Credit to government and state-owned enterprises to GDP in Philippines
Philippines: Credit to government and state-owned enterprises to GDP was 18.2% in 2020. ▲ Rising
Credit to government and state-owned enterprises to GDP in Philippines, 1980–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Philippines recorded 18.2% for credit to government and state-owned enterprises to gdp in 2020.
The figure is up 21.4% on the previous year and up 20.3% over ten years.
Over the whole period, credit to government and state-owned enterprises to gdp in Philippines peaked at 18.7% in 2004 and was at its lowest, 4.2%, in 1981.
Philippines ranks 54th of 178 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Credit to government and state-owned enterprises to GDP in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 4.9% | — |
| 1981 | 4.2% | -14.4% |
| 1982 | 5.4% | +29.0% |
| 1983 | 6.8% | +25.2% |
| 1984 | 6.2% | -8.5% |
| 1985 | 6.1% | -1.7% |
| 1986 | 5.7% | -6.3% |
| 1987 | 4.9% | -15.6% |
| 1988 | 5.7% | +17.8% |
| 1989 | 6.6% | +15.9% |
| 1990 | 6.4% | -2.7% |
| 1991 | 5.7% | -11.3% |
| 1992 | 6.9% | +20.5% |
| 1993 | 7.3% | +5.7% |
| 1994 | 8.6% | +18.6% |
| 1995 | 9.0% | +4.6% |
| 1996 | 10.5% | +16.3% |
| 1997 | 12.2% | +16.3% |
| 1998 | 11.5% | -5.7% |
| 1999 | 11.7% | +1.6% |
| 2000 | 13.7% | +17.1% |
| 2001 | 15.4% | +12.5% |
| 2002 | 16.1% | +4.2% |
| 2003 | 17.5% | +8.8% |
| 2004 | 18.7% | +7.1% |
| 2005 | 16.8% | -10.4% |
| 2006 | 14.3% | -15.1% |
| 2007 | 13.6% | -4.6% |
| 2008 | 13.6% | +0.2% |
| 2009 | 15.4% | +13.3% |
| 2010 | 15.1% | -2.2% |
| 2011 | 14.8% | -2.2% |
| 2012 | 14.6% | -1.2% |
| 2013 | 14.0% | -4.3% |
| 2014 | 14.4% | +2.8% |
| 2015 | 14.6% | +1.4% |
| 2016 | 13.6% | -6.7% |
| 2017 | 14.4% | +5.9% |
| 2018 | 14.5% | +1.0% |
| 2019 | 15.0% | +3.0% |
| 2020 | 18.2% | +21.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.7% | 4.2% | 6.8% | 10 |
| 1990s | 9.0% | 5.7% | 12.2% | 10 |
| 2000s | 15.5% | 13.6% | 18.7% | 10 |
| 2010s | 14.5% | 13.6% | 15.1% | 10 |
| 2020s | 18.2% | 18.2% | 18.2% | 1 |
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 credit to government and state-owned enterprises to gdp in Philippines?
- Credit to government and state-owned enterprises to gdp in Philippines was 18.2% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest credit to government and state-owned enterprises to gdp recorded in Philippines?
- The highest recorded value was 18.7% in 2004.
- What is the lowest credit to government and state-owned enterprises to gdp recorded in Philippines?
- The lowest recorded value was 4.2% in 1981.
- How does Philippines rank for credit to government and state-owned enterprises to gdp?
- Philippines ranks 54th out of 178 countries with data for 2020.
- Is credit to government and state-owned enterprises to gdp rising or falling in Philippines?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is rising.
- Where does this Philippines data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Credit to government and state-owned enterprises to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. (IFS line 22A + line 22B + line 22C) / GDP. Local currency GDP is from IFS (line 99B..ZF or, if not available, line 99B.CZF).