China vs Philippines: Interest payments
Interest payments over time
- China
- Philippines
How they compare
Philippines currently reports 763.31 billion current LCU against 590.85 billion current LCU in China, a difference of 172.47 billion current LCU.
That makes Philippines's figure about 1.3 times China's.
The two have swapped places 1 time across 17 shared years of data; in 2005 it was Philippines ahead.
China ranks 31st and Philippines ranks 28th of 155 countries.
Across the 3 decades both report, China averaged higher in 1 and Philippines in 2.
Head to head by decade
| Decade | China | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 108.38 billion current LCU | 297.58 billion current LCU | 189.21 billion current LCU | Philippines |
| 2010s | 306.01 billion current LCU | 319.36 billion current LCU | 13.35 billion current LCU | Philippines |
| 2020s | 574.98 billion current LCU | 404.92 billion current LCU | 170.06 billion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, China or Philippines?
- Philippines, at 763.31 billion current LCU against 590.85 billion current LCU in China as of 2024.
- What is the difference in interest payments between China and Philippines?
- 172.47 billion current LCU, with Philippines ahead.
- How many years of comparable data are there for China and Philippines?
- 17 years are reported by both, from 2005 to 2021.
- How do China and Philippines rank globally for interest payments?
- China ranks 31st and Philippines ranks 28th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.