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Philippines - Debt Service 1988

Total debt service as % of exports · World Bank
31.92% −4.88% from 1987 Global rank: 57th

Philippines's debt service was 31.92% in 1988, decreased +4.88% from 36.80% in 1987. This was the 57th highest globally.

Global Ranking - 1988▾
Debt Service by Country - 1988
RankCountryValueYoY
1st St. Lucia 1.43% 0.8%
2nd Comoros 2.58% -55.9%
3rd St. Vincent and the Grenadines 2.87% -12.0%
4th Vanuatu 3.01% -29.0%
5th Tonga 4.18% 15.1%
6th Chad 4.24% 2.9%
7th Botswana 4.24% 9.6%
8th Lesotho 5.07% 44.0%
9th Iran, Islamic Republic of 5.60% 57.9%
10th Eswatini 5.78% -34.4%
11th Solomon Islands 6.69% -33.4%
12th Maldives 7.47% 14.8%
13th Grenada 8.09% 11.8%
14th Belize 8.29% -13.5%
15th Dominica 8.57% -27.8%
16th Benin 9.15% 3.3%
17th Somalia, Fed. Rep. 9.21% -76.7%
18th Gabon 9.37% 36.6%
19th China 9.63% 0.4%
20th Peru 9.68% -29.2%
21st Fiji 10.14% -14.1%
22nd Nepal 11.05% 22.8%
23rd Sierra Leone 11.81% 31.6%
24th Rwanda 12.99% -2.8%
25th Nicaragua 13.32% -41.0%
26th Lao PDR 13.55% 17.4%
27th Burkina Faso 13.65% 9.0%
28th Central African Republic 13.78% -2.0%
29th Mauritius 14.15% 36.0%
30th Zambia 15.10% -20.5%
31st Gambia, The 15.63% -23.5%
32nd Cabo Verde 17.03% 5.0%
33rd Dominican Republic 18.07% -9.0%
34th Samoa 18.94% -24.8%
35th Thailand 20.20% -7.9%
36th São Tomé and Principe 21.37% -45.5%
37th El Salvador 21.80% -22.9%
38th Guinea 22.14% -18.7%
39th Bulgaria 22.17% 28.9%
40th Haiti 22.72% 12.3%
41st Togo 23.42% 38.4%
42nd Mali 24.35% 19.7%
43rd Tunisia 24.61% -25.2%
44th Sri Lanka 25.90% -6.8%
45th Paraguay 26.57% -11.1%
46th Mozambique 27.08% 15.2%
47th Mauritania 27.83% 2.1%
48th Zimbabwe 28.53% -11.8%
49th Papua New Guinea 29.03% 14.2%
50th Cameroon 29.10% -5.5%
51st Guatemala 29.22% -7.4%
52nd Sudan 29.86% 41.5%
53rd Nigeria 30.37% 114.9%
54th Bangladesh 30.65% -17.8%
55th Malawi 30.89% -17.5%
56th India 31.45% -5.7%
57th Philippines 31.92% -13.3%
58th Tanzania 31.92% -18.5%
59th Egypt, Arab Republic of 32.10% 40.0%
60th Morocco 32.36% -23.7%
61st Côte d'Ivoire 32.39% -15.7%
62nd Burundi 33.29% -19.5%
63rd Senegal 33.44% -2.9%
64th Pakistan 34.56% -3.7%
65th Niger 34.94% 18.4%
66th Honduras 37.08% 0.4%
67th Mexico 38.91% 13.9%
68th Kenya 38.99% -2.0%
69th Ecuador 40.07% 17.1%
70th Indonesia 40.44% 8.8%
71st Jordan 41.60% 24.7%
72nd Jamaica 41.65% -9.5%
73rd Türkiye 41.92% 1.7%
74th Argentina 44.50% -40.3%
75th Brazil 45.93% 9.8%
76th Congo, Republic of 46.07% 2.3%
77th Colombia 47.60% 18.7%
78th Madagascar 52.52% -7.5%
79th Bolivia, Plurinational State of 54.93% 60.0%
80th Ghana 56.92% 24.3%
81st Myanmar 58.93% -17.7%
82nd Guinea-Bissau 61.05% -12.5%
83rd Uganda 75.68% 57.9%
84th Algeria 80.26% 42.8%

FAQ

What was Philippines's debt service in 1988?▾

Philippines's debt service in 1988 was 31.92%. This ranked 57th globally.

How did Philippines's debt service change in 1988?▾

Philippines's debt service decreased by 13.3% in 1988 compared to 1987.

Which country had the highest debt service in 1988?▾

Algeria had the highest debt service in 1988 at 80.26%.

What is the debt service of Philippines in 1988?▾

The debt service of Philippines in 1988 was 31.92%. This ranked 57th globally.

How does 1988 compare to 1987 for Philippines's debt service?▾

Philippines's debt service went from 36.80% in 1987 to 31.92% in 1988, a 13.3% decrease.

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