Foreign debt reached 73,080 USD bil in 2017 in Philippines, according to the National Statistical Office. This is 0.090 % more than in the previous year.
Historically, foreign debt in Philippines reached an all time high of 77,434 USD bil in 2014 and an all time low of 2,196 USD bil in 1970. When compared to Philippines's main peers, foreign debt in China amounted to 1,710,235 USD bil, 354,352 USD bil in Indonesia and 104,079 USD bil in Vietnam in 2017.
Philippines has been ranked 19th within the group of 111 countries we follow in terms of foreign debt, 6 places behind the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.