TOTAL EXTERNAL DEBT 1/ |
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as of periods indicated |
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in million US dollars |
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Mar |
Jun |
Sep |
Dec |
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2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
2024 |
2024 |
2024 |
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By Type of Debt |
77,474 |
74,763 |
73,098 |
78,960 |
83,618 |
98,488 |
106,428 |
111,268 |
125,394 |
128,692 |
130,182 |
139,643 |
137,628 |
Medium and Long-Term |
62,375 |
60,237 |
58,823 |
62,892 |
66,410 |
84,279 |
91,339 |
94,649 |
108,298 |
111,594 |
112,285 |
118,527 |
116,683 |
Short-Term |
15,099 |
14,526 |
14,275 |
16,068 |
17,208 |
14,209 |
15,090 |
16,619 |
17,096 |
17,098 |
17,897 |
21,116 |
20,945 |
Trade |
2,203 |
2,087 |
2,498 |
2,623 |
3,417 |
2,219 |
2,431 |
2,860 |
2,666 |
2,729 |
2,822 |
2,933 |
2,607 |
Non-Trade |
12,896 |
12,440 |
11,777 |
13,445 |
13,792 |
11,989 |
12,658 |
13,759 |
14,429 |
14,368 |
15,075 |
18,183 |
18,339 |
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By Borrower |
77,474 |
74,763 |
73,098 |
78,960 |
83,618 |
98,488 |
106,428 |
111,268 |
125,394 |
128,692 |
130,182 |
139,643 |
137,628 |
Banking System |
18,862 |
19,037 |
19,144 |
22,672 |
23,943 |
21,559 |
23,539 |
23,673 |
24,239 |
25,792 |
27,196 |
28,883 |
28,280 |
Bangko Sentral 2/ |
1,337 |
1,292 |
1,347 |
1,319 |
1,306 |
1,336 |
4,033 |
3,833 |
3,849 |
3,799 |
3,774 |
3,890 |
3,735 |
Banks |
17,525 |
17,745 |
17,797 |
21,353 |
22,637 |
20,224 |
19,506 |
19,840 |
20,391 |
21,993 |
23,423 |
24,993 |
24,545 |
Government Banks |
2,768 |
2,629 |
2,369 |
2,483 |
2,501 |
2,277 |
2,327 |
2,368 |
1,805 |
1,742 |
1,839 |
1,897 |
1,603 |
Private Banks |
14,756 |
15,116 |
15,428 |
18,870 |
20,136 |
17,947 |
17,179 |
17,472 |
18,585 |
20,251 |
21,583 |
23,096 |
22,942 |
Foreign Banks |
4,812 |
4,178 |
4,712 |
5,344 |
5,228 |
5,211 |
5,918 |
4,540 |
5,153 |
4,959 |
5,272 |
5,607 |
4,780 |
Domestic Banks |
9,944 |
10,938 |
10,716 |
13,527 |
14,908 |
12,736 |
11,261 |
12,932 |
13,432 |
15,292 |
16,312 |
17,489 |
18,162 |
Non-Banking System |
58,612 |
55,726 |
53,954 |
56,287 |
59,675 |
76,929 |
82,889 |
87,596 |
101,154 |
102,900 |
102,986 |
110,760 |
109,348 |
Public |
34,168 |
33,549 |
33,794 |
35,901 |
38,987 |
54,506 |
57,573 |
61,206 |
72,175 |
73,361 |
74,212 |
81,095 |
80,002 |
NG & Others |
34,168 |
33,549 |
33,794 |
35,901 |
38,987 |
54,506 |
57,573 |
61,206 |
72,175 |
73,361 |
74,212 |
81,095 |
80,002 |
CB -
BOL |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Private |
24,445 |
22,177 |
20,160 |
20,386 |
20,687 |
22,422 |
25,315 |
26,390 |
28,980 |
29,539 |
28,774 |
29,666 |
29,346 |
of which: Red Clause/Export
Advances |
104 |
97 |
129 |
180 |
5 |
5 |
119 |
247 |
252 |
238 |
250 |
260 |
262 |
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By Institutional Creditor |
77,474 |
74,763 |
73,098 |
78,960 |
83,618 |
98,488 |
106,428 |
111,268 |
125,394 |
128,692 |
130,182 |
139,643 |
137,628 |
Banks and Other Financial Institutions |
26,298 |
25,790 |
22,539 |
26,529 |
26,478 |
24,006 |
23,695 |
25,446 |
28,664 |
28,491 |
29,113 |
31,732 |
31,218 |
Suppliers |
3,183 |
2,520 |
3,071 |
3,015 |
4,187 |
3,136 |
3,687 |
3,994 |
4,328 |
4,446 |
4,583 |
4,837 |
4,525 |
Multilateral |
11,783 |
11,971 |
12,501 |
13,746 |
14,428 |
21,407 |
27,125 |
29,375 |
33,105 |
34,808 |
34,728 |
36,195 |
37,499 |
of which: |
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I B R D |
4,542 |
4,569 |
5,043 |
5,771 |
6,081 |
8,064 |
9,726 |
10,645 |
12,420 |
13,040 |
13,102 |
13,951 |
14,587 |
SDR Allocation |
1,165 |
1,121 |
1,190 |
1,162 |
1,154 |
1,208 |
3,913 |
3,721 |
3,751 |
3,702 |
3,678 |
3,792 |
3,646 |
A D B |
5,409 |
5,732 |
5,780 |
6,152 |
6,676 |
10,895 |
12,122 |
13,676 |
15,124 |
15,554 |
15,379 |
15,982 |
15,765 |
Bilateral |
11,711 |
10,916 |
11,260 |
10,931 |
10,964 |
12,752 |
12,508 |
12,835 |
15,196 |
15,881 |
15,408 |
16,238 |
16,619 |
Export Credit Agencies |
1,471 |
1,029 |
904 |
807 |
686 |
662 |
767 |
905 |
1,121 |
1,093 |
1,060 |
985 |
981 |
