International debt issues to GDP (%) in Philippines
Philippines: International debt issues to GDP (%) was 20.0% in 2020. ◆ Volatile
International debt issues to GDP in Philippines, 1980–2020
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
The most recent figure for international debt issues to gdp in Philippines is 20.0%, measured in 2020.
The figure is up 34.7% on the previous year and up 4.3% over ten years.
Over the whole period, international debt issues to gdp in Philippines peaked at 30.1% in 2003 and was at its lowest, 1.2%, in 1989.
That places Philippines 57th out of 116 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
International debt issues to GDP (%) in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 3.2% | — |
| 1981 | 3.0% | -7.6% |
| 1982 | 2.9% | -4.2% |
| 1983 | 3.1% | +9.1% |
| 1984 | 3.0% | -3.9% |
| 1985 | 3.0% | +1.8% |
| 1986 | 2.8% | -8.4% |
| 1987 | 2.6% | -7.0% |
| 1988 | 1.7% | -33.3% |
| 1989 | 1.2% | -33.4% |
| 1990 | 2.8% | +145.9% |
| 1991 | 2.5% | -10.5% |
| 1992 | 8.1% | +219.9% |
| 1993 | 10.1% | +24.2% |
| 1994 | 10.4% | +3.0% |
| 1995 | 10.1% | -2.6% |
| 1996 | 13.5% | +33.5% |
| 1997 | 16.9% | +25.4% |
| 1998 | 20.0% | +18.4% |
| 1999 | 21.5% | +7.5% |
| 2000 | 22.1% | +2.8% |
| 2001 | 23.4% | +5.9% |
| 2002 | 26.3% | +12.4% |
| 2003 | 30.1% | +14.6% |
| 2004 | 29.1% | -3.4% |
| 2005 | 27.3% | -6.1% |
| 2006 | 25.1% | -8.0% |
| 2007 | 20.8% | -17.1% |
| 2008 | 17.6% | -15.5% |
| 2009 | 20.5% | +16.7% |
| 2010 | 19.2% | -6.7% |
| 2011 | 17.8% | -7.2% |
| 2012 | 17.2% | -3.0% |
| 2013 | 16.3% | -5.7% |
| 2014 | 15.5% | -4.9% |
| 2015 | 16.1% | +3.8% |
| 2016 | 15.3% | -4.9% |
| 2017 | 14.8% | -3.3% |
| 2018 | 15.4% | +4.0% |
| 2019 | 14.8% | -3.4% |
| 2020 | 20.0% | +34.7% |
Philippines compared with similar countries
- Philippines's 20.0% is above the median for upper middle income countries, which is 17.5%, 1.1× the median. (38 countries reporting)
- Philippines's 20.0% is above the median for East Asia & Pacific, which is 14.1%, 1.4× the median. (16 countries reporting)
Biggest year-on-year movements
Years where International debt issues to GDP (%) 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 |
|---|---|---|---|
| 1992 | +219.9% | 2.5% | 8.1% |
| 1990 | +145.9% | 1.2% | 2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.6% | 1.2% | 3.2% | 10 |
| 1990s | 11.6% | 2.5% | 21.5% | 10 |
| 2000s | 24.2% | 17.6% | 30.1% | 10 |
| 2010s | 16.2% | 14.8% | 19.2% | 10 |
| 2020s | 20.0% | 20.0% | 20.0% | 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 international debt issues to gdp in Philippines?
- International debt issues to gdp in Philippines was 20.0% in 2020, according to Bank for International Settlements (BIS).
- What is the highest international debt issues to gdp recorded in Philippines?
- The highest recorded value was 30.1% in 2003.
- What is the lowest international debt issues to gdp recorded in Philippines?
- The lowest recorded value was 1.2% in 1989.
- How does Philippines rank for international debt issues to gdp?
- Philippines ranks 57th out of 116 countries with data for 2020.
- Is international debt issues to gdp rising or falling in Philippines?
- Over the last ten years it is up 4.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Bank for International Settlements (BIS), published as part of International debt issues to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Total value of outstanding international debt issues both public and private, as a share of GDP. Offshore bank loan data from BIS Statistical Appendix Table 12A (Amount Outstanding): International debt securities - all issuers.