Assets, Claims on State and Local Governments (OFCS) (Domestic) in Philippines
Philippines: Assets, Claims on State and Local Governments (OFCS) (Domestic) 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) (Domestic) 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
- Reserve position in the IMF, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.23 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 2.52 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 4.55 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 7.66 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0015 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.23 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 2.52 % change on previous year (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.
Download this data
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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.