US$ | +2.6% |
| 1993 | 4.60 billion DOD, current US$ | +10.0% |
| 1994 | 4.86 billion DOD, current US$ | +5.6% |
| 1995 | 5.00 billion DOD, current US$ | +3.0% |
| 1996 | 4.67 billion DOD, current US$ | -6.7% |
| 1997 | 4.18 billion DOD, current US$ | -10.4% |
| 1998 | 4.31 billion DOD, current US$ | +3.2% |
| 1999 | 4.04 billion DOD, current US$ | -6.3% |
| 2000 | 3.63 billion DOD, current US$ | -10.2% |
| 2001 | 3.25 billion DOD, current US$ | -10.4% |
| 2002 | 3.32 billion DOD, current US$ | +2.3% |
| 2003 | 3.45 billion DOD, current US$ | +3.6% |
| 2004 | 3.32 billion DOD, current US$ | -3.7% |
| 2005 | 2.89 billion DOD, current US$ | -13.0% |
| 2006 | 2.69 billion DOD, current US$ | -6.8% |
| 2007 | 2.73 billion DOD, current US$ | +1.4% |
| 2008 | 2.53 billion DOD, current US$ | -7.1% |
| 2009 | 2.49 billion DOD, current US$ | -1.8% |
| 2010 | 2.57 billion DOD, current US$ | +3.2% |
| 2011 | 3.28 billion DOD, current US$ | +27.7% |
| 2012 | 3.33 billion DOD, current US$ | +1.7% |
| 2013 | 3.61 billion DOD, current US$ | +8.3% |
| 2014 | 3.84 billion DOD, current US$ | +6.4% |
| 2015 | 4.55 billion DOD, current US$ | +18.5% |
| 2016 | 4.57 billion DOD, current US$ | +0.6% |
| 2017 | 5.05 billion DOD, current US$ | +10.4% |
| 2018 | 5.78 billion DOD, current US$ | +14.4% |
| 2019 | 6.41 billion DOD, current US$ | +10.9% |
| 2020 | 8.07 billion DOD, current US$ | +25.9% |
| 2021 | 9.72 billion DOD, current US$ | +20.5% |
| 2022 | 10.63 billion DOD, current US$ | +9.4% |
| 2023 | 12.41 billion DOD, current US$ | +16.7% |
| 2024 | 14.59 billion DOD, current US$ | +17.6% |
Philippines compared with similar countries
- Philippines's 14.59 billion DOD, current US$ is above the median for upper middle income countries, which is 975.45 million DOD, current US$, 15.0× the median. (49 countries reporting)
- Philippines's 14.59 billion DOD, current US$ is above the median for East Asia & Pacific, which is 341.31 million DOD, current US$, 42.8× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 294.05 million DOD, current US$ | 118.60 million DOD, current US$ | 731.12 million DOD, current US$ | 10 |
| 1980s | 2.38 billion DOD, current US$ | 926.14 million DOD, current US$ | 3.75 billion DOD, current US$ | 10 |
| 1990s | 4.38 billion DOD, current US$ | 3.94 billion DOD, current US$ | 5.00 billion DOD, current US$ | 10 |
| 2000s | 3.03 billion DOD, current US$ | 2.49 billion DOD, current US$ | 3.63 billion DOD, current US$ | 10 |
| 2010s | 4.30 billion DOD, current US$ | 2.57 billion DOD, current US$ | 6.41 billion DOD, current US$ | 10 |
| 2020s | 11.09 billion DOD, current US$ | 8.07 billion DOD, current US$ | 14.59 billion DOD, current US$ | 5 |
Countries ranked near Philippines
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, ibrd in Philippines?
- Ppg, ibrd in Philippines was 14.59 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ibrd recorded in Philippines?
- The highest recorded value was 14.59 billion DOD, current US$ in 2024.
- What is the lowest ppg, ibrd recorded in Philippines?
- The lowest recorded value was 118.60 million DOD, current US$ in 1970.
- How does Philippines rank for ppg, ibrd?
- Philippines ranks 7th out of 95 countries with data for 2024.
- Is ppg, ibrd rising or falling in Philippines?
- Over the last ten years it is up 280.2%. 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, IBRD (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Public and publicly guaranteed debt outstanding from the International Bank for Reconstruction and Development (IBRD) is nonconcessional. Nonconcessional debt excludes loans with an original grant element of 35 percent or more. Data are in current U.S. dollars.