Latin America & Caribbean vs Philippines: Total reserves
Total reserves over time
- Latin America & Caribbean
- Philippines
How they compare
Philippines currently reports 77.5% against 40.9% in Latin America & Caribbean, a difference of 36.6%.
That makes Philippines's figure about 1.9 times Latin America & Caribbean's.
The two have swapped places 14 times across 54 shared years of data; in 1971 it was Philippines ahead.
Latin America & Caribbean ranks 22nd and Philippines ranks 22nd of 40 groups.
Across the 6 decades both report, Latin America & Caribbean averaged higher in 2 and Philippines in 4.
Head to head by decade
| Decade | Latin America & Caribbean | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 19.0% | 28.5% | 9.4% | Philippines |
| 1980s | 9.7% | 8.8% | 1.0% | Latin America & Caribbean |
| 1990s | 18.1% | 18.0% | 0.1% | Latin America & Caribbean |
| 2000s | 32.3% | 40.5% | 8.3% | Philippines |
| 2010s | 49.0% | 106.7% | 57.7% | Philippines |
| 2020s | 41.4% | 92.2% | 50.9% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher total reserves, Latin America & Caribbean or Philippines?
- Philippines, at 77.5% against 40.9% in Latin America & Caribbean as of 2024.
- What is the difference in total reserves between Latin America & Caribbean and Philippines?
- 36.6%, with Philippines ahead.
- How many years of comparable data are there for Latin America & Caribbean and Philippines?
- 54 years are reported by both, from 1971 to 2024.
- How do Latin America & Caribbean and Philippines rank globally for total reserves?
- Latin America & Caribbean ranks 22nd and Philippines ranks 22nd of 40 groups.
- Where does this data come from?
- International Debt Statistics, World Bank (WB), published as Total reserves (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency. This indicator is expressed as a percentage of total external debt which are all liabilities that require payment(s) of interest and/or principal by the debtor at some point(s) in the future and that are owed to non-residents by residents of an economy.