External Debt in Philippines increased to 106428.26 USD Million in 2021 from 98488.01 USD Million in 2020. source: Bangko Sentral Ng Pilipinas

External Debt in Philippines averaged 53346.86 USD Million from 1981 until 2021, reaching an all time high of 106428.26 USD Million in 2021 and a record low of 20893 USD Million in 1981. This page provides - Philippines External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Total Gross External Debt - values, historical data and charts - was last updated on February of 2023.

External Debt in Philippines is expected to reach 1050000.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Total Gross External Debt is projected to trend around 980000.00 USD Million in 2023, according to our econometric models.

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Philippines Total Gross External Debt

Related Last Previous Unit Reference
Current Account -1034.15 -2591.68 USD Million Sep 2022
Current Account to GDP -1.80 3.20 percent of GDP Dec 2021
External Debt 106428.26 98488.01 USD Million Dec 2021
Capital Flows 5.99 6.20 USD Million Sep 2022
Remittances 2643861.00 2910946.00 USD Thousand Nov 2022
Foreign Direct Investment 923.00 626.00 USD Million Oct 2022

Philippines Total Gross External Debt
In Philippines, external debt is a part of the total debt that is owed to creditors outside the country..
Actual Previous Highest Lowest Dates Unit Frequency
106428.26 98488.01 106428.26 20893.00 1981 - 2021 USD Million Yearly
Current Prices, NSA