Use of IMF credit (DOD, current US$), annual growth rate in Philippines
Philippines: Use of IMF credit (DOD, current US$), annual growth rate was -2.8 % change on previous year in 2024. ◆ Volatile
Use of IMF credit (DOD, current US$), annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, use of imf credit (dod, current us$), annual growth rate in Philippines stood at -2.8 % change on previous year.
That represents a change of down 443.9% on the previous year and up 52.8% over ten years.
Over the whole period, use of imf credit (dod, current us$), annual growth rate in Philippines peaked at 631.49 % change on previous year in 2009 and was at its lowest, -68.42 % change on previous year, in 2006.
That places Philippines 75th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit (DOD, current US$), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 41.7 % change on previous year | — |
| 1972 | 6.15 % change on previous year | -85.3% |
| 1973 | -11.05 % change on previous year | -279.7% |
| 1974 | -9.74 % change on previous year | -11.8% |
| 1975 | 132.2 % change on previous year | -1457.2% |
| 1976 | 109.63 % change on previous year | -17.1% |
| 1977 | 30.53 % change on previous year | -72.2% |
| 1978 | 24.66 % change on previous year | -19.2% |
| 1979 | 23.61 % change on previous year | -4.3% |
| 1980 | 28.47 % change on previous year | +20.6% |
| 1981 | 8.53 % change on previous year | -70.1% |
| 1982 | -11.83 % change on previous year | -238.7% |
| 1983 | 9.55 % change on previous year | -180.7% |
| 1984 | -19.12 % change on previous year | -300.3% |
| 1985 | 31.97 % change on previous year | -267.2% |
| 1986 | 8.35 % change on previous year | -73.9% |
| 1987 | -0.4858 % change on previous year | -105.8% |
| 1988 | -13.21 % change on previous year | +2618.9% |
| 1989 | 7.6 % change on previous year | -157.5% |
| 1990 | -22.5 % change on previous year | -396.3% |
| 1991 | 19.08 % change on previous year | -184.8% |
| 1992 | 1.33 % change on previous year | -93.0% |
| 1993 | 9.96 % change on previous year | +649.5% |
| 1994 | -12.08 % change on previous year | -221.3% |
| 1995 | -31.59 % change on previous year | +161.5% |
| 1996 | -44.28 % change on previous year | +40.2% |
| 1997 | 110.94 % change on previous year | -350.5% |
| 1998 | 83.41 % change on previous year | -24.8% |
| 1999 | 26.39 % change on previous year | -68.4% |
| 2000 | 10.14 % change on previous year | -61.6% |
| 2001 | -3.89 % change on previous year | -138.4% |
| 2002 | -12.1 % change on previous year | +210.6% |
| 2003 | -25.69 % change on previous year | +112.4% |
| 2004 | -31.62 % change on previous year | +23.0% |
| 2005 | -40.73 % change on previous year | +28.8% |
| 2006 | -68.42 % change on previous year | +68.0% |
| 2007 | 5.04 % change on previous year | -107.4% |
| 2008 | -2.53 % change on previous year | -150.2% |
| 2009 | 631.49 % change on previous year | -25062.8% |
| 2010 | -1.76 % change on previous year | -100.3% |
| 2011 | -0.3092 % change on previous year | -82.5% |
| 2012 | 0.1073 % change on previous year | -134.7% |
| 2013 | 0.2003 % change on previous year | +86.8% |
| 2014 | -5.92 % change on previous year | -3055.7% |
| 2015 | -4.35 % change on previous year | -26.5% |
| 2016 | -2.99 % change on previous year | -31.4% |
| 2017 | 5.94 % change on previous year | -298.7% |
| 2018 | -2.34 % change on previous year | -139.4% |
| 2019 | -0.5723 % change on previous year | -75.6% |
| 2020 | 4.15 % change on previous year | -825.7% |
| 2021 | 224.24 % change on previous year | +5298.8% |
| 2022 | -4.91 % change on previous year | -102.2% |
| 2023 | 0.8135 % change on previous year | -116.6% |
| 2024 | -2.8 % change on previous year | -443.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38.63 % change on previous year | -11.05 % change on previous year | 132.2 % change on previous year | 9 |
| 1980s | 4.98 % change on previous year | -19.12 % change on previous year | 31.97 % change on previous year | 10 |
| 1990s | 14.07 % change on previous year | -44.28 % change on previous year | 110.94 % change on previous year | 10 |
| 2000s | 46.17 % change on previous year | -68.42 % change on previous year | 631.49 % change on previous year | 10 |
| 2010s | -1.2 % change on previous year | -5.92 % change on previous year | 5.94 % change on previous year | 10 |
| 2020s | 44.3 % change on previous year | -4.91 % change on previous year | 224.24 % change on previous year | 5 |
Countries ranked near Philippines
- 72 Viet Nam -2.8 % change on previous year compare
- 72 Samoa -2.8 % change on previous year compare
- 74 Syrian Arab Republic -2.8 % change on previous year compare
- 76 Tajikistan -2.8 % change on previous year compare
- 77 Cambodia -2.8 % change on previous year compare
- 78 Mexico -2.8 % change on previous year 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 use of imf credit (dod, current us$), annual growth rate in Philippines?
- Use of imf credit (dod, current us$), annual growth rate in Philippines was -2.8 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest use of imf credit (dod, current us$), annual growth rate recorded in Philippines?
- The highest recorded value was 631.49 % change on previous year in 2009.
- What is the lowest use of imf credit (dod, current us$), annual growth rate recorded in Philippines?
- The lowest recorded value was -68.42 % change on previous year in 2006.
- How does Philippines rank for use of imf credit (dod, current us$), annual growth rate?
- Philippines ranks 75th out of 122 countries with data for 2024.
- Is use of imf credit (dod, current us$), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 52.8%. 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 Use of IMF credit (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Use of IMF credit (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Use of IMF credit 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 Use of IMF credit (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.