Philippines's PPG, other private creditors (NFL, current US$) was −US$2.3 million in 2020, the latest year in the World Bank's World Development Indicators. That is up 96.97% from −US$75.64 million in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$2.3 million | 2020 |
| Five years earlier | −US$2.03 million | 2015 |
| Ten years earlier | −US$75.64 million | 2010 |
| Highest | US$455.68 million | 1999 |
| Lowest | −US$416.84 million | 2009 |
| Average since 2011 | −US$23.28 million | 2011–2020 |
| First recorded | −US$2.68 million |
What the numbers say
In 2020, Philippines' PPG, other private creditors (NFL, current US$) fell US$47,000 on 2019 (from −US$2.25 million to −US$2.3 million).
Across the 30 yearly changes before that (1990 to 2019), the average change was −US$2.23 million and a typical year strayed about US$172.79 million from that (the standard deviation). This year's change was 0.0 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$600.05 million in 1999 and the biggest yearly fall was US$464.89 million in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 the straight-line trend is upward, about US$8.99 million a year. A straight line explains 72% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Philippines | −US$2.3 million | 2020 |
| Upper middle income | US$3.86 billion | 2024 |
Closest to Philippines in the 2020 ranking
- Dominican Republic — 2nd of 3: −US$4.68 million
- Pakistan — 3rd of 3: −US$84.82 million
What this measures
Public and publicly guaranteed other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 51 values
| Year | PPG, other private creditors (NFL, current US$) |
|---|---|
| 2020 | -2,295,000 |
| 2019 | -2,248,000 |
| 2018 | -2,219,000 |
| 2017 | -2,225,000 |
| 2016 | -2,256,000 |
| 2015 | -2,025,000 |
| 2014 | -16,228,000 |
| 2013 | -53,398,000 |
| 2012 | -63,152,000 |
| 2011 | -86,745,000 |
| 2010 |
PPG, other private creditors (NFL, current US$) in nearby economies
More economic policy & debt data for Philippines
- Total reserves, including gold (current US$) — 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
Questions people ask
- What is Philippines's PPG, other private creditors (NFL, current US$)?
- −US$2.3 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 14.49% from −US$2.68 million in 1970. The highest value was US$455.68 million in 1999 and the lowest −US$416.84 million in 2009.
- Is the latest change in PPG, other private creditors (NFL, current US$) unusual for Philippines?
- In 2020, Philippines' PPG, other private creditors (NFL, current US$) fell US$47,000 on 2019 (from −US$2.25 million to −US$2.3 million). Across the 30 yearly changes before that (1990 to 2019), the average change was −US$2.23 million and a typical year strayed about US$172.79 million from that (the standard deviation). This year's change was 0.0 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB).
Source
World Bank, World Development Indicators, indicator DT.NFL.PROP.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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