Which has higher interest payments, IDA & IBRD total or Philippines?

Philippines, at 15.3% against 8.0% in IDA & IBRD total as of 2023.

How many years of comparable data are there for IDA & IBRD total and Philippines?

18 years are reported by both, from 2004 to 2022.

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.

IDA & IBRD total vs Philippines: Interest payments

IDA & IBRD total

8.0%

in 2022

Philippines

15.3%

in 2023

IDA & IBRD total rank

27th

Philippines rank

25th

Interest payments over time

IDA & IBRD total
Philippines

How they compare

Philippines currently reports 15.3% against 8.0% in IDA & IBRD total, a difference of 7.3%.

That makes Philippines's figure about 1.9 times IDA & IBRD total's.

Across all 18 years both countries report, Philippines has been ahead every year.

IDA & IBRD total ranks 27th 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	IDA & IBRD total	Philippines	Difference	Ahead
2000s	7.3%	29.1%	21.8%	Philippines
2010s	6.8%	17.6%	10.8%	Philippines
2020s	8.1%	11.6%	3.4%	Philippines

Averages of every year both report within each decade.

Frequently asked questions

Which has higher interest payments, IDA & IBRD total or Philippines?: Philippines, at 15.3% against 8.0% in IDA & IBRD total as of 2023.
What is the difference in interest payments between IDA & IBRD total and Philippines?: 7.3%, with Philippines ahead.
How many years of comparable data are there for IDA & IBRD total and Philippines?: 18 years are reported by both, from 2004 to 2022.
How do IDA & IBRD total and Philippines rank globally for interest payments?: IDA & IBRD total ranks 27th 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.

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IDA & IBRD total vs Philippines: Interest payments. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 02 September 2026, from https://public-sector.statizoid.com/compare/interest-payments-percent-of-expense/ida-and-ibrd-total/philippines/

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About this data

Indicator: Interest payments (% of expense)
Unit: % of expense
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 193 places, 5,277 data points, 1972–2024
Last refreshed: 20 August 2026

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.