Philippines: Net financial flows, others (NFL, current US$)

Key figures

What the numbers say

In 2024, Philippines' net financial flows, others (NFL, current US$) rose US$1.2 million on 2023 (from −US$7.51 million to −US$6.31 million).

Across the 30 yearly changes before that (1994 to 2023), the average change was −US$463,439 and a typical year strayed about US$12.81 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was US$28.42 million in 2016 and the biggest yearly fall was US$23.27 million in 1984. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 6% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Philippines had the 80th highest value of the 111 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Philippines in the 2024 ranking

• Haiti — 76th of 111: −US$3.77 million
• Eswatini — 77th of 111: −US$3.9 million
• Cabo Verde — 78th of 111: −US$5.23 million
• Dominica — 80th of 111: −US$6.59 million
• Grenada — 81st of 111: −US$6.94 million
• Lesotho — 82nd of 111: −US$8.51 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. Others is a residual category in the World Bank's Debtor Reporting System. It includes such institutions as the Caribbean Development Fund, Council of Europe, European Development Fund, Islamic Development Bank, Nordic Development Fund, and the like. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 46 values

Net financial flows, others (NFL, current US$) in nearby economies

• Cambodia — US$29.66 million (2024)
• China — −US$520.81 million (2024)
• Fiji — US$9.3 million (2024)
• Indonesia — US$38.53 million (2024)
• Lao PDR — US$16.91 million (2024)
• Mongolia — −US$3.68 million (2024)
• Myanmar — −US$2.9 million (2024)
• Papua New Guinea — US$7.12 million (2024)
• Samoa — −US$622,372 (2024)
• Solomon Islands — −US$146,407 (2024)

More economic policy & debt data for Philippines

• Total reserves, including gold (current US$) — US$110.93 billion (2025)
• Total reserves, excluding gold (current US$) — US$92.26 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$70.26 billion (2025)
• General government final consumption expenditure (constant LCU) — 3.5 trillion (2025)
• Households and NPISHs final consumption expenditure (constant 2015 US$) — US$339.25 billion (2025)
• Households and NPISHs final consumption expenditure (constant LCU) — 16.86 trillion (2025)
• Households and NPISHs final consumption expenditure per capita (constant 2015 US$) — US$2,905 (2025)
• Final consumption expenditure (constant 2015 US$)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Philippines's net financial flows, others (NFL, current US$)?

−US$6.31 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1979?

It is down 182.75% from US$7.63 million in 1979. The highest value was US$26.99 million in 1983 and the lowest −US$18.28 million in 2015.

How does Philippines rank?

80th highest of 111 economies with data for 2024.

Is the latest change in net financial flows, others (NFL, current US$) unusual for Philippines?

In 2024, Philippines' net financial flows, others (NFL, current US$) rose US$1.2 million on 2023 (from −US$7.51 million to −US$6.31 million). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$463,439 and a typical year strayed about US$12.81 million from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator DT.NFL.MOTH.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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