PPG, IDA in Philippines
Philippines: PPG, IDA was 8.88 million DOD, current US$ in 2024. ◆ Volatile
PPG, IDA in Philippines, 1972–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for ppg, ida in Philippines is 8.88 million DOD, current US$, measured in 2024.
That represents a change of down 20.8% on the previous year and down 93.0% over ten years.
Over the whole period, ppg, ida in Philippines peaked at 214.59 million DOD, current US$ in 2003 and was at its lowest, 129,000 DOD, current US$, in 1972.
Philippines ranks 88th of 105 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, IDA in Philippines, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1972 | 129,000 DOD, current US$ | — |
| 1973 | 897,000 DOD, current US$ | +595.3% |
| 1974 | 8.31 million DOD, current US$ | +826.9% |
| 1975 | 16.69 million DOD, current US$ | +100.7% |
| 1976 | 26.87 million DOD, current US$ | +61.0% |
| 1977 | 28.83 million DOD, current US$ | +7.3% |
| 1978 | 29.69 million DOD, current US$ | +3.0% |
| 1979 | 32.21 million DOD, current US$ | +8.5% |
| 1980 | 33.89 million DOD, current US$ | +5.2% |
| 1981 | 40.95 million DOD, current US$ | +20.8% |
| 1982 | 48.64 million DOD, current US$ | +18.8% |
| 1983 | 61.16 million DOD, current US$ | +25.7% |
| 1984 | 71.12 million DOD, current US$ | +16.3% |
| 1985 | 84.09 million DOD, current US$ | +18.2% |
| 1986 | 91.82 million DOD, current US$ | +9.2% |
| 1987 | 99.14 million DOD, current US$ | +8.0% |
| 1988 | 101.72 million DOD, current US$ | +2.6% |
| 1989 | 102.33 million DOD, current US$ | +0.6% |
| 1990 | 101.27 million DOD, current US$ | -1.0% |
| 1991 | 134.67 million DOD, current US$ | +33.0% |
| 1992 | 166.02 million DOD, current US$ | +23.3% |
| 1993 | 166.87 million DOD, current US$ | +0.5% |
| 1994 | 173.69 million DOD, current US$ | +4.1% |
| 1995 | 183.07 million DOD, current US$ | +5.4% |
| 1996 | 192.93 million DOD, current US$ | +5.4% |
| 1997 | 194.78 million DOD, current US$ | +1.0% |
| 1998 | 205.43 million DOD, current US$ | +5.5% |
| 1999 | 206.04 million DOD, current US$ | +0.3% |
| 2000 | 207.24 million DOD, current US$ | +0.6% |
| 2001 | 204.05 million DOD, current US$ | -1.5% |
| 2002 | 208.40 million DOD, current US$ | +2.1% |
| 2003 | 214.59 million DOD, current US$ | +3.0% |
| 2004 | 214.12 million DOD, current US$ | -0.2% |
| 2005 | 196.78 million DOD, current US$ | -8.1% |
| 2006 | 196.12 million DOD, current US$ | -0.3% |
| 2007 | 194.63 million DOD, current US$ | -0.8% |
| 2008 | 186.69 million DOD, current US$ | -4.1% |
| 2009 | 180.55 million DOD, current US$ | -3.3% |
| 2010 | 171.33 million DOD, current US$ | -5.1% |
| 2011 | 163.02 million DOD, current US$ | -4.9% |
| 2012 | 153.77 million DOD, current US$ | -5.7% |
| 2013 | 143.64 million DOD, current US$ | -6.6% |
| 2014 | 127.24 million DOD, current US$ | -11.4% |
| 2015 | 113.33 million DOD, current US$ | -10.9% |
| 2016 | 97.80 million DOD, current US$ | -13.7% |
| 2017 | 84.33 million DOD, current US$ | -13.8% |
| 2018 | 66.03 million DOD, current US$ | -21.7% |
| 2019 | 48.86 million DOD, current US$ | -26.0% |
| 2020 | 32.48 million DOD, current US$ | -33.5% |
| 2021 | 18.46 million DOD, current US$ | -43.2% |
| 2022 | 13.69 million DOD, current US$ | -25.9% |
| 2023 | 11.21 million DOD, current US$ | -18.1% |
| 2024 | 8.88 million DOD, current US$ | -20.8% |
Philippines compared with similar countries
- Philippines's 8.88 million DOD, current US$ is below the median for upper middle income countries, which is 126.84 million DOD, current US$, 7% of the median. (36 countries reporting)
- Philippines's 8.88 million DOD, current US$ is below the median for East Asia & Pacific, which is 110.06 million DOD, current US$, 8% of the median. (16 countries reporting)
Biggest year-on-year movements
Years where PPG, IDA in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +826.9% | 897,000 DOD, current US$ | 8.31 million DOD, current US$ |
| 1973 | +595.3% | 129,000 DOD, current US$ | 897,000 DOD, current US$ |
| 1975 | +100.7% | 8.31 million DOD, current US$ | 16.69 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17.95 million DOD, current US$ | 129,000 DOD, current US$ | 32.21 million DOD, current US$ | 8 |
| 1980s | 73.48 million DOD, current US$ | 33.89 million DOD, current US$ | 102.33 million DOD, current US$ | 10 |
| 1990s | 172.48 million DOD, current US$ | 101.27 million DOD, current US$ | 206.04 million DOD, current US$ | 10 |
| 2000s | 200.32 million DOD, current US$ | 180.55 million DOD, current US$ | 214.59 million DOD, current US$ | 10 |
| 2010s | 116.94 million DOD, current US$ | 48.86 million DOD, current US$ | 171.33 million DOD, current US$ | 10 |
| 2020s | 16.94 million DOD, current US$ | 8.88 million DOD, current US$ | 32.48 million DOD, current US$ | 5 |
Countries ranked near Philippines
- 85 Syria 14.05 million DOD, current US$ compare
- 86 Serbia 9.97 million DOD, current US$ compare
- 87 Sao Tome and Principe 8.97 million DOD, current US$ compare
- 89 Montenegro 3.85 million DOD, current US$ compare
- 90 China 1.42 million DOD, current US$ compare
- 91 Saint Kitts and Nevis 1.29 million DOD, 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, ida in Philippines?
- Ppg, ida in Philippines was 8.88 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, ida recorded in Philippines?
- The highest recorded value was 214.59 million DOD, current US$ in 2003.
- What is the lowest ppg, ida recorded in Philippines?
- The lowest recorded value was 129,000 DOD, current US$ in 1972.
- How does Philippines rank for ppg, ida?
- Philippines ranks 88th out of 105 countries with data for 2024.
- Is ppg, ida rising or falling in Philippines?
- Over the last ten years it is down 93.0%. 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, IDA (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt outstanding from the International Development Association (IDA) is concessional. Concessional debt is defined as loans with an original grant element of 35 percent or more. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 5 percent. Data are in current U.S. dollars.