External debt stocks, total in Philippines
Philippines: External debt stocks, total was 137.02 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, total in Philippines, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
In 2024, external debt stocks, total in Philippines stood at 137.02 billion DOD, current US$. That is the highest value across all 55 years on record.
The figure is up 10.1% on the previous year and up 74.1% over ten years.
Over the whole period, external debt stocks, total in Philippines peaked at 137.02 billion DOD, current US$ in 2024 and was at its lowest, 2.20 billion DOD, current US$, in 1970.
That places Philippines 15th out of 120 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.58 billion DOD, current US$ | 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$ | 65.34 billion DOD, current US$ | 84.37 billion DOD, current US$ | 10 |
| 2020s | 115.48 billion DOD, current US$ | 98.50 billion DOD, current US$ | 137.02 billion DOD, current US$ | 5 |
Countries ranked near Philippines
- 12 South Africa 175.90 billion DOD, current US$ compare
- 13 Kazakhstan 167.53 billion DOD, current US$ compare
- 14 Egypt 155.97 billion DOD, current US$ compare
- 16 Vietnam 132.91 billion DOD, current US$ compare
- 17 Pakistan 129.72 billion DOD, current US$ compare
- 18 Nigeria 108.76 billion DOD, current US$ compare
More economy & growth data for Philippines
- External balance on goods and services as a percent of GDP -13.7% (2025)
- Inflation of consumer prices 1.7% (2025)
- GDP per capita 4,066 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 15.3% (2025)
- Gross domestic product (GDP) 474.84 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,066 constant 2015 US$ (2025)
- DEC alternative conversion factor 57.51 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.79 trillion current LCU (2024)
- Net secondary income (Net current transfers from abroad) 31.17 billion current US$ (2024)
- Net primary income (Net income from abroad) 4.19 trillion current LCU (2025)
Frequently asked questions
- What is external debt stocks, total in Philippines?
- External debt stocks, total in Philippines was 137.02 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Philippines?
- The highest recorded value was 137.02 billion DOD, current US$ in 2024.
- 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 120 countries with data for 2024.
- Is external debt stocks, total rising or falling in Philippines?
- Over the last ten years it is up 74.1%. 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.