Others |
10,240 |
9,888 |
10,356 |
10,124 |
10,279 |
12,090 |
11,740 |
11,930 |
14,075 |
14,788 |
14,348 |
15,253 |
15,638 |
Bondholders/Noteholders 3/4/ |
22,989 |
21,930 |
21,779 |
22,684 |
25,449 |
35,028 |
36,940 |
36,817 |
40,946 |
42,241 |
43,376 |
47,612 |
45,109 |
Others |
1,510 |
1,636 |
1,949 |
2,054 |
2,112 |
2,160 |
2,474 |
2,802 |
3,154 |
2,825 |
2,974 |
3,028 |
2,659 |
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By Country Profile |
77,474 |
74,763 |
73,098 |
78,960 |
83,618 |
98,488 |
106,428 |
111,268 |
125,394 |
128,692 |
130,182 |
139,643 |
137,628 |
Country |
42,702 |
40,862 |
38,818 |
42,529 |
43,741 |
42,053 |
42,363 |
45,077 |
51,342 |
51,643 |
52,078 |
55,836 |
55,020 |
of which: |
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USA |
3,631 |
3,499 |
3,807 |
4,015 |
4,225 |
3,428 |
3,828 |
3,464 |
2,475 |
2,213 |
3,057 |
3,119 |
3,283 |
Japan |
12,296 |
12,134 |
12,989 |
14,396 |
14,607 |
15,903 |
14,572 |
14,723 |
15,554 |
15,206 |
14,246 |
15,383 |
15,179 |
UK |
4,217 |
4,098 |
1,918 |
3,186 |
3,495 |
3,347 |
2,827 |
3,234 |
4,180 |
4,557 |
4,169 |
4,510 |
3,946 |
France |
1,042 |
1,141 |
862 |
1,214 |
975 |
1,174 |
882 |
1,119 |
1,243 |
1,201 |
1,202 |
1,223 |
1,118 |
Germany |
1,837 |
1,584 |
1,524 |
1,554 |
2,033 |
1,147 |
1,001 |
1,114 |
1,451 |
1,311 |
1,503 |
1,602 |
1,952 |
Multilateral Agencies |
11,783 |
11,971 |
12,501 |
13,746 |
14,428 |
21,407 |
27,125 |
29,375 |
33,105 |
34,808 |
34,728 |
36,195 |
37,499 |
Bondholders/Noteholders |
22,989 |
21,930 |
21,779 |
22,684 |
25,449 |
35,028 |
36,940 |
36,817 |
40,946 |
42,241 |
43,376 |
47,612 |
45,109 |
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Note: Details may not add
up to total due to rounding |
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1/ Covers debt
owed to non-residents, with classification by borrower based on primary
obligor |
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per covering
loan/rescheduling agreement/document.
Data were revised in March 2015 to reflect the new reporting framework |
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in line with
the international standards under the latest External Debt Statistics Guide
and the International Monetary Fund's |
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Balance of
Payments and International Investment Position Manual, 6th edition. |
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Includes the following
accounts: |
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- Outstanding Hybrid Tier
1 capital of banks |
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Excludes residents'
holdings of Philippine debt securities issued offshore. |
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Includes the following
monitored private sector accounts |
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(1) Gross "Due to Head Office/Branches" |
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of Philippine branches of
foreign banks |
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and offshore banking
units |
3,550 |
3,123 |
3,614 |
4,215 |
3,802 |
3,597 |
3,913 |
2,803 |
2,665 |
2,596 |
2,904 |
2,801 |
2,412 |
(2) Private sector borrowings without BSP
approval/registration |
14,306 |
13,139 |
12,342 |
6,497 |
6,395 |
5,794 |
8,355 |
7,293 |
10,918 |
7,744 |
7,368 |
10,271 |
9,949 |
(3) Private sector obligations under capital lease
arrangements |
1,390 |
1,306 |
1,170 |
1,195 |
869 |
736 |
690 |
613 |
612 |
591 |
564 |
542 |
514 |
2/ Figures
pertain to accounts of the Bangko Sentral ng Pilipinas; includes accumulated
Special Drawing Rights (SDR) allocations from the IMF SDR Department |
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3/ Includes
outstanding Hybrid Tier 1 capital of banks but excludes residents' holdings
of Philippine debt securities issued offshore |
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4/ Includes
non-resident holdings of Philippine debt securities issued onshore starting
2023 |
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Source: International Operations Department |
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