Foreign liabilities in Philippines

Philippines: Foreign liabilities was 247.67 billion real chained 2019 US$ in 2020. ▲ Rising

Latest (2020)
247.67 billion real chained 2019 US$
Change on year
up 5.7%
World rank
48th
of 150 countries
All-time high
247.67 billion real chained 2019 US$
in 2020
All-time low
134.23 billion real chained 2019 US$
in 2005
Years of data
26
1995–2020

Foreign liabilities in Philippines, 1995–2020

050.0B100.0B150.0B200.0B250.0B1995200720201995: 148.3B real chained 2019 US$1996: 162.1B real chained 2019 US$1997: 154.1B real chained 2019 US$1998: 155.0B real chained 2019 US$1999: 160.6B real chained 2019 US$2000: 146.3B real chained 2019 US$2001: 139.0B real chained 2019 US$2002: 140.0B real chained 2019 US$2003: 144.3B real chained 2019 US$2004: 138.4B real chained 2019 US$2005: 134.2B real chained 2019 US$2006: 153.4B real chained 2019 US$2007: 177.0B real chained 2019 US$2008: 143.8B real chained 2019 US$2009: 146.9B real chained 2019 US$2010: 170.6B real chained 2019 US$2011: 172.1B real chained 2019 US$2012: 204.0B real chained 2019 US$2013: 201.5B real chained 2019 US$2014: 213.5B real chained 2019 US$2015: 205.9B real chained 2019 US$2016: 209.9B real chained 2019 US$2017: 231.0B real chained 2019 US$2018: 230.3B real chained 2019 US$2019: 234.4B real chained 2019 US$2020: 247.7B real chained 2019 US$

Source: World Bank. Measured in real chained 2019 US$.

Analysis

Philippines recorded 247.67 billion real chained 2019 US$ for foreign liabilities in 2020. That is the highest value across all 26 years on record.

Compared with earlier readings it is up 5.7% on the previous year and up 45.2% over ten years.

Over the whole period, foreign liabilities in Philippines peaked at 247.67 billion real chained 2019 US$ in 2020 and was at its lowest, 134.23 billion real chained 2019 US$, in 2005.

That places Philippines 48th out of 150 countries with data for 2020, putting it in the middle of the range.

The long-run direction has been consistently rising across the 26 years of available data.

Foreign liabilities in Philippines, year by year

Annual values for Foreign liabilities (real chained 2019 US$) in Philippines, 1995 to 2020.
Year real chained 2019 US$ Change
1995 148.33 billion real chained 2019 US$
1996 162.14 billion real chained 2019 US$ +9.3%
1997 154.11 billion real chained 2019 US$ -4.9%
1998 155.02 billion real chained 2019 US$ +0.6%
1999 160.59 billion real chained 2019 US$ +3.6%
2000 146.28 billion real chained 2019 US$ -8.9%
2001 138.98 billion real chained 2019 US$ -5.0%
2002 139.98 billion real chained 2019 US$ +0.7%
2003 144.31 billion real chained 2019 US$ +3.1%
2004 138.41 billion real chained 2019 US$ -4.1%
2005 134.23 billion real chained 2019 US$ -3.0%
2006 153.41 billion real chained 2019 US$ +14.3%
2007 176.98 billion real chained 2019 US$ +15.4%
2008 143.79 billion real chained 2019 US$ -18.8%
2009 146.86 billion real chained 2019 US$ +2.1%
2010 170.60 billion real chained 2019 US$ +16.2%
2011 172.07 billion real chained 2019 US$ +0.9%
2012 204.04 billion real chained 2019 US$ +18.6%
2013 201.52 billion real chained 2019 US$ -1.2%
2014 213.53 billion real chained 2019 US$ +6.0%
2015 205.85 billion real chained 2019 US$ -3.6%
2016 209.88 billion real chained 2019 US$ +2.0%
2017 231.00 billion real chained 2019 US$ +10.1%
2018 230.26 billion real chained 2019 US$ -0.3%
2019 234.38 billion real chained 2019 US$ +1.8%
2020 247.67 billion real chained 2019 US$ +5.7%

Philippines compared with similar countries

  • Philippines's 247.67 billion real chained 2019 US$ is above the median for upper middle income countries, which is 70.60 billion real chained 2019 US$, 3.5× the median. (43 countries reporting)
  • Philippines's 247.67 billion real chained 2019 US$ is below the median for East Asia & Pacific, which is 406.81 billion real chained 2019 US$, 61% of the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 156.04 billion real chained 2019 US$ 148.33 billion real chained 2019 US$ 162.14 billion real chained 2019 US$ 5
2000s 146.32 billion real chained 2019 US$ 134.23 billion real chained 2019 US$ 176.98 billion real chained 2019 US$ 10
2010s 207.31 billion real chained 2019 US$ 170.60 billion real chained 2019 US$ 234.38 billion real chained 2019 US$ 10
2020s 247.67 billion real chained 2019 US$ 247.67 billion real chained 2019 US$ 247.67 billion real chained 2019 US$ 1

Countries ranked near Philippines

  1. 45 Vietnam 313.59 billion real chained 2019 US$ compare
  2. 46 Malta 305.77 billion real chained 2019 US$ compare
  3. 47 Egypt 267.01 billion real chained 2019 US$ compare
  4. 49 Romania 231.19 billion real chained 2019 US$ compare
  5. 50 Peru 222.62 billion real chained 2019 US$ compare
  6. 51 Kazakhstan 218.44 billion real chained 2019 US$ compare

See the full ranking of 150 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is foreign liabilities in Philippines?
Foreign liabilities in Philippines was 247.67 billion real chained 2019 US$ in 2020, according to the World Bank.
What is the highest foreign liabilities recorded in Philippines?
The highest recorded value was 247.67 billion real chained 2019 US$ in 2020.
What is the lowest foreign liabilities recorded in Philippines?
The lowest recorded value was 134.23 billion real chained 2019 US$ in 2005.
How does Philippines rank for foreign liabilities?
Philippines ranks 48th out of 150 countries with data for 2020.
Is foreign liabilities rising or falling in Philippines?
Over the last ten years it is up 45.2%. The long-run trend across the full record is rising.
Where does this Philippines data come from?
The figures come from the World Bank, published as part of Foreign liabilities (real chained 2019 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Foreign liabilities (real chained 2019 US$)
Unit
real chained 2019 US$
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
150 places, 3,820 data points, 1995–2020
Last refreshed