PPG, official creditors in Philippines
Philippines: PPG, official creditors was 4.91 billion NFL, US$ in 2024. ◆ Volatile
PPG, official creditors in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
Philippines recorded 4.91 billion NFL, US$ for ppg, official creditors in 2024.
That represents a change of up 1.8% on the previous year and up 2,442.5% over ten years.
Over the whole period, ppg, official creditors in Philippines peaked at 7.26 billion NFL, US$ in 2020 and was at its lowest, -1.40 billion NFL, US$, in 2013.
Philippines ranks 4th of 123 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, official creditors in Philippines, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1970 | 59.70 million NFL, US$ | — |
| 1971 | 81.94 million NFL, US$ | +37.3% |
| 1972 | 164.46 million NFL, US$ | +100.7% |
| 1973 | 72.26 million NFL, US$ | -56.1% |
| 1974 | 136.91 million NFL, US$ | +89.5% |
| 1975 | 184.51 million NFL, US$ | +34.8% |
| 1976 | 211.75 million NFL, US$ | +14.8% |
| 1977 | 262.29 million NFL, US$ | +23.9% |
| 1978 | 279.18 million NFL, US$ | +6.4% |
| 1979 | 426.59 million NFL, US$ | +52.8% |
| 1980 | 366.59 million NFL, US$ | -14.1% |
| 1981 | 777.39 million NFL, US$ | +112.1% |
| 1982 | 468.73 million NFL, US$ | -39.7% |
| 1983 | 1.01 billion NFL, US$ | +116.5% |
| 1984 | 748.16 million NFL, US$ | -26.3% |
| 1985 | 357.56 million NFL, US$ | -52.2% |
| 1986 | 194.22 million NFL, US$ | -45.7% |
| 1987 | 732.27 million NFL, US$ | +277.0% |
| 1988 | 703.09 million NFL, US$ | -4.0% |
| 1989 | 873.88 million NFL, US$ | +24.3% |
| 1990 | 933.71 million NFL, US$ | +6.8% |
| 1991 | 796.47 million NFL, US$ | -14.7% |
| 1992 | 1.47 billion NFL, US$ | +84.4% |
| 1993 | 979.85 million NFL, US$ | -33.3% |
| 1994 | 174.37 million NFL, US$ | -82.2% |
| 1995 | -789.95 million NFL, US$ | -553.0% |
| 1996 | -57.53 million NFL, US$ | -92.7% |
| 1997 | 85.76 million NFL, US$ | -249.0% |
| 1998 | 16.11 million NFL, US$ | -81.2% |
| 1999 | -83.91 million NFL, US$ | -621.0% |
| 2000 | -45.97 million NFL, US$ | -45.2% |
| 2001 | -287.24 million NFL, US$ | +524.8% |
| 2002 | -62.41 million NFL, US$ | -78.3% |
| 2003 | 89.92 million NFL, US$ | -244.1% |
| 2004 | -519.68 million NFL, US$ | -677.9% |
| 2005 | -643.79 million NFL, US$ | +23.9% |
| 2006 | -17.98 million NFL, US$ | -97.2% |
| 2007 | -12.83 million NFL, US$ | -28.6% |
| 2008 | -872.76 million NFL, US$ | +6703.1% |
| 2009 | 627.55 million NFL, US$ | -171.9% |
| 2010 | -447.17 million NFL, US$ | -171.3% |
| 2011 | -300.82 million NFL, US$ | -32.7% |
| 2012 | -321.07 million NFL, US$ | +6.7% |
| 2013 | -1.40 billion NFL, US$ | +336.0% |
| 2014 | 193.21 million NFL, US$ | -113.8% |
| 2015 | 884.28 million NFL, US$ | +357.7% |
| 2016 | 71.47 million NFL, US$ | -91.9% |
| 2017 | 59.71 million NFL, US$ | -16.5% |
| 2018 | 857.05 million NFL, US$ | +1335.5% |
| 2019 | 1.44 billion NFL, US$ | +67.8% |
| 2020 | 7.26 billion NFL, US$ | +404.9% |
| 2021 | 4.33 billion NFL, US$ | -40.3% |
| 2022 | 3.54 billion NFL, US$ | -18.4% |
| 2023 | 4.82 billion NFL, US$ | +36.4% |
| 2024 | 4.91 billion NFL, US$ | +1.8% |
Philippines compared with similar countries
- Philippines's 4.91 billion NFL, US$ is above the median for upper middle income countries, which is 112.87 million NFL, US$, 43.5× the median. (52 countries reporting)
- Philippines's 4.91 billion NFL, US$ is above the median for East Asia & Pacific, which is 5.11 million NFL, US$, 961.9× the median. (16 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | -6703.1% | -12.83 million NFL, US$ | -872.76 million NFL, US$ |
| 2018 | +1335.5% | 59.71 million NFL, US$ | 857.05 million NFL, US$ |
| 2004 | -677.9% | 89.92 million NFL, US$ | -519.68 million NFL, US$ |
| 1999 | -621.0% | 16.11 million NFL, US$ | -83.91 million NFL, US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 187.96 million NFL, US$ | 59.70 million NFL, US$ | 426.59 million NFL, US$ | 10 |
| 1980s | 623.67 million NFL, US$ | 194.22 million NFL, US$ | 1.01 billion NFL, US$ | 10 |
| 1990s | 352.33 million NFL, US$ | -789.95 million NFL, US$ | 1.47 billion NFL, US$ | 10 |
| 2000s | -174.52 million NFL, US$ | -872.76 million NFL, US$ | 627.55 million NFL, US$ | 10 |
| 2010s | 103.47 million NFL, US$ | -1.40 billion NFL, US$ | 1.44 billion NFL, US$ | 10 |
| 2020s | 4.97 billion NFL, US$ | 3.54 billion NFL, US$ | 7.26 billion NFL, 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, official creditors in Philippines?
- Ppg, official creditors in Philippines was 4.91 billion NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, official creditors recorded in Philippines?
- The highest recorded value was 7.26 billion NFL, US$ in 2020.
- What is the lowest ppg, official creditors recorded in Philippines?
- The lowest recorded value was -1.40 billion NFL, US$ in 2013.
- How does Philippines rank for ppg, official creditors?
- Philippines ranks 4th out of 123 countries with data for 2024.
- Is ppg, official creditors rising or falling in Philippines?
- Over the last ten years it is up 2,442.5%. 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 PPG, official creditors (NFL, 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 debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Government loans include loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. 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.