World Bank · Debt

Philippines: Commitments, private creditors

5.78Bcurrent USD · 2025+35.9% since 2015

Commitments are the amount of long-term loans for which contracts were signed in the year specified; data for private nonguaranteed debt are not available. Debt from private creditors include bonds that are either publicly issued or privately placed; commercial bank loans from private banks and other private financial institutions; and other private credits from manufacturers, exporters, and other suppliers of goods, and bank credits covered by a guarantee of an export credit agency. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents by residents of an economy and repayable in currency, goods, or services. Data are in current U.S. dollars. All creditors combined (IDS counterpart area: World); figures by creditor are not carried. Annual figures for Philippines from 1970 to 2025.