Government securities: Treasury bills yields, Rate, Percent per annum in Philippines
Philippines: Government securities: Treasury bills yields, Rate, Percent per annum was 5.21 in 2025. ◆ Volatile
Government securities: Treasury bills yields, Rate, Percent per annum in Philippines, 1976–2025
Source: International Monetary Fund.
Analysis
The most recent figure for government securities: treasury bills yields, rate, percent per annum in Philippines is 5.21, measured in 2025.
The figure is down 7.9% on the previous year and up 198.5% over ten years.
Over the whole period, government securities: treasury bills yields, rate, percent per annum in Philippines peaked at 28.53 in 1984 and was at its lowest, 0.2884, in 2013.
That places Philippines 40th out of 89 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Government securities: Treasury bills yields, Rate, Percent per annum in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1976 | 10.19 | — |
| 1977 | 10.89 | +6.9% |
| 1978 | 10.88 | -0.0% |
| 1979 | 12.26 | +12.6% |
| 1980 | 12.14 | -1.0% |
| 1981 | 12.55 | +3.4% |
| 1982 | 13.78 | +9.8% |
| 1983 | 14.23 | +3.3% |
| 1984 | 28.53 | +100.5% |
| 1985 | 26.72 | -6.3% |
| 1986 | 16.08 | -39.8% |
| 1987 | 11.51 | -28.4% |
| 1988 | 14.67 | +27.4% |
| 1989 | 18.65 | +27.1% |
| 1990 | 23.67 | +27.0% |
| 1991 | 21.48 | -9.3% |
| 1992 | 16.02 | -25.4% |
| 1993 | 12.45 | -22.3% |
| 1994 | 12.71 | +2.1% |
| 1995 | 11.76 | -7.5% |
| 1996 | 12.34 | +4.9% |
| 1997 | 12.89 | +4.5% |
| 1998 | 15 | +16.4% |
| 1999 | 10 | -33.4% |
| 2000 | 9.91 | -0.8% |
| 2001 | 9.73 | -1.8% |
| 2002 | 5.49 | -43.6% |
| 2003 | 5.87 | +6.9% |
| 2004 | 7.32 | +24.7% |
| 2005 | 6.13 | -16.2% |
| 2006 | 5.29 | -13.7% |
| 2007 | 3.38 | -36.2% |
| 2008 | 5.16 | +52.9% |
| 2009 | 4.19 | -18.8% |
| 2010 | 3.51 | -16.2% |
| 2011 | 1.34 | -61.9% |
| 2012 | 1.5 | +12.0% |
| 2013 | 0.2884 | -80.8% |
| 2014 | 1.22 | +322.0% |
| 2015 | 1.74 | +43.4% |
| 2016 | 1.5 | -13.8% |
| 2017 | 2.12 | +40.8% |
| 2018 | 3.61 | +70.7% |
| 2019 | 4.32 | +19.7% |
| 2020 | 1.98 | -54.2% |
| 2021 | 1.11 | -43.8% |
| 2022 | 2.2 | +97.9% |
| 2023 | 5.35 | +142.8% |
| 2024 | 5.66 | +5.7% |
| 2025 | 5.21 | -7.9% |
Philippines compared with similar countries
- Philippines's 5.21 is above the median for upper middle income countries, which is 4.29, 1.2× the median. (28 countries reporting)
- Philippines's 5.21 is above the median for East Asia & Pacific, which is 2.76, 1.9× the median. (11 countries reporting)
Biggest year-on-year movements
Years where Government securities: Treasury bills yields, Rate, Percent per annum in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +322.0% | 0.2884 | 1.22 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.05 | 10.19 | 12.26 | 4 |
| 1980s | 16.89 | 11.51 | 28.53 | 10 |
| 1990s | 14.83 | 10 | 23.67 | 10 |
| 2000s | 6.25 | 3.38 | 9.91 | 10 |
| 2010s | 2.12 | 0.2884 | 4.32 | 10 |
| 2020s | 3.59 | 1.11 | 5.66 | 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 government securities: treasury bills yields, rate, percent per annum in Philippines?
- Government securities: treasury bills yields, rate, percent per annum in Philippines was 5.21 in 2025, according to International Monetary Fund.
- What is the highest government securities: treasury bills yields, rate, percent per annum recorded in Philippines?
- The highest recorded value was 28.53 in 1984.
- What is the lowest government securities: treasury bills yields, rate, percent per annum recorded in Philippines?
- The lowest recorded value was 0.2884 in 2013.
- How does Philippines rank for government securities: treasury bills yields, rate, percent per annum?
- Philippines ranks 40th out of 89 countries with data for 2025.
- Is government securities: treasury bills yields, rate, percent per annum rising or falling in Philippines?
- Over the last ten years it is up 198.5%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Monetary Fund, published as part of Government securities: Treasury bills yields, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.