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World Bank · Public Sector

Philippines: Net incurrence of liabilities, total (current LCU)

1.28Tcurrent LCU · 2024+1023.3% since 2014

Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. 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. Annual figures for Philippines from 1990 to 2024.

19902024

Every year

YearValue (current LCU)Note
20241,276,743,000,000
20231,347,470,000,000
20221,494,986,000,000
20211,736,180,350,000
20202,073,148,610,000
2019435,666,590,000
2018505,608,000,000
2017606,040,000,000
201698,985,000,000
2015123,857,000,000
2014113,656,000,000
2013231,120,000,000
2012594,707,000,000
2011124,153,000,000
2010359,815,000,000
2009241,777,000,000
2008127,387,000,000
2007136,914,000,000
2006116,041,000,000
2005182,510,000,000
2004276,460,000,000
2003286,210,000,000
2002277,155,000,000
2001173,434,000,000
2000204,073,000,000
199972,674,000,000
199867,070,000,000
1997-34,585,000,000
199624,867,000,000
1995-23,405,000,000
1994-62,075,000,000
1993-9,600,000,000
1992106,679,000,000
199142,995,000,000
199019,770,000,000

Source

Published by World Bank, produced by International Monetary Fund. Licence: CC BY 4.0. Retrieved 2026-11-07.

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World Bank (2026). Net incurrence of liabilities, total (current LCU). Interva. https://interva.co/dataset/worldbank-net-incurrence-of-liabilities-