External debt stocks, total (DOD, current US$), per unit of GDP in Philippines
Philippines: External debt stocks, total (DOD, current US$), per unit of GDP was 0.2968 DOD, current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.2968 DOD, current US$ per US$ of GDP
Change on year
up 4.2%
World rank
90th
of 122 countries
All-time high
0.8298 DOD, current US$ per US$ of GDP
in 1986
All-time low
0.2118 DOD, current US$ per US$ of GDP
in 1974
Years of data
55
1970–2024
External debt stocks, total (DOD, current US$), per unit of GDP in Philippines, 1970–2024
Source: Statizoid (derived). Measured in DOD, current US$ per US$ of GDP.
Analysis
Philippines recorded 0.2968 DOD, current US$ per US$ of GDP for external debt stocks, total (dod, current us$), per unit of gdp in 2024.
That represents a change of up 4.2% on the previous year and up 12.2% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), per unit of gdp in Philippines peaked at 0.8298 DOD, current US$ per US$ of GDP in 1986 and was at its lowest, 0.2118 DOD, current US$ per US$ of GDP, in 1974.
That places Philippines 90th out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
External debt stocks, total (DOD, current US$), per unit of GDP in Philippines, year by year
| Year | DOD, current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.2905 DOD, current US$ per US$ of GDP | — |
| 1971 | 0.2889 DOD, current US$ per US$ of GDP | -0.6% |
| 1972 | 0.2946 DOD, current US$ per US$ of GDP | +2.0% |
| 1973 | 0.242 DOD, current US$ per US$ of GDP | -17.9% |
| 1974 | 0.2118 DOD, current US$ per US$ of GDP | -12.5% |
| 1975 | 0.2471 DOD, current US$ per US$ of GDP | +16.7% |
| 1976 | 0.3116 DOD, current US$ per US$ of GDP | +26.1% |
| 1977 | 0.3672 DOD, current US$ per US$ of GDP | +17.9% |
| 1978 | 0.4181 DOD, current US$ per US$ of GDP | +13.9% |
| 1979 | 0.4254 DOD, current US$ per US$ of GDP | +1.7% |
| 1980 | 0.4727 DOD, current US$ per US$ of GDP | +11.1% |
| 1981 | 0.5132 DOD, current US$ per US$ of GDP | +8.6% |
| 1982 | 0.5784 DOD, current US$ per US$ of GDP | +12.7% |
| 1983 | 0.6412 DOD, current US$ per US$ of GDP | +10.9% |
| 1984 | 0.6817 DOD, current US$ per US$ of GDP | +6.3% |
| 1985 | 0.7619 DOD, current US$ per US$ of GDP | +11.8% |
| 1986 | 0.8298 DOD, current US$ per US$ of GDP | +8.9% |
| 1987 | 0.7881 DOD, current US$ per US$ of GDP | -5.0% |
| 1988 | 0.6705 DOD, current US$ per US$ of GDP | -14.9% |
| 1989 | 0.5906 DOD, current US$ per US$ of GDP | -11.9% |
| 1990 | 0.6054 DOD, current US$ per US$ of GDP | +2.5% |
| 1991 | 0.6275 DOD, current US$ per US$ of GDP | +3.6% |
| 1992 | 0.5498 DOD, current US$ per US$ of GDP | -12.4% |
| 1993 | 0.5826 DOD, current US$ per US$ of GDP | +6.0% |
| 1994 | 0.5502 DOD, current US$ per US$ of GDP | -5.6% |
| 1995 | 0.4651 DOD, current US$ per US$ of GDP | -15.5% |
| 1996 | 0.4648 DOD, current US$ per US$ of GDP | -0.1% |
| 1997 | 0.5387 DOD, current US$ per US$ of GDP | +15.9% |
| 1998 | 0.7194 DOD, current US$ per US$ of GDP | +33.5% |
| 1999 | 0.6827 DOD, current US$ per US$ of GDP | -5.1% |
| 2000 | 0.6985 DOD, current US$ per US$ of GDP | +2.3% |
| 2001 | 0.7398 DOD, current US$ per US$ of GDP | +5.9% |
| 2002 | 0.7123 DOD, current US$ per US$ of GDP | -3.7% |
| 2003 | 0.7208 DOD, current US$ per US$ of GDP | +1.2% |
| 2004 | 0.6434 DOD, current US$ per US$ of GDP | -10.7% |
| 2005 | 0.5462 DOD, current US$ per US$ of GDP | -15.1% |
| 2006 | 0.4511 DOD, current US$ per US$ of GDP | -17.4% |
| 2007 | 0.3793 DOD, current US$ per US$ of GDP | -15.9% |
| 2008 | 0.3207 DOD, current US$ per US$ of GDP | -15.4% |
| 2009 | 0.3181 DOD, current US$ per US$ of GDP | -0.8% |
| 2010 | 0.3136 DOD, current US$ per US$ of GDP | -1.4% |
| 2011 | 0.2808 DOD, current US$ per US$ of GDP | -10.5% |
