IDA total vs Philippines: Interest payments
IDA total
7.8%
in 2021
Philippines
17.3%
in 2024
IDA total rank
26th
Philippines rank
25th
Interest payments over time
- IDA total
- Philippines
How they compare
Philippines currently reports 17.3% against 7.8% in IDA total, a difference of 9.5%.
That makes Philippines's figure about 2.2 times IDA total's.
Across all 9 years both countries report, Philippines has been ahead every year.
IDA total ranks 26th and Philippines ranks 25th of 41 groups.
Philippines has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | IDA total | Philippines | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 5.5% | 14.8% | 9.2% | Philippines |
| 2020s | 7.7% | 13.8% | 6.1% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, IDA total or Philippines?
- Philippines, at 17.3% against 7.8% in IDA total as of 2024.
- What is the difference in interest payments between IDA total and Philippines?
- 9.5%, with Philippines ahead.
- How many years of comparable data are there for IDA total and Philippines?
- 9 years are reported by both, from 2012 to 2021.
- How do IDA total and Philippines rank globally for interest payments?
- IDA total ranks 26th and Philippines ranks 25th of 41 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Interest payments (% of revenue). 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 a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.