Total Philippine External Debt by Creditor Country 1/                    
   As of 31 December 2024                     
   In million US dollars                    
Creditor/Country Grand
 Total
                 
  Short-Term   Medium- and Long- Term  
  Total Public Private   Total Public Private  
Grand Total 137,628 20,945 575 20,370 116,683 84,765 31,918 a/
A. Bilateral Creditors, Banks and Other Financial
     Institutions, Suppliers and Others
55,020   20,582 212 20,370 b/ 34,438 10,518 23,920 c/
Of which:                    
1. Japan 15,179   1,624 0 1,624   13,555 8,083 5,472  
2. Singapore 5,059   3,265   3,265   1,794   1,794  
3. Netherlands 4,548   1,161 46 1,115   3,387   3,387  
4. China 4,036   248 0 248   3,788 339 3,450  
5. United Kingdom 3,946   2,242 32 2,210   1,704   1,704  
6. Hong Kong 3,576   2,909 29 2,881   667   667  
7. United States of America 3,283   2,464 18 2,446   819 59 760  
8. Taiwan 3,002   844 0 844   2,158   2,158  
9. Germany, Federal Republic of 1,952   826 0 826   1,126 78 1,048  
10. Cayman Islands 1,409   104   104   1,305   1,305  
B. Multilateral 37,499   1   1   37,498 37,042 456  
1. A D B 15,765   1   1   15,764 15,675 89  
2. I B R D 14,587           14,587 14,587    
3. I M F - SDR Department 2/ 3,646           3,646 3,646    
4. A I I B 2,994           2,994 2,994    
5. I F C 366           366   366  
6. I F A D 105           105 105    
7. OPEC Special Fund 17           17 17    
8. I D A 9           9 9    
9. Others 9           9 8 1  
C. Bondholders/Noteholders 45,109 d/e/ 363 363   44,746 37,205 7,541  
                     
1/ Covers debt owed to non-residents, with classification by borrower based on primary obligor per covering
    loan/rescheduling agreement/document. Classification by creditor country is based on the location of the 
    creditor's head office.
 
2/ Based on the IMF's Articles of Agreement, all operations and transactions involving Special Drawing Rights (SDR)
    shall be conducted through the IMF's SDR Department. The IMF's SDR Department keeps  records of SDR allocations 
    to member and holdings of SDRs by members and prescribed holders.
 
a/ Includes US$9,949 million borrowings without BSP approval/registration and US$514 million obligations under capital
      lease agreements
 
b/ Includes ''Due to Head Office/Branches Abroad'' accounts of branches and offshore banking units of foreign banks
      operating in the Philippines amounting to US$2,319 million
 
c/ Includes ''Due to Head Office/Branches Abroad'' accounts of branches and offshore banking units of foreign banks
       operating in the Philippines amounting to US$93 million
 
d/ Excludes residents' holdings of Philippine debt securities issued offshore aggregating US$22,776 million  
e/ Includes non-resident holdings of Philippine debt securities issued onshore amounting to US$8,303 million  
                     
Note: Amounts may not add up due to rounding                    
   Zero (0) denotes amount is less than US$0.5 million                    
                     
Source: International Operations Department