Philippines - External Debt to GNI 2024
26.26%
+0.59pp from 2023
Philippines's external debt to gni was 26.26% in 2024, increased +0.59pp from 25.67% in 2023. This was the 22nd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Iran, Islamic Republic of | 2.21% | -9.8% |
| 2nd | Algeria | 2.67% | -11.0% |
| 3rd | Haiti | 3.74% | -76.4% |
| 4th | Turkmenistan | 5.22% | -19.9% |
| 5th | Iraq | 6.23% | -17.3% |
| 6th | Botswana | 11.93% | 6.1% |
| 7th | China | 13.00% | -3.7% |
| 8th | Somalia, Fed. Rep. | 14.92% | -47.3% |
| 9th | Myanmar | 15.28% | -17.7% |
| 10th | Timor-Leste | 15.37% | 22.4% |
| 11th | Chad | 16.40% | -2.8% |
| 12th | Azerbaijan | 17.04% | -21.2% |
| 13th | Congo, Democratic Republic of | 18.25% | -1.3% |
| 14th | India | 18.58% | 3.0% |
| 15th | Bangladesh | 22.25% | -0.1% |
| 16th | Guyana | 22.64% | 3.5% |
| 17th | Guinea | 23.20% | -8.0% |
| 18th | Nepal | 23.27% | -3.2% |
| 19th | Guatemala | 24.24% | -3.2% |
| 20th | Comoros | 24.81% | -6.5% |
| 21st | Mali | 24.94% | -8.7% |
| 22nd | Philippines | 26.26% | 2.3% |
| 23rd | Niger | 27.51% | -19.1% |
| 24th | Eswatini | 27.75% | -2.9% |
| 25th | Brazil | 28.66% | 0.1% |
| 26th | Viet Nam | 28.85% | -16.3% |
| 27th | Indonesia | 30.97% | 3.5% |
| 28th | Sierra Leone | 31.13% | -17.7% |
| 29th | Cameroon | 31.29% | -1.9% |
| 30th | Bolivia, Plurinational State of | 32.54% | -12.5% |
| 31st | Mexico | 32.89% | -3.5% |
| 32nd | Zimbabwe | 32.98% | -21.1% |
| 33rd | Solomon Islands | 33.83% | 8.0% |
| 34th | Peru | 34.23% | -8.0% |
| 35th | Kenya | 34.99% | -13.4% |
| 36th | Malawi | 35.25% | 20.8% |
| 37th | Pakistan | 35.63% | -9.7% |
| 38th | Central African Republic | 35.85% | -10.4% |
| 39th | Gabon | 35.95% | -12.6% |
| 40th | Tajikistan | 37.39% | -13.3% |
| 41st | Thailand | 37.49% | -3.1% |
| 42nd | Samoa | 37.56% | -19.7% |
| 43rd | Kosovo | 38.61% | -2.7% |
| 44th | Argentina | 39.06% | -2.2% |
| 45th | Vanuatu | 39.16% | 6.6% |
| 46th | Madagascar | 39.21% | -5.3% |
| 47th | Uganda | 39.22% | -8.1% |
| 48th | Türkiye | 39.39% | -12.8% |
| 49th | Albania | 39.72% | -18.4% |
| 50th | Honduras | 41.82% | 2.6% |
| 51st | Mauritania | 41.83% | -2.8% |
| 52nd | Papua New Guinea | 41.89% | -22.8% |
| 53rd | Egypt, Arab Republic of | 41.98% | -5.5% |
| 54th | São Tomé and Principe | 42.75% | -8.0% |
| 55th | Togo | 43.16% | 15.3% |
| 56th | Morocco | 44.72% | -8.6% |
| 57th | South Africa | 44.83% | 1.5% |
| 58th | Congo, Republic of | 44.90% | -4.9% |
| 59th | Dominican Republic | 45.33% | -0.1% |
| 60th | Sudan | 45.40% | -21.7% |
| 61st | Belize | 46.04% | -10.4% |
| 62nd | Cambodia | 46.11% | -15.3% |
| 63rd | Belarus | 46.15% | -12.0% |
| 64th | Ghana | 46.92% | -15.2% |
| 65th | Burundi | 47.13% | 20.7% |
| 66th | Tanzania | 47.32% | 6.1% |
