03_Official bilateral loans, total in Philippines
Philippines: 03_Official bilateral loans, total was 9.93 billion in 2023. ▼ Falling
03_Official bilateral loans, total in Philippines, 1996–2023
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 162 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 28 years of available data.
03_Official bilateral loans, total in Philippines, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 9.47 billion | — |
| 1997 | 9.14 billion | -3.5% |
| 1998 | 8.86 billion | -3.1% |
| 1999 | 11.56 billion | +30.4% |
| 2000 | 10.74 billion | -7.1% |
| 2001 | 9.73 billion | -9.4% |
| 2002 | 10.96 billion | +12.6% |
| 2003 | 12.28 billion | +12.1% |
| 2004 | 12.77 billion | +3.9% |
| 2005 | 10.63 billion | -16.7% |
| 2006 | 9.71 billion | -8.7% |
| 2007 | 10.27 billion | +5.8% |
| 2008 | 13.36 billion | +30.2% |
| 2009 | 11.98 billion | -10.4% |
| 2010 | 13.27 billion | +10.8% |
| 2011 | 13.11 billion | -1.2% |
| 2012 | 11.11 billion | -15.2% |
| 2013 | 8.95 billion | -19.5% |
| 2014 | 7.75 billion | -13.4% |
| 2015 | 7.55 billion | -2.5% |
| 2016 | 7.54 billion | -0.1% |
| 2017 | 7.54 billion | -0.1% |
| 2018 | 7.60 billion | +0.8% |
| 2019 | 8.00 billion | +5.3% |
| 2020 | 11.86 billion | +48.2% |
| 2021 | 9.31 billion | -21.5% |
| 2022 | 9.14 billion | -1.8% |
| 2023 | 9.93 billion | +8.7% |
Philippines compared with similar countries
- Philippines's 9.93 billion is above the median for upper middle income countries, which is 616.50 million, 16.1× the median. (54 countries reporting)
- Philippines's 9.93 billion is above the median for East Asia & Pacific, which is 644.00 million, 15.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | 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
More reference data data for Philippines
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 2.21 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.95 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 12.86 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 1.43 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 12.86 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 7.4 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 10.7 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 15.23 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 67.05 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 7.76 (2050)
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 162 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.
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About this data
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.