Liquid liabilities to GDP (%) in Philippines
Philippines: Liquid liabilities to GDP (%) was 70.4% in 2021. ▲ Rising
Liquid liabilities to GDP in Philippines, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Philippines recorded 70.4% for liquid liabilities to gdp in 2021.
That represents a change of up 1.3% on the previous year and up 22.7% over ten years.
Over the whole period, liquid liabilities to gdp in Philippines peaked at 74.1% in 2016 and was at its lowest, 17.3%, in 1975.
That places Philippines 83rd out of 186 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Liquid liabilities to GDP (%) in Philippines, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 18.0% | — |
| 1961 | 20.4% | +13.8% |
| 1962 | 21.9% | +7.0% |
| 1963 | 21.3% | -2.5% |
| 1964 | 20.4% | -4.5% |
| 1965 | 19.8% | -2.8% |
| 1966 | 20.8% | +4.9% |
| 1967 | 23.5% | +12.9% |
| 1968 | 23.2% | -1.1% |
| 1969 | 23.3% | +0.4% |
| 1970 | 21.9% | -5.8% |
| 1971 | 21.0% | -4.1% |
| 1972 | 21.3% | +1.4% |
| 1973 | 20.7% | -3.0% |
| 1974 | 17.5% | -15.4% |
| 1975 | 17.3% | -1.4% |
| 1976 | 18.7% | +8.6% |
| 1977 | 21.1% | +12.4% |
| 1978 | 22.8% | +8.0% |
| 1979 | 21.1% | -7.4% |
| 1980 | 21.2% | +0.4% |
| 1981 | 21.5% | +1.6% |
| 1982 | 22.6% | +5.2% |
| 1983 | 29.7% | +31.4% |
| 1984 | 24.6% | -17.1% |
| 1985 | 25.4% | +3.1% |
| 1986 | 24.3% | -4.5% |
| 1987 | 24.2% | -0.5% |
| 1988 | 25.4% | +5.3% |
| 1989 | 28.6% | +12.4% |
| 1990 | 30.0% | +5.1% |
| 1991 | 30.5% | +1.6% |
| 1992 | 31.9% | +4.4% |
| 1993 | 37.4% | +17.4% |
| 1994 | 41.3% | +10.3% |
| 1995 | 45.4% | +10.0% |
| 1996 | 49.3% | +8.5% |
| 1997 | 54.3% | +10.1% |
| 1998 | 53.6% | -1.2% |
| 1999 | 57.1% | +6.4% |
| 2000 | 55.9% | -2.1% |
| 2001 | 53.2% | -4.8% |
| 2002 | 54.3% | +2.1% |
| 2003 | 51.9% | -4.5% |
| 2004 | 50.5% | -2.6% |
| 2005 | 48.4% | -4.2% |
| 2006 | 52.2% | +8.0% |
| 2007 | 50.1% | -4.1% |
| 2008 | 57.0% | +13.8% |
| 2009 | 59.4% | +4.2% |
| 2010 | 58.8% | -1.0% |
| 2011 | 57.4% | -2.4% |
| 2012 | 56.3% | -1.9% |
| 2013 | 66.8% | +18.7% |
| 2014 | 68.5% | +2.5% |
| 2015 | 70.9% | +3.5% |
| 2016 | 74.1% | +4.5% |
| 2017 | 59.8% | -19.3% |
| 2018 | 57.5% | -3.9% |
| 2019 | 59.2% | +2.9% |
| 2020 | 69.5% | +17.5% |
| 2021 | 70.4% | +1.3% |
Philippines compared with similar countries
- Philippines's 70.4% is above the median for upper middle income countries, which is 63.0%, 1.1× the median. (55 countries reporting)
- Philippines's 70.4% is below the median for East Asia & Pacific, which is 89.6%, 79% of the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 21.2% | 18.0% | 23.5% | 10 |
| 1970s | 20.3% | 17.3% | 22.8% | 10 |
| 1980s | 24.7% | 21.2% | 29.7% | 10 |
| 1990s | 43.1% | 30.0% | 57.1% | 10 |
| 2000s | 53.3% | 48.4% | 59.4% | 10 |
| 2010s | 62.9% | 56.3% | 74.1% | 10 |
| 2020s | 70.0% | 69.5% | 70.4% | 2 |
Countries ranked near Philippines
- 80 Latvia 73.9% compare
- 81 Iceland 72.5% compare
- 82 Hungary 72.0% compare
- 84 Saudi Arabia 70.1% compare
- 85 South Africa 69.9% compare
- 86 Micronesia (country) 69.9% compare
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 liquid liabilities to gdp in Philippines?
- Liquid liabilities to gdp in Philippines was 70.4% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest liquid liabilities to gdp recorded in Philippines?
- The highest recorded value was 74.1% in 2016.
- What is the lowest liquid liabilities to gdp recorded in Philippines?
- The lowest recorded value was 17.3% in 1975.
- How does Philippines rank for liquid liabilities to gdp?
- Philippines ranks 83rd out of 186 countries with data for 2021.
- Is liquid liabilities to gdp rising or falling in Philippines?
- Over the last ten years it is up 22.7%. 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 Liquid liabilities to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Ratio of liquid liabilities to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is liquid liabilities, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF's International Financial Statistics. Liquid liabilities (IFS lines 55L or, if not available, line 35L); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF) For Eurocurrency area countries liquid liabilities are estimated by summing IFS items 34A, 34B and 35.