Philippines vs United States: Interest payments

Philippines
763.31 billion current LCU
in 2024
United States
1.06 trillion current LCU
in 2024
Philippines rank
28th
United States rank
25th

Interest payments over time

  • Philippines
  • United States
0250.0B500.0B750.0B1.0T197219982024

How they compare

United States currently reports 1.06 trillion current LCU against 763.31 billion current LCU in Philippines, a difference of 293.82 billion current LCU.

That makes United States's figure about 1.4 times Philippines's.

The two have swapped places 6 times across 35 shared years of data; in 1990 it was United States ahead.

Globally, Philippines ranks 28th and United States ranks 25th of 155 countries.

Individual pages

About this data

Indicator
Interest payments (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,505 data points, 1972–2024
Last refreshed

Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.