Iceland vs Philippines: Liquid liabilities to GDP
Liquid liabilities to GDP over time
- Iceland
- Philippines
How they compare
Iceland currently reports 72.5% against 70.4% in Philippines, a difference of 2.1%.
The two have swapped places 8 times across 62 shared years of data; in 1960 it was Iceland ahead.
Iceland ranks 81st and Philippines ranks 83rd of 186 countries.
Across the 7 decades both report, Iceland averaged higher in 6 and Philippines in 1.
Head to head by decade
| Decade | Iceland | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 37.4% | 21.2% | 16.2% | Iceland |
| 1970s | 28.4% | 20.3% | 8.1% | Iceland |
| 1980s | 25.1% | 24.7% | 0.4% | Iceland |
| 1990s | 37.5% | 43.1% | 5.5% | Philippines |
| 2000s | 68.7% | 53.3% | 15.5% | Iceland |
| 2010s | 74.6% | 62.9% | 11.6% | Iceland |
| 2020s | 72.3% | 70.0% | 2.3% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher liquid liabilities to gdp, Iceland or Philippines?
- Iceland, at 72.5% against 70.4% in Philippines as of 2021.
- What is the difference in liquid liabilities to gdp between Iceland and Philippines?
- 2.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Philippines?
- 62 years are reported by both, from 1960 to 2021.
- How do Iceland and Philippines rank globally for liquid liabilities to gdp?
- Iceland ranks 81st and Philippines ranks 83rd of 186 countries.
- Where does this data come from?
- International Financial Statistics (IFS), International Monetary Fund (IMF), published as Liquid liabilities to GDP (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.