Philippines external debt

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Philippines external debt: 125393.69 (12.7%)
Last Update: December 31, 2023

Philippines external debt closed down 125393.69 as of December 31, 2023 from 111268.17 from the previous month and 75569.44 from last year.


Philippines external debt Analytics & Data




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Philippines external debt

DateValues
2023-12-31 125393.69
2022-12-31 111268.17
2021-12-31 106428.26
2020-12-31 98488.01
2019-12-31 83617.93
2018-12-31 78959.57
2017-12-31 73097.87
2016-12-31 76621.97
2015-12-31 77474.07
2014-12-31 77673.71
2013-12-31 78489.02
2012-12-31 79949.42
2011-12-31 75569.44
2010-12-31 73593.82
2009-12-31 64738.42
2008-12-31 65227.99
2007-12-31 66508.29
2006-12-31 61372.42
2005-12-31 61554.93
2004-12-31 55027
2003-12-31 57567
2002-12-31 53802
2001-12-31 52047
2000-12-31 51358

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Philippines external debt Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
external debtph.externaldebt125393.691112681366UPUP02023-12-31

Philippines external debt Factors

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Philippines external debt Historical Data

The MacroVar database offers free access to historical data for the Philippines external debt, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Philippines external debt data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Philippines external debt

The Philippines external debt refers to the amount of money that the country owes to foreign creditors, including other governments, international organizations, and private lenders. This debt is incurred through borrowing to finance various aspects of the country's economy, such as infrastructure projects, social programs, and budget deficits. The level of external debt is an important indicator of a country's financial health and ability to repay its obligations. The Philippines has actively managed its external debt in recent years, working to reduce its reliance on foreign borrowing and improve its creditworthiness in the global financial market. Despite these efforts, the country still faces challenges in managing its debt burden and ensuring sustainable economic growth.

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