PPG, private creditors (NFL, US$), annual growth rate in Philippines
Philippines: PPG, private creditors (NFL, US$), annual growth rate was -29.17 % change on previous year in 2024. ◆ Volatile
PPG, private creditors (NFL, US$), annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, ppg, private creditors (nfl, us$), annual growth rate in Philippines stood at -29.17 % change on previous year.
The figure is down 120.3% on the previous year and down 115.1% over ten years.
Over the whole period, ppg, private creditors (nfl, us$), annual growth rate in Philippines peaked at 715.55 % change on previous year in 2009 and was at its lowest, -399.48 % change on previous year, in 1992.
Philippines ranks 80th of 117 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, private creditors (NFL, US$), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -390.36 % change on previous year | — |
| 1972 | 118.06 % change on previous year | -130.2% |
| 1974 | 233.28 % change on previous year | +97.6% |
| 1975 | 68.66 % change on previous year | -70.6% |
| 1976 | 205.98 % change on previous year | +200.0% |
| 1977 | -16.73 % change on previous year | -108.1% |
| 1978 | 53.45 % change on previous year | -419.5% |
| 1979 | 5.71 % change on previous year | -89.3% |
| 1980 | 9.99 % change on previous year | +75.0% |
| 1981 | -36.31 % change on previous year | -463.6% |
| 1982 | 107.95 % change on previous year | -397.3% |
| 1983 | -25.07 % change on previous year | -123.2% |
| 1984 | -60.24 % change on previous year | +140.3% |
| 1985 | 111.95 % change on previous year | -285.9% |
| 1986 | -42.51 % change on previous year | -138.0% |
| 1987 | -255.06 % change on previous year | +500.0% |
| 1988 | -7.33 % change on previous year | -97.1% |
| 1989 | 70.52 % change on previous year | -1062.6% |
| 1990 | 35.93 % change on previous year | -49.0% |
| 1991 | -145.64 % change on previous year | -505.3% |
| 1992 | -399.48 % change on previous year | +174.3% |
| 1993 | 81.85 % change on previous year | -120.5% |
| 1994 | 111.43 % change on previous year | +36.1% |
| 1995 | -32.67 % change on previous year | -129.3% |
| 1997 | 78.23 % change on previous year | -339.5% |
| 1998 | -26.05 % change on previous year | -133.3% |
| 1999 | 443.77 % change on previous year | -1803.4% |
| 2000 | -43.7 % change on previous year | -109.8% |
| 2001 | -81.81 % change on previous year | +87.2% |
| 2002 | 135.11 % change on previous year | -265.2% |
| 2003 | 14.37 % change on previous year | -89.4% |
| 2004 | 67.01 % change on previous year | +366.4% |
| 2005 | -48.37 % change on previous year | -172.2% |
| 2006 | 84.92 % change on previous year | -275.6% |
| 2007 | -89.25 % change on previous year | -205.1% |
| 2008 | -356.72 % change on previous year | +299.7% |
| 2009 | 715.55 % change on previous year | -300.6% |
| 2010 | -48.43 % change on previous year | -106.8% |
| 2011 | -77.97 % change on previous year | +61.0% |
| 2012 | 262.46 % change on previous year | -436.6% |
| 2013 | -135.43 % change on previous year | -151.6% |
| 2014 | 192.93 % change on previous year | -242.5% |
| 2015 | 403.96 % change on previous year | +109.4% |
| 2016 | -129.16 % change on previous year | -132.0% |
| 2017 | 144.72 % change on previous year | -212.1% |
| 2018 | 429.89 % change on previous year | +197.0% |
| 2019 | -13.09 % change on previous year | -103.0% |
| 2020 | 194.83 % change on previous year | -1588.4% |
| 2021 | -56.33 % change on previous year | -128.9% |
| 2022 | 50.14 % change on previous year | -189.0% |
| 2023 | 143.58 % change on previous year | +186.4% |
| 2024 | -29.17 % change on previous year | -120.3% |
Philippines compared with similar countries
- Philippines's -29.17 % change on previous year is below the median for upper middle income countries, which is 21.83 % change on previous year. (51 countries reporting)
- Philippines's -29.17 % change on previous year is below the median for East Asia & Pacific, which is 47.92 % change on previous year. (14 countries reporting)
Biggest year-on-year movements
Years where PPG, private creditors (NFL, US$), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +1803.4% | -26.05 % change on previous year | 443.77 % change on previous year |
| 2020 | +1588.4% | -13.09 % change on previous year | 194.83 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.76 % change on previous year | -390.36 % change on previous year | 233.28 % change on previous year | 8 |
| 1980s | -12.61 % change on previous year | -255.06 % change on previous year | 111.95 % change on previous year | 10 |
| 1990s | 16.37 % change on previous year | -399.48 % change on previous year | 443.77 % change on previous year | 9 |
| 2000s | 39.71 % change on previous year | -356.72 % change on previous year | 715.55 % change on previous year | 10 |
| 2010s | 102.99 % change on previous year | -135.43 % change on previous year | 429.89 % change on previous year | 10 |
| 2020s | 60.61 % change on previous year | -56.33 % change on previous year | 194.83 % change on previous year | 5 |
Countries ranked near Philippines
- 77 Guatemala -10.56 % change on previous year compare
- 78 Serbia -18.34 % change on previous year compare
- 79 Colombia -23.07 % change on previous year compare
- 81 Comoros -29.46 % change on previous year compare
- 82 Saint Kitts and Nevis -30.64 % change on previous year compare
- 83 Belize -31.81 % change on previous year compare
More external debt data for Philippines
- Net financial flows, IBRD 1.38 billion NFL, current US$ (2025)
- 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)
- 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, IDA (NFL, current US$), per square kilometre -8.3 NFL, current US$ per square kilometre (2023)
- Use of IMF credit 3.83 billion DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 89.88 billion DOD, current US$ (2025)
- External debt stocks, long-term 123.11 billion DOD, current US$ (2025)
Frequently asked questions
- What is ppg, private creditors (nfl, us$), annual growth rate in Philippines?
- Ppg, private creditors (nfl, us$), annual growth rate in Philippines was -29.17 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest ppg, private creditors (nfl, us$), annual growth rate recorded in Philippines?
- The highest recorded value was 715.55 % change on previous year in 2009.
- What is the lowest ppg, private creditors (nfl, us$), annual growth rate recorded in Philippines?
- The lowest recorded value was -399.48 % change on previous year in 1992.
- How does Philippines rank for ppg, private creditors (nfl, us$), annual growth rate?
- Philippines ranks 80th out of 117 countries with data for 2024.
- Is ppg, private creditors (nfl, us$), annual growth rate rising or falling in Philippines?
- Over the last ten years it is down 115.1%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of PPG, private creditors (NFL, US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 52 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- PPG, private creditors International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in PPG, private creditors (NFL, US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.