| 2012 | 0.2599 DOD, current US$ per US$ of GDP | -7.5% |
| 2013 | 0.2703 DOD, current US$ per US$ of GDP | +4.0% |
| 2014 | 0.2645 DOD, current US$ per US$ of GDP | -2.1% |
| 2015 | 0.2601 DOD, current US$ per US$ of GDP | -1.7% |
| 2016 | 0.2363 DOD, current US$ per US$ of GDP | -9.2% |
| 2017 | 0.2241 DOD, current US$ per US$ of GDP | -5.2% |
| 2018 | 0.2284 DOD, current US$ per US$ of GDP | +1.9% |
| 2019 | 0.2239 DOD, current US$ per US$ of GDP | -2.0% |
| 2020 | 0.2723 DOD, current US$ per US$ of GDP | +21.6% |
| 2021 | 0.2706 DOD, current US$ per US$ of GDP | -0.6% |
| 2022 | 0.274 DOD, current US$ per US$ of GDP | +1.2% |
| 2023 | 0.2848 DOD, current US$ per US$ of GDP | +4.0% |
| 2024 | 0.2968 DOD, current US$ per US$ of GDP | +4.2% |
Philippines compared with similar countries
- Philippines's 0.2968 DOD, current US$ per US$ of GDP is below the median for upper middle income countries, which is 0.4626 DOD, current US$ per US$ of GDP, 64% of the median. (52 countries reporting)
- Philippines's 0.2968 DOD, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.3491 DOD, current US$ per US$ of GDP, 85% of the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.3097 DOD, current US$ per US$ of GDP | 0.2118 DOD, current US$ per US$ of GDP | 0.4254 DOD, current US$ per US$ of GDP | 10 |
| 1980s | 0.6528 DOD, current US$ per US$ of GDP | 0.4727 DOD, current US$ per US$ of GDP | 0.8298 DOD, current US$ per US$ of GDP | 10 |
| 1990s | 0.5786 DOD, current US$ per US$ of GDP | 0.4648 DOD, current US$ per US$ of GDP | 0.7194 DOD, current US$ per US$ of GDP | 10 |
| 2000s | 0.553 DOD, current US$ per US$ of GDP | 0.3181 DOD, current US$ per US$ of GDP | 0.7398 DOD, current US$ per US$ of GDP | 10 |
| 2010s | 0.2562 DOD, current US$ per US$ of GDP | 0.2239 DOD, current US$ per US$ of GDP | 0.3136 DOD, current US$ per US$ of GDP | 10 |
| 2020s | 0.2797 DOD, current US$ per US$ of GDP | 0.2706 DOD, current US$ per US$ of GDP | 0.2968 DOD, current US$ per US$ of GDP | 5 |
Countries ranked near Philippines
- 87 Mexico 0.323 DOD, current US$ per US$ of GDP compare
- 88 Peru 0.3197 DOD, current US$ per US$ of GDP compare
- 89 Indonesia 0.3016 DOD, current US$ per US$ of GDP compare
- 91 Cameroon 0.2959 DOD, current US$ per US$ of GDP compare
- 92 Bolivia 0.2864 DOD, current US$ per US$ of GDP compare
- 93 Vietnam 0.279 DOD, current US$ per US$ of GDP 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$), per unit of gdp in Philippines?
- External debt stocks, total (dod, current us$), per unit of gdp in Philippines was 0.2968 DOD, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), per unit of gdp recorded in Philippines?
- The highest recorded value was 0.8298 DOD, current US$ per US$ of GDP in 1986.
- What is the lowest external debt stocks, total (dod, current us$), per unit of gdp recorded in Philippines?
- The lowest recorded value was 0.2118 DOD, current US$ per US$ of GDP in 1974.
- How does Philippines rank for external debt stocks, total (dod, current us$), per unit of gdp?
- Philippines ranks 90th out of 122 countries with data for 2024.
- Is external debt stocks, total (dod, current us$), per unit of gdp rising or falling in Philippines?
- Over the last ten years it is up 12.2%. The long-run trend across the full record is falling.
- Where does this Philippines data come from?
- The figures come from Statizoid (derived), published as part of External debt stocks, total (DOD, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
External debt stocks, total (DOD, current US$) ÷ GDP (current US$)
Computed from
- External debt stocks, total International Debt Statistics, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
External debt stocks, total (DOD, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.