Net lending (+) / net borrowing (-) in Philippines
Philippines: Net lending (+) / net borrowing (-) was -1.50 trillion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Philippines, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, net lending (+) / net borrowing (-) in Philippines stood at -1.50 trillion current LCU.
The figure is down 1.1% on the previous year and down 2,298.2% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Philippines peaked at -11.99 billion current LCU in 1993 and was at its lowest, -1.61 trillion current LCU, in 2021.
Philippines ranks 137th of 156 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -20.97 billion current LCU | -30.28 billion current LCU | -11.99 billion current LCU | 4 |
| 2000s | -175.53 billion current LCU | -302.22 billion current LCU | -78.46 billion current LCU | 10 |
| 2010s | -295.56 billion current LCU | -640.74 billion current LCU | -62.62 billion current LCU | 10 |
| 2020s | -1.50 trillion current LCU | -1.61 trillion current LCU | -1.34 trillion current LCU | 5 |
Countries ranked near Philippines
- 134 Ukraine -1.36 trillion current LCU compare
- 135 Kazakhstan -1.37 trillion current LCU compare
- 136 Kenya -1.50 trillion current LCU compare
- 138 Madagascar -1.52 trillion current LCU compare
- 139 Mexico -1.99 trillion current LCU compare
- 140 United States -2.11 trillion current LCU compare
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.4% (2024)
- Taxes on income, profits and capital gains 34.7% (2024)
- Taxes on goods and services 25.3% (2024)
- Net investment in nonfinancial assets 5.0% (2024)
- Net lending (+) / net borrowing (-) -5.7% (2024)
- Interest payments 17.3% (2024)
- Grants and other revenue 13.9% (2024)
- Interest payments 15.3% (2023)
- Other taxes 5.3% (2024)
Frequently asked questions
- What is net lending (+) / net borrowing (-) in Philippines?
- Net lending (+) / net borrowing (-) in Philippines was -1.50 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Philippines?
- The highest recorded value was -11.99 billion current LCU in 1993.
- What is the lowest net lending (+) / net borrowing (-) recorded in Philippines?
- The lowest recorded value was -1.61 trillion current LCU in 2021.
- How does Philippines rank for net lending (+) / net borrowing (-)?
- Philippines ranks 137th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Philippines?
- Over the last ten years it is down 2,298.2%. The long-run trend across the full record is volatile.
- Where does this Philippines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.