Philippines External Debt 1970-2025

Philippines external debt for 2022 was 111.22 billion US dollars, a 4.48% increase from 2021.
  • Philippines external debt for 2021 was 106.45 billion US dollars, a 8.07% increase from 2020.
  • Philippines external debt for 2020 was 98.50 billion US dollars, a 17.76% increase from 2019.
  • Philippines external debt for 2019 was 83.64 billion US dollars, a 5.89% increase from 2018.
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.