External debt stocks, short-term in Philippines
Philippines: External debt stocks, short-term was 20.95 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, short-term in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, short-term in Philippines stood at 20.95 billion DOD, current US$. That is the highest value across all 55 years on record.
The figure is up 22.5% on the previous year and up 28.9% over ten years.
Over the whole period, external debt stocks, short-term in Philippines peaked at 20.95 billion DOD, current US$ in 2024 and was at its lowest, 583.00 million DOD, current US$, in 1970.
That places Philippines 14th out of 121 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.79 billion DOD, current US$ | 583.00 million DOD, current US$ | 5.32 billion DOD, current US$ | 10 |
| 1980s | 7.33 billion DOD, current US$ | 3.80 billion DOD, current US$ | 11.32 billion DOD, current US$ | 10 |
| 1990s | 6.12 billion DOD, current US$ | 4.43 billion DOD, current US$ | 11.79 billion DOD, current US$ | 10 |
| 2000s | 5.78 billion DOD, current US$ | 4.00 billion DOD, current US$ | 7.08 billion DOD, current US$ | 10 |
| 2010s | 14.93 billion DOD, current US$ | 10.51 billion DOD, current US$ | 17.21 billion DOD, current US$ | 10 |
| 2020s | 16.79 billion DOD, current US$ | 14.21 billion DOD, current US$ | 20.95 billion DOD, current US$ | 5 |
Countries ranked near Philippines
- 11 Vietnam 37.09 billion DOD, current US$ compare
- 12 Egypt 31.00 billion DOD, current US$ compare
- 13 Nigeria 22.23 billion DOD, current US$ compare
- 15 Kazakhstan 19.59 billion DOD, current US$ compare
- 16 Colombia 19.05 billion DOD, current US$ compare
- 17 Lebanon 19.04 billion DOD, current US$ compare
More external debt data for Philippines
- IFC, private nonguaranteed 332.92 million NFL, US$ (2024)
- Public and publicly guaranteed debt service 1.9% (2024)
- Net financial flows, IDA -2.33 million NFL, current US$ (2024)
- Net financial flows, IBRD 2.25 billion NFL, current US$ (2024)
- Public and publicly guaranteed debt service 7.8% (2024)
- Multilateral debt service 33.2% (2024)
- Multilateral debt service 3.21 billion TDS, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 9.67 billion TDS, current US$ (2024)
- IMF repurchases and charges 142.86 million TDS, current US$ (2024)
- PPG, official creditors 4.91 billion NFL, US$ (2024)
Frequently asked questions
- What is external debt stocks, short-term in Philippines?
- External debt stocks, short-term in Philippines was 20.95 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Philippines?
- The highest recorded value was 20.95 billion DOD, current US$ in 2024.
- What is the lowest external debt stocks, short-term recorded in Philippines?
- The lowest recorded value was 583.00 million DOD, current US$ in 1970.
- How does Philippines rank for external debt stocks, short-term?
- Philippines ranks 14th out of 121 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in Philippines?
- Over the last ten years it is up 28.9%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.