Assets, Claims on State and Local Governments (OFCS) in Philippines
Philippines: Assets, Claims on State and Local Governments (OFCS) was 337.19 million in 2025. ▼ Falling
Assets, Claims on State and Local Governments (OFCS) in Philippines, 2017–2025
Source: International Monetary Fund.
Analysis
Philippines recorded 337.19 million for assets, claims on state and local governments (ofcs) in 2025. That is the lowest value across all 9 years on record.
That represents a change of down 74.7% on the previous year and down 85.2% over ten years.
Over the whole period, assets, claims on state and local governments (ofcs) in Philippines peaked at 2.78 billion in 2023 and was at its lowest, 337.19 million, in 2025.
Philippines ranks 17th of 66 countries on this measure, in the top quarter.
Assets, Claims on State and Local Governments (OFCS) in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 2.28 billion | — |
| 2018 | 2.56 billion | +12.7% |
| 2019 | 1.26 billion | -50.7% |
| 2020 | 2.19 billion | +73.4% |
| 2021 | 829.50 million | -62.1% |
| 2022 | 1.38 billion | +66.2% |
| 2023 | 2.78 billion | +101.7% |
| 2024 | 1.33 billion | -52.1% |
| 2025 | 337.19 million | -74.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.03 billion | 1.26 billion | 2.56 billion | 3 |
| 2020s | 1.47 billion | 337.19 million | 2.78 billion | 6 |
Countries ranked near Philippines
More financial sector data for Philippines
- Net domestic credit (current LCU), per capita 194,178 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 46.56 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 10.49 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 149.63 million SDR (2025)
- Gold reserves at market value 13.63 billion SDR (2025)
- Reserves excluding gold, foreign exchange 63.95 billion SDR (2025)
- Reserves excluding gold 67.36 billion SDR (2025)
- Total reserves (gold at market value) 81.00 billion SDR (2025)
- Total reserves (gold at national valuation) 80.93 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 692.97 SDR per person (2025)
Frequently asked questions
- What is assets, claims on state and local governments (ofcs) in Philippines?
- Assets, claims on state and local governments (ofcs) in Philippines was 337.19 million in 2025, according to International Monetary Fund.
- What is the highest assets, claims on state and local governments (ofcs) recorded in Philippines?
- The highest recorded value was 2.78 billion in 2023.
- What is the lowest assets, claims on state and local governments (ofcs) recorded in Philippines?
- The lowest recorded value was 337.19 million in 2025.
- How does Philippines rank for assets, claims on state and local governments (ofcs)?
- Philippines ranks 17th out of 66 countries with data for 2025.
- Is assets, claims on state and local governments (ofcs) rising or falling in Philippines?
- Over the last ten years it is down 85.2%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on State and Local Governments (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.