External debt stocks, total (DOD, current US$), annual growth rate in Philippines
Philippines: External debt stocks, total (DOD, current US$), annual growth rate was 10.08 % change on previous year in 2024. ◆ Volatile
External debt stocks, total (DOD, current US$), annual growth rate in Philippines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Philippines recorded 10.08 % change on previous year for external debt stocks, total (dod, current us$), annual growth rate in 2024.
Compared with earlier readings it is down 18.5% on the previous year and up 292.3% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), annual growth rate in Philippines peaked at 44.81 % change on previous year in 1976 and was at its lowest, -5.55 % change on previous year, in 2016.
Philippines ranks 17th of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total (DOD, current US$), annual growth rate in Philippines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 10.17 % change on previous year | — |
| 1972 | 10.4 % change on previous year | +2.3% |
| 1973 | 3.37 % change on previous year | -67.6% |
| 1974 | 19.7 % change on previous year | +484.1% |
| 1975 | 26.18 % change on previous year | +32.9% |
| 1976 | 44.81 % change on previous year | +71.1% |
| 1977 | 35.5 % change on previous year | -20.8% |
| 1978 | 31.63 % change on previous year | -10.9% |
| 1979 | 23.3 % change on previous year | -26.4% |
| 1980 | 31.14 % change on previous year | +33.7% |
| 1981 | 19.34 % change on previous year | -37.9% |
| 1982 | 17.45 % change on previous year | -9.8% |
| 1983 | -0.8254 % change on previous year | -104.7% |
| 1984 | 0.6014 % change on previous year | -172.9% |
| 1985 | 9.36 % change on previous year | +1457.0% |
| 1986 | 5.88 % change on previous year | -37.2% |
| 1987 | 5.6 % change on previous year | -4.7% |
| 1988 | -2.86 % change on previous year | -151.1% |
| 1989 | -0.9657 % change on previous year | -66.3% |
| 1990 | 6.73 % change on previous year | -796.5% |
| 1991 | 6.26 % change on previous year | -7.0% |
| 1992 | 2.23 % change on previous year | -64.3% |
| 1993 | 8.8 % change on previous year | +294.0% |
| 1994 | 11.36 % change on previous year | +29.1% |
| 1995 | -2.18 % change on previous year | -119.2% |
| 1996 | 11.74 % change on previous year | -638.0% |
| 1997 | 15.24 % change on previous year | +29.8% |
| 1998 | 5.7 % change on previous year | -62.6% |
| 1999 | 9.1 % change on previous year | +59.6% |
| 2000 | -0.0426 % change on previous year | -100.5% |
| 2001 | -0.0914 % change on previous year | +114.5% |
| 2002 | 2.84 % change on previous year | -3213.5% |
| 2003 | 4.47 % change on previous year | +57.3% |
| 2004 | -2.57 % change on previous year | -157.4% |
| 2005 | -4.02 % change on previous year | +56.2% |
| 2006 | -1.85 % change on previous year | -54.0% |
| 2007 | 2.74 % change on previous year | -248.4% |
| 2008 | -1.54 % change on previous year | -156.0% |
| 2009 | -3.92 % change on previous year | +155.5% |
| 2010 | 16.75 % change on previous year | -526.9% |
| 2011 | 0.6486 % change on previous year | -96.1% |
| 2012 | 3.49 % change on previous year | +438.7% |
| 2013 | 12.72 % change on previous year | +264.2% |
| 2014 | 2.57 % change on previous year | -79.8% |
| 2015 | 1.27 % change on previous year | -50.5% |
| 2016 | -5.55 % change on previous year | -536.2% |
| 2017 | -2.23 % change on previous year | -59.8% |
| 2018 | 7.64 % change on previous year | -442.5% |
| 2019 | 6.5 % change on previous year | -14.9% |
| 2020 | 16.75 % change on previous year | +157.8% |
| 2021 | 8.26 % change on previous year | -50.7% |
| 2022 | 3.88 % change on previous year | -53.0% |
| 2023 | 12.36 % change on previous year | +218.7% |
| 2024 | 10.08 % change on previous year | -18.5% |
Philippines compared with similar countries
- Philippines's 10.08 % change on previous year is above the median for upper middle income countries, which is -0.0855 % change on previous year. (52 countries reporting)
- Philippines's 10.08 % change on previous year is above the median for East Asia & Pacific, which is -1.34 % change on previous year. (16 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total (DOD, current US$), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +3213.5% | -0.0914 % change on previous year | 2.84 % change on previous year |
| 1985 | +1457.0% | 0.6014 % change on previous year | 9.36 % change on previous year |
| 1990 | +796.5% | -0.9657 % change on previous year | 6.73 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.79 % change on previous year | 3.37 % change on previous year | 44.81 % change on previous year | 9 |
| 1980s | 8.47 % change on previous year | -2.86 % change on previous year | 31.14 % change on previous year | 10 |
| 1990s | 7.5 % change on previous year | -2.18 % change on previous year | 15.24 % change on previous year | 10 |
| 2000s | -0.3965 % change on previous year | -4.02 % change on previous year | 4.47 % change on previous year | 10 |
| 2010s | 4.38 % change on previous year | -5.55 % change on previous year | 16.75 % change on previous year | 10 |
| 2020s | 10.27 % change on previous year | 3.88 % change on previous year | 16.75 % change on previous year | 5 |
Countries ranked near Philippines
- 14 India 10.64 % change on previous year compare
- 15 Honduras 10.47 % change on previous year compare
- 16 Vanuatu 10.46 % change on previous year compare
- 18 Saint Lucia 9.89 % change on previous year compare
- 19 Ethiopia 9.84 % change on previous year compare
- 20 El Salvador 9.19 % change on previous year compare
More economy & growth data for Philippines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.98 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 6.4 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 5.64 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0081 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 33.76 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.5964 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0059 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 24.65 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.11 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0043 units per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks, total (dod, current us$), annual growth rate in Philippines?
- External debt stocks, total (dod, current us$), annual growth rate in Philippines was 10.08 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), annual growth rate recorded in Philippines?
- The highest recorded value was 44.81 % change on previous year in 1976.
- What is the lowest external debt stocks, total (dod, current us$), annual growth rate recorded in Philippines?
- The lowest recorded value was -5.55 % change on previous year in 2016.
- How does Philippines rank for external debt stocks, total (dod, current us$), annual growth rate?
- Philippines ranks 17th out of 122 countries with data for 2024.
- Is external debt stocks, total (dod, current us$), annual growth rate rising or falling in Philippines?
- Over the last ten years it is up 292.3%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in External debt stocks, total (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External debt stocks, total International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External debt stocks, total (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.