Philippines vs World: Interest payments
Philippines
17.3%
in 2024
World
6.9%
in 2023
Philippines rank
25th
World rank
28th
Interest payments over time
- Philippines
- World
How they compare
Philippines currently reports 17.3% against 6.9% in World, a difference of 10.4%.
That makes Philippines's figure about 2.5 times World's.
Across all 24 years both countries report, Philippines has been ahead every year.
Philippines ranks 25th and World ranks 28th of 155 countries.
Philippines has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Philippines | World | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 22.0% | 10.1% | 12.0% | Philippines |
| 2000s | 32.5% | 6.2% | 26.3% | Philippines |
| 2010s | 16.8% | 5.6% | 11.2% | Philippines |
| 2020s | 14.6% | 6.2% | 8.4% | Philippines |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher interest payments, Philippines or World?
- Philippines, at 17.3% against 6.9% in World as of 2024.
- What is the difference in interest payments between Philippines and World?
- 10.4%, with Philippines ahead.
- How many years of comparable data are there for Philippines and World?
- 24 years are reported by both, from 1998 to 2023.
- How do Philippines and World rank globally for interest payments?
- Philippines ranks 25th and World 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 (% 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.