Multilateral debt service in Philippines
Philippines: Multilateral debt service was 3.21 billion TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, multilateral debt service in Philippines stood at 3.21 billion TDS, current US$. That is the highest value across all 55 years on record.
That represents a change of up 29.1% on the previous year and up 346.0% over ten years.
Over the whole period, multilateral debt service in Philippines peaked at 3.21 billion TDS, current US$ in 2024 and was at its lowest, 12.11 million TDS, current US$, in 1970.
Philippines ranks 10th of 122 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 43.87 million TDS, current US$ | 12.11 million TDS, current US$ | 119.20 million TDS, current US$ | 10 |
| 1980s | 420.15 million TDS, current US$ | 144.69 million TDS, current US$ | 734.79 million TDS, current US$ | 10 |
| 1990s | 1.03 billion TDS, current US$ | 831.51 million TDS, current US$ | 1.25 billion TDS, current US$ | 10 |
| 2000s | 963.65 million TDS, current US$ | 867.74 million TDS, current US$ | 1.28 billion TDS, current US$ | 10 |
| 2010s | 909.96 million TDS, current US$ | 720.58 million TDS, current US$ | 1.48 billion TDS, current US$ | 10 |
| 2020s | 1.78 billion TDS, current US$ | 935.74 million TDS, current US$ | 3.21 billion TDS, current US$ | 5 |
Countries ranked near Philippines
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)
- 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)
- Net financial flows, multilateral 4.45 billion NFL, current US$ (2024)
Frequently asked questions
- What is multilateral debt service in Philippines?
- Multilateral debt service in Philippines was 3.21 billion TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Philippines?
- The highest recorded value was 3.21 billion TDS, current US$ in 2024.
- What is the lowest multilateral debt service recorded in Philippines?
- The lowest recorded value was 12.11 million TDS, current US$ in 1970.
- How does Philippines rank for multilateral debt service?
- Philippines ranks 10th out of 122 countries with data for 2024.
- Is multilateral debt service rising or falling in Philippines?
- Over the last ten years it is up 346.0%. 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 Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.