India vs Philippines: Short-term debt

India
16.0%
in 2024
Philippines
17.0%
in 2024
India rank
49th
Philippines rank
47th

Short-term debt over time

  • India
  • Philippines
050100150197519992024

How they compare

Philippines currently reports 17.0% against 16.0% in India, a difference of 1.0%.

That makes Philippines's figure about 1.1 times India's.

The two have swapped places 6 times across 48 shared years of data; in 1977 it was Philippines ahead.

India ranks 49th and Philippines ranks 47th of 119 countries.

Across the 6 decades both report, India averaged higher in 2 and Philippines in 4.

Head to head by decade

Decade India Philippines Difference Ahead
1970s 6.6% 74.0% 67.4% Philippines
1980s 26.9% 86.7% 59.8% Philippines
1990s 17.4% 24.2% 6.8% Philippines
2000s 9.1% 15.2% 6.1% Philippines
2010s 18.4% 18.1% 0.2% India
2020s 17.1% 15.4% 1.7% India

Averages of every year both report within each decade.

Frequently asked questions

Which has higher short-term debt, India or Philippines?
Philippines, at 17.0% against 16.0% in India as of 2024.
What is the difference in short-term debt between India and Philippines?
1.0%, with Philippines ahead.
How many years of comparable data are there for India and Philippines?
48 years are reported by both, from 1977 to 2024.
How do India and Philippines rank globally for short-term debt?
India ranks 49th and Philippines ranks 47th of 119 countries.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Short-term debt (% of exports of goods, services and primary income). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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India vs Philippines: Short-term debt. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 18 September 2026, from https://economy.statizoid.com/compare/short-term-debt-percent-of-exports-of-goods-services-and-primary-income/india/philippines/

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About this data

Indicator
Short-term debt (% of exports of goods, services and primary income)
Unit
% of exports of goods, services and primary income
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
151 places, 5,838 data points, 1970–2024
Last refreshed

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. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.