03_Official bilateral loans, total in Philippines

Philippines: 03_Official bilateral loans, total was 9.93 billion in 2023. ▼ Falling

Latest (2023)
9.93 billion
Change on year
up 8.7%
World rank
5th
of 160 countries
All-time high
13.36 billion
in 2008
All-time low
7.54 billion
in 2017
Years of data
28
1996–2023

03_Official bilateral loans, total in Philippines, 1996–2023

05.0B10.0B15.0B1996200920231996: 9.5B1997: 9.1B1998: 8.9B1999: 11.6B2000: 10.7B2001: 9.7B2002: 11.0B2003: 12.3B2004: 12.8B2005: 10.6B2006: 9.7B2007: 10.3B2008: 13.4B2009: 12.0B2010: 13.3B2011: 13.1B2012: 11.1B2013: 9.0B2014: 7.7B2015: 7.6B2016: 7.5B2017: 7.5B2018: 7.6B2019: 8.0B2020: 11.9B2021: 9.3B2022: 9.1B2023: 9.9B

Source: OECD.

Analysis

Philippines recorded 9.93 billion for 03_official bilateral loans, total in 2023.

The figure is up 8.7% on the previous year and up 11.0% over ten years.

Over the whole period, 03_official bilateral loans, total in Philippines peaked at 13.36 billion in 2008 and was at its lowest, 7.54 billion, in 2017.

Philippines ranks 5th of 160 countries on this measure, in the top 10%.

The long-run direction has been consistently falling across the 28 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 9.76 billion 8.86 billion 11.56 billion 4
2000s 11.24 billion 9.71 billion 13.36 billion 10
2010s 9.24 billion 7.54 billion 13.27 billion 10
2020s 10.06 billion 9.14 billion 11.86 billion 4

Countries ranked near Philippines

  1. 2 Indonesia 14.79 billion compare
  2. 3 Vietnam 14.55 billion compare
  3. 4 Bangladesh 13.37 billion compare
  4. 6 China 9.43 billion compare
  5. 7 Egypt 7.46 billion compare
  6. 8 Morocco 7.32 billion compare

See the full ranking of 162 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is 03_official bilateral loans, total in Philippines?
03_official bilateral loans, total in Philippines was 9.93 billion in 2023, according to OECD.
What is the highest 03_official bilateral loans, total recorded in Philippines?
The highest recorded value was 13.36 billion in 2008.
What is the lowest 03_official bilateral loans, total recorded in Philippines?
The lowest recorded value was 7.54 billion in 2017.
How does Philippines rank for 03_official bilateral loans, total?
Philippines ranks 5th out of 160 countries with data for 2023.
Is 03_official bilateral loans, total rising or falling in Philippines?
Over the last ten years it is up 11.0%. The long-run trend across the full record is falling.
Where does this Philippines data come from?
The figures come from OECD, published as part of 03_Official bilateral loans, total. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
03_Official bilateral loans, total
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 3,734 data points, 1996–2023
Last refreshed

The data show the outstanding debt on loans, other than direct export credits, extended by governments which are members of the OECD’s Development Assistance Committee (DAC). In addition to straightforward loans, official bilateral loans include loans repayable in kind, and eligible loans in Associated Financing packages.