| 67th | Burkina Faso | 48.76% | -9.3% |
| 68th | Côte d'Ivoire | 48.83% | 2.8% |
| 69th | Bosnia and Herzegovina | 49.16% | -2.8% |
| 70th | Colombia | 49.20% | -10.5% |
| 71st | Ecuador | 49.75% | -4.5% |
| 72nd | Liberia | 50.46% | -1.3% |
| 73rd | St. Lucia | 51.31% | 5.4% |
| 74th | Moldova | 57.15% | -9.0% |
| 75th | Sri Lanka | 58.89% | -21.0% |
| 76th | Nigeria | 60.04% | 106.8% |
| 77th | Uzbekistan | 60.51% | 1.9% |
| 78th | Serbia | 62.25% | -4.5% |
| 79th | Kazakhstan | 62.60% | -14.1% |
| 80th | Lesotho | 65.35% | -5.2% |
| 81st | Armenia | 65.99% | -2.4% |
| 82nd | Gambia, The | 66.36% | 18.9% |
| 83rd | Benin | 66.55% | 3.3% |
| 84th | Guinea-Bissau | 67.11% | -1.4% |
| 85th | Grenada | 68.59% | -7.8% |
| 86th | Kyrgyz Republic | 69.24% | 2.1% |
| 87th | Paraguay | 69.74% | 8.9% |
| 88th | St. Vincent and the Grenadines | 70.31% | 8.2% |
| 89th | Fiji | 71.39% | 9.4% |
| 90th | El Salvador | 75.39% | 4.6% |
| 91st | Maldives | 75.56% | 10.2% |
| 92nd | Jamaica | 76.07% | -5.5% |
| 93rd | Tunisia | 77.70% | -13.9% |
| 94th | Angola | 79.57% | 6.7% |
| 95th | Georgia | 79.68% | -6.2% |
| 96th | North Macedonia | 81.15% | -3.0% |
| 97th | Dominica | 82.36% | -8.4% |
| 98th | Nicaragua | 82.81% | -8.3% |
| 99th | Djibouti | 83.83% | -1.7% |
| 100th | Cabo Verde | 86.89% | -11.5% |
| 101st | Jordan | 90.13% | 2.6% |
| 102nd | Rwanda | 93.88% | 15.9% |
| 103rd | Ukraine | 101.27% | 5.4% |
| 104th | Montenegro | 108.64% | -4.7% |
| 105th | Zambia | 114.20% | 3.2% |
| 106th | Lao PDR | 115.40% | -6.1% |
| 107th | Mauritius | 123.17% | -0.3% |
| 108th | Senegal | 150.69% | -1.7% |
| 109th | Mongolia | 181.86% | -6.1% |
| 110th | Mozambique | 350.57% | -1.3% |
FAQ
What was Philippines's external debt to gni in 2024?▾
Philippines's external debt to gni in 2024 was 26.26%. This ranked 22nd globally.
How did Philippines's external debt to gni change in 2024?▾
Philippines's external debt to gni increased by 2.3% in 2024 compared to 2023.
Which country had the highest external debt to gni in 2024?▾
Mozambique had the highest external debt to gni in 2024 at 350.57%.
What is the external debt to gni of Philippines in 2024?▾
The external debt to gni of Philippines in 2024 was 26.26%. This ranked 22nd globally.
How does 2024 compare to 2023 for Philippines's external debt to gni?▾
Philippines's external debt to gni went from 25.67% in 2023 to 26.26% in 2024, a 2.3% increase.
Related
2023
2025
All years
Full ranking 2024
External Debt
Short-term Debt
Debt Service
Domestic Credit
Interest Payments to Revenue
Peak: 1986
Lowest: 2017
External Debt to GNI 1990s
External Debt to GNI 2000s
External Debt to GNI 2010s
External Debt to GNI 2020s
Highest ever
Lowest ever
Average
vs Bhutan
vs Djibouti
vs Eswatini
vs Sri Lanka
ASEAN External Debt to GNI
Global Ranking