IBRD only vs Philippines: Interest payments
IBRD only
8.2%
in 2023
Philippines
15.3%
in 2023
IBRD only rank
26th
Philippines rank
25th
Interest payments over time
- IBRD only
- Philippines
How they compare
Philippines currently reports 15.3% against 8.2% in IBRD only, a difference of 7.1%.
That makes Philippines's figure about 1.9 times IBRD only's.
Across all 24 years both countries report, Philippines has been ahead every year.
IBRD only ranks 26th and Philippines ranks 25th of 39 groups.
Philippines has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | IBRD only | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 9.1% | 29.6% | 20.5% | Philippines |
| 2010s | 7.4% | 17.6% | 10.2% | Philippines |
| 2020s | 7.6% | 12.5% | 4.9% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, IBRD only or Philippines?
- Philippines, at 15.3% against 8.2% in IBRD only as of 2023.
- What is the difference in interest payments between IBRD only and Philippines?
- 7.1%, with Philippines ahead.
- How many years of comparable data are there for IBRD only and Philippines?
- 24 years are reported by both, from 2000 to 2023.
- How do IBRD only and Philippines rank globally for interest payments?
- IBRD only ranks 26th and Philippines ranks 25th of 39 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of expense). 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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.