Philippines vs United States: Interest payments
Interest payments over time
- Philippines
- United States
How they compare
United States currently reports 1.06 trillion current LCU against 763.31 billion current LCU in Philippines, a difference of 293.82 billion current LCU.
That makes United States's figure about 1.4 times Philippines's.
The two have swapped places 6 times across 35 shared years of data; in 1990 it was United States ahead.
Philippines ranks 28th and United States ranks 25th of 155 countries.
Across the 4 decades both report, Philippines averaged higher in 1 and United States in 3.
Head to head by decade
| Decade | Philippines | United States | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 81.44 billion current LCU | 229.24 billion current LCU | 147.79 billion current LCU | United States |
| 2000s | 257.15 billion current LCU | 255.42 billion current LCU | 1.72 billion current LCU | Philippines |
| 2010s | 319.36 billion current LCU | 347.11 billion current LCU | 27.75 billion current LCU | United States |
| 2020s | 540.87 billion current LCU | 709.72 billion current LCU | 168.85 billion current LCU | United States |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Philippines or United States?
- United States, at 1.06 trillion current LCU against 763.31 billion current LCU in Philippines as of 2024.
- What is the difference in interest payments between Philippines and United States?
- 293.82 billion current LCU, with United States ahead.
- How many years of comparable data are there for Philippines and United States?
- 35 years are reported by both, from 1990 to 2024.
- How do Philippines and United States rank globally for interest payments?
- Philippines ranks 28th and United States ranks 25th 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.
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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.