PPG, private creditors in Philippines

Philippines: PPG, private creditors was 5.00 billion NFL, US$ in 2024. ◆ Volatile

Latest (2024)
5.00 billion NFL, US$
Change on year
down 29.2%
World rank
7th
of 120 countries
All-time high
7.06 billion NFL, US$
in 2023
All-time low
-1.47 billion NFL, US$
in 1992
Years of data
55
1970–2024

PPG, private creditors in Philippines, 1970–2024

-2.0B02.0B4.0B6.0B8.0B197019972024

Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.

Analysis

In 2024, ppg, private creditors in Philippines stood at 5.00 billion NFL, US$.

The figure is down 29.2% on the previous year and up 909.4% over ten years.

Over the whole period, ppg, private creditors in Philippines peaked at 7.06 billion NFL, US$ in 2023 and was at its lowest, -1.47 billion NFL, US$, in 1992.

Philippines ranks 7th of 120 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, private creditors in Philippines, year by year

Annual values for PPG, private creditors (NFL, US$) in Philippines, 1970 to 2024.
Year NFL, US$ Change
1970 7.29 million NFL, US$ —
1971 -21.18 million NFL, US$ -390.4%
1972 3.83 million NFL, US$ -118.1%
1973 -77.71 million NFL, US$ -2131.1%
1974 103.58 million NFL, US$ -233.3%
1975 174.69 million NFL, US$ +68.7%
1976 534.52 million NFL, US$ +206.0%
1977 445.09 million NFL, US$ -16.7%
1978 682.98 million NFL, US$ +53.4%
1979 721.96 million NFL, US$ +5.7%
1980 794.06 million NFL, US$ +10.0%
1981 505.74 million NFL, US$ -36.3%
1982 1.05 billion NFL, US$ +108.0%
1983 788.03 million NFL, US$ -25.1%
1984 313.34 million NFL, US$ -60.2%
1985 664.13 million NFL, US$ +112.0%
1986 381.82 million NFL, US$ -42.5%
1987 -592.06 million NFL, US$ -255.1%
1988 -635.43 million NFL, US$ +7.3%
1989 -187.32 million NFL, US$ -70.5%
1990 -120.02 million NFL, US$ -35.9%
1991 -294.80 million NFL, US$ +145.6%
1992 -1.47 billion NFL, US$ +399.5%
1993 -267.32 million NFL, US$ -81.8%
1994 30.55 million NFL, US$ -111.4%
1995 20.57 million NFL, US$ -32.7%
1996 683.97 million NFL, US$ +3225.4%
1997 1.22 billion NFL, US$ +78.2%
1998 901.46 million NFL, US$ -26.1%
1999 4.90 billion NFL, US$ +443.8%
2000 2.76 billion NFL, US$ -43.7%
2001 502.04 million NFL, US$ -81.8%
2002 1.18 billion NFL, US$ +135.1%
2003 1.35 billion NFL, US$ +14.4%
2004 2.25 billion NFL, US$ +67.0%
2005 1.16 billion NFL, US$ -48.4%
2006 2.15 billion NFL, US$ +84.9%
2007 231.34 million NFL, US$ -89.3%
2008 -593.90 million NFL, US$ -356.7%
2009 3.66 billion NFL, US$ -715.6%
2010 1.89 billion NFL, US$ -48.4%
2011 415.29 million NFL, US$ -78.0%
2012 1.51 billion NFL, US$ +262.5%
2013 -533.33 million NFL, US$ -135.4%
2014 495.60 million NFL, US$ -192.9%
2015 2.50 billion NFL, US$ +404.0%
2016 -728.27 million NFL, US$ -129.2%
2017 325.70 million NFL, US$ -144.7%
2018 1.73 billion NFL, US$ +429.9%
2019 1.50 billion NFL, US$ -13.1%
2020 4.42 billion NFL, US$ +194.8%
2021 1.93 billion NFL, US$ -56.3%
2022 2.90 billion NFL, US$ +50.1%
2023 7.06 billion NFL, US$ +143.6%
2024 5.00 billion NFL, US$ -29.2%

Philippines compared with similar countries

  • Philippines's 5.00 billion NFL, US$ is above the median for upper middle income countries, which is -4.16 million NFL, US$. (52 countries reporting)
  • Philippines's 5.00 billion NFL, US$ is above the median for East Asia & Pacific, which is -594,000 NFL, US$. (15 countries reporting)

Biggest year-on-year movements

Years where PPG, private 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.

YearChange FromTo
1996 +3225.4% 20.57 million NFL, US$ 683.97 million NFL, US$
1973 -2131.1% 3.83 million NFL, US$ -77.71 million NFL, US$

Averages by decade

DecadeAverage LowestHighest Years
1970s 257.50 million NFL, US$ -77.71 million NFL, US$ 721.96 million NFL, US$ 10
1980s 308.40 million NFL, US$ -635.43 million NFL, US$ 1.05 billion NFL, US$ 10
1990s 560.28 million NFL, US$ -1.47 billion NFL, US$ 4.90 billion NFL, US$ 10
2000s 1.47 billion NFL, US$ -593.90 million NFL, US$ 3.66 billion NFL, US$ 10
2010s 908.88 million NFL, US$ -728.27 million NFL, US$ 2.50 billion NFL, US$ 10
2020s 4.26 billion NFL, US$ 1.93 billion NFL, US$ 7.06 billion NFL, US$ 5

Countries ranked near Philippines

  1. 4 Turkey 8.08 billion NFL, US$ compare
  2. 5 Brazil 7.53 billion NFL, US$ compare
  3. 6 South Africa 6.52 billion NFL, US$ compare
  4. 8 Argentina 3.64 billion NFL, US$ compare
  5. 9 Nigeria 3.53 billion NFL, US$ compare
  6. 10 Colombia 3.20 billion NFL, US$ compare

See the full ranking of 132 places →

More external debt data for Philippines

All data for Philippines →

Frequently asked questions

What is ppg, private creditors in Philippines?
Ppg, private creditors in Philippines was 5.00 billion NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
What is the highest ppg, private creditors recorded in Philippines?
The highest recorded value was 7.06 billion NFL, US$ in 2023.
What is the lowest ppg, private creditors recorded in Philippines?
The lowest recorded value was -1.47 billion NFL, US$ in 1992.
How does Philippines rank for ppg, private creditors?
Philippines ranks 7th out of 120 countries with data for 2024.
Is ppg, private creditors rising or falling in Philippines?
Over the last ten years it is up 909.4%. 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, private creditors (NFL, US$). Statizoid updates them automatically from the source API.

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PPG, private creditors in Philippines. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 27 September 2026, from https://debt.statizoid.com/stat/ppg-private-creditors-nfl-us/philippines/

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About this data

Indicator
PPG, private creditors (NFL, US$)
Unit
NFL, US$
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
132 places, 5,492 data points, 1970–2024
Last refreshed

Public and publicly guaranteed debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. 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.