External debt stocks, total (DOD, current US$) in Philippines
Philippines: External debt stocks, total (DOD, current US$) was 147.18 billion DOD, current US$ in 2025. ◆ Volatile
Latest (2025)
147.18 billion DOD, current US$
Change on year
up 7.6%
World rank
15th
of 123 countries
All-time high
147.18 billion DOD, current US$
in 2025
All-time low
2.20 billion DOD, current US$
in 1970
Years of data
56
1970–2025
External debt stocks, total in Philippines, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2025, external debt stocks, total in Philippines stood at 147.18 billion DOD, current US$. That is the highest value across all 56 years on record.
The figure is up 7.6% on the previous year and up 84.7% over ten years.
Over the whole period, external debt stocks, total in Philippines peaked at 147.18 billion DOD, current US$ in 2025 and was at its lowest, 2.20 billion DOD, current US$, in 1970.
That places Philippines 15th out of 123 countries with data for 2025, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total (DOD, current US$) in Philippines, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 2.20 billion DOD, current US$ | — |
| 1971 | 2.42 billion DOD, current US$ | +10.2% |
| 1972 | 2.67 billion DOD, current US$ | +10.4% |
| 1973 | 2.76 billion DOD, current US$ | +3.4% |
| 1974 | 3.31 billion DOD, current US$ | +19.7% |
| 1975 | 4.17 billion DOD, current US$ | +26.2% |
| 1976 | 6.04 billion DOD, current US$ | +44.8% |
| 1977 | 8.18 billion DOD, current US$ | +35.5% |
| 1978 | 10.77 billion DOD, current US$ | +31.6% |
| 1979 | 13.28 billion DOD, current US$ | +23.3% |
| 1980 | 17.42 billion DOD, current US$ | +31.1% |
| 1981 | 20.79 billion DOD, current US$ | +19.3% |
| 1982 | 24.41 billion DOD, current US$ | +17.4% |
| 1983 | 24.21 billion DOD, current US$ | -0.8% |
| 1984 | 24.36 billion DOD, current US$ | +0.6% |
| 1985 | 26.64 billion DOD, current US$ | +9.4% |
| 1986 | 28.20 billion DOD, current US$ | +5.9% |
| 1987 | 29.78 billion DOD, current US$ | +5.6% |
| 1988 | 28.93 billion DOD, current US$ | -2.9% |
| 1989 | 28.65 billion DOD, current US$ | -1.0% |
| 1990 | 30.58 billion DOD, current US$ | +6.7% |
| 1991 | 32.49 billion DOD, current US$ | +6.3% |
| 1992 | 33.22 billion DOD, current US$ | +2.2% |
| 1993 | 36.14 billion DOD, current US$ | +8.8% |
| 1994 | 40.25 billion DOD, current US$ | +11.4% |
| 1995 | 39.37 billion DOD, current US$ | -2.2% |
| 1996 | 43.99 billion DOD, current US$ | +11.7% |
| 1997 | 50.70 billion DOD, current US$ | +15.2% |
| 1998 | 53.59 billion DOD, current US$ | +5.7% |
| 1999 | 58.47 billion DOD, current US$ | +9.1% |
| 2000 | 58.44 billion DOD, current US$ | -0.0% |
| 2001 | 58.39 billion DOD, current US$ | -0.1% |
| 2002 | 60.05 billion DOD, current US$ | +2.8% |
| 2003 | 62.74 billion DOD, current US$ | +4.5% |
| 2004 | 61.12 billion DOD, current US$ | -2.6% |
| 2005 | 58.67 billion DOD, current US$ | -4.0% |
| 2006 | 57.59 billion DOD, current US$ | -1.8% |
| 2007 | 59.17 billion DOD, current US$ | +2.7% |
| 2008 | 58.26 billion DOD, current US$ | -1.5% |
| 2009 | 55.97 billion DOD, current US$ | -3.9% |
| 2010 | 65.35 billion DOD, current US$ | +16.7% |
| 2011 | 65.77 billion DOD, current US$ | +0.6% |
| 2012 | 68.07 billion DOD, current US$ | +3.5% |
| 2013 | 76.73 billion DOD, current US$ | +12.7% |
| 2014 | 78.70 billion DOD, current US$ | +2.6% |
| 2015 | 79.70 billion DOD, current US$ | +1.3% |
| 2016 | 75.28 billion DOD, current US$ | -5.5% |
| 2017 | 73.60 billion DOD, current US$ | -2.2% |
| 2018 | 79.21 billion DOD, current US$ | +7.6% |
| 2019 | 84.35 billion DOD, current US$ | +6.5% |
| 2020 | 98.48 billion DOD, current US$ | +16.7% |
| 2021 | 106.61 billion DOD, current US$ | +8.3% |
| 2022 | 110.74 billion DOD, current US$ | +3.9% |
| 2023 | 124.48 billion DOD, current US$ | +12.4% |
| 2024 | 136.77 billion DOD, current US$ | +9.9% |
| 2025 | 147.18 billion DOD, current US$ | +7.6% |
Philippines compared with similar countries
- Philippines's 147.18 billion DOD, current US$ is above the median for upper middle income countries, which is 18.73 billion DOD, current US$, 7.9× the median. (53 countries reporting)
- Philippines's 147.18 billion DOD, current US$ is above the median for East Asia & Pacific, which is 15.83 billion DOD, current US$, 9.3× the median. (16 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.58 billion DOD, current US$ | 2.20 billion DOD, current US$ | 13.28 billion DOD, current US$ | 10 |
| 1980s | 25.34 billion DOD, current US$ | 17.42 billion DOD, current US$ | 29.78 billion DOD, current US$ | 10 |
| 1990s | 41.88 billion DOD, current US$ | 30.58 billion DOD, current US$ | 58.47 billion DOD, current US$ | 10 |
| 2000s | 59.04 billion DOD, current US$ | 55.97 billion DOD, current US$ | 62.74 billion DOD, current US$ | 10 |
| 2010s | 74.68 billion DOD, current US$ | 65.35 billion DOD, current US$ | 84.35 billion DOD, current US$ | 10 |
| 2020s | 120.71 billion DOD, current US$ | 98.48 billion DOD, current US$ | 147.18 billion DOD, current US$ | 6 |
Countries ranked near Philippines
- 12 South Africa 206.34 billion DOD, current US$ compare
- 13 Kazakhstan 183.10 billion DOD, current US$ compare
- 14 Egypt 164.27 billion DOD, current US$ compare
- 16 Nigeria 145.01 billion DOD, current US$ compare
- 17 Pakistan 135.11 billion DOD, current US$ compare
- 18 Vietnam 131.78 billion DOD, current US$ compare
More economy & growth data for Philippines
- Real gdp growth, annual growth rate -22.65 % change on previous year (2025)
- 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)
Frequently asked questions
- What is external debt stocks, total in Philippines?
- External debt stocks, total in Philippines was 147.18 billion DOD, current US$ in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Philippines?
- The highest recorded value was 147.18 billion DOD, current US$ in 2025.
- What is the lowest external debt stocks, total recorded in Philippines?
- The lowest recorded value was 2.20 billion DOD, current US$ in 1970.
- How does Philippines rank for external debt stocks, total?
- Philippines ranks 15th out of 123 countries with data for 2025.
- Is external debt stocks, total rising or falling in Philippines?
- Over the last ten years it is up 84.7%. 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, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.