External Debt in Philippines increased to 98488.01 USD Million in 2020 from 83617.93 USD Million in 2019. source: Bangko Sentral Ng Pilipinas

External Debt in Philippines averaged 52019.82 USD Million from 1981 until 2020, reaching an all time high of 98488.01 USD Million in 2020 and a record low of 20893 USD Million in 1981. This page provides - Philippines External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news. Philippines Total Gross External Debt - values, historical data and charts - was last updated on December of 2021.

External Debt in Philippines is expected to reach 1020000.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Total Gross External Debt is projected to trend around 1050000.00 USD Million in 2022 and 980000.00 USD Million in 2023, according to our econometric models.

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Philippines Total Gross External Debt

Related Last Previous Unit Reference
Current Account -455.04 -622.67 USD Million Jun/21
Current Account to GDP 3.60 -0.90 percent of GDP Dec/20
External Debt 98488.01 83617.93 USD Million Dec/20
Capital Flows 6.53 6.71 USD Million Jun/21
Remittances 2736862.40 2608916.20 USD Thousand Sep/21
Foreign Direct Investment 800.00 1300.00 USD Million Aug/21
Philippines Total Gross External Debt
In Philippines, external debt is a part of the total debt that is owed to creditors outside the country..