Philippines Interest Payments to Revenue
Interest payments as % of revenue GC.XPN.INTP.RV.ZS
Philippines's interest payments to revenue was 18.24% in 2025, ranked 17th globally. This represents a 11.0% increase from 2024. Data from World Bank, covering 1990–2025.
Overview
Philippines's interest payments to revenue stood at 18.24% in 2025, a rise of +1.80pp from 2023. Based on recent trends, this figure is projected to reach 18.24% by 2025. Philippines ranked 17th globally.
The Philippines' interest payments to revenue ratio has exhibited significant fluctuations over the past three and a half decades. At its peak in 1990, this ratio reached a staggering 40.24%, indicating the country's substantial debt burden. Conversely, a notable trough occurred in 2019, with the ratio decreasing to 11.51%. As of 2025, the Philippines ranks 17th globally, with a ratio of 18.24%, surpassing the Dominican Republic but lagging behind South Africa. This ratio remains a concern, as a high percentage suggests that a substantial portion of the country's revenue is dedicated to servicing debt. The Philippines' interest payments to revenue ratio has shown an improvement since 1990, but the country still faces challenges in managing its debt. A sustained reduction in interest rates or a decrease in the national debt could potentially shift the trajectory of this ratio and improve the country's fiscal situation.
Data & projection
| Year | Interest Payments to Revenue | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 19.31% | - | - |
| 2025* trend | 18.24% | - | - |
| 2025 | 18.24% | +1.80pp | #17 |
| 2023 | 16.43% | +2.25pp | #83 |
| 2022 | 14.19% | −0.10pp | #93 |
| 2021 | 14.29% | +0.97pp | #104 |
| 2020 | 13.32% | +1.82pp | #108 |
| 2019 | 11.51% | −0.81pp | #104 |
| 2018 | 12.32% | −0.24pp | #107 |
| 2017 | 12.56% | −1.47pp | #118 |
| 2016 | 14.03% | −1.29pp | #124 |
| 2015 | 15.33% | −1.67pp | #130 |
| 2014 | 16.99% | −1.96pp | #127 |
| 2013 | 18.95% | −1.78pp | #119 |
| 2012 | 20.73% | −0.09pp | #124 |
| 2011 | 20.82% | −4.25pp | #120 |
| 2010 | 25.07% | −0.65pp | #120 |
Detected Pattern
Analysis
Philippines matched the Export Boom Cycle pattern in 2012. Historically, 71% of countries showing this pattern (546 out of 768) saw interest payments to revenue improve within 24 months. View full analysis →
Frequently Asked Questions
Philippines's interest payments to revenue was 18.24% in 2025. Ranked 17th globally. This represents a 11.0% increase from the previous year.
Philippines's interest payments to revenue peaked at 40.24% in 1990.
The lowest interest payments to revenue in Philippines was 11.51% in 2019.
Philippines ranks 17th globally in interest payments to revenue as of 2025.
The World Bank indicator code is GC.XPN.INTP.RV.ZS. Data sourced from World Bank.
Philippines's interest payments to revenue is projected to reach 18.24% by 2025 based on trend extrapolation.
The interest payments to revenue of Philippines in 2025 was 18.24%. This ranks 17th in the world.
Cite this page
@misc{historysaid_philippines_interest-to-revenue,
title = {Philippines Interest Payments to Revenue},
url = {https://historysaid.com/philippines/interest-to-revenue/},
publisher = {HistorySaid},
year = {2026}
}