Philippines—Total Debt Service (% of GNI)
Category: External DebtSource: World Bank World Development IndicatorsGlobal Rank: #68 of 119
Latest Value
3.5%
2024
YoY Change
+13.8%
2023 → 2024
Global Rank
#68
of 119 countries
Maximum
11.1%
2004
Minimum
2.1%
2013
CAGR
-3.3%
25 years
Last
3.5%
Previous
3.0%
Highest
11.1%
Lowest
2.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 3.5% | +13.8% |
| 2023 | 3.0% | +35.2% |
| 2022 | 2.2% | -24.5% |
| 2021 | 3.0% | +17.8% |
| 2020 | 2.5% | -0.8% |
| 2019 | 2.5% | -1.8% |
| 2018 | 2.6% | -22.0% |
| 2017 | 3.3% | +8.4% |
| 2016 | 3.1% | -33.2% |
| 2015 | 4.6% | +87.2% |
| 2014 | 2.5% | +18.8% |
| 2013 | 2.1% | -13.1% |
| 2012 | 2.4% | -44.9% |
| 2011 | 4.3% | -12.9% |
| 2010 | 4.9% | +8.0% |
| 2009 | 4.6% | -12.5% |
| 2008 | 5.2% | +7.2% |
| 2007 | 4.9% | -48.5% |
| 2006 | 9.5% | +17.3% |
| 2005 | 8.1% | -26.9% |
| 2004 | 11.1% | +3.2% |
| 2003 | 10.7% | -3.1% |
| 2002 | 11.1% | +2.0% |
| 2001 | 10.8% | +40.3% |
| 2000 | 7.7% |
Top Countries — Total Debt Service (% of GNI)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | El Salvador | 35.0% | 2024 |
| 2 | Mongolia | 25.7% | 2024 |
| 3 | Mozambique | 22.4% | 2024 |
| 4 | Lebanon | 22.0% | 2023 |
| 5 | Suriname | 20.5% | 2023 |
| 6 | Papua New Guinea | 19.7% | 2024 |
| 7 | Kazakhstan | 17.3% | 2024 |
| 8 | Zambia | 16.9% | 2024 |
| 9 | Georgia | 15.2% | 2024 |
| 10 | Montenegro | 15.0% | 2024 |
About This Indicator
Definition
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.
Methodology
Data compiled by International Debt Statistics, World Bank (WB).
Source: World Bank - World Development IndicatorsView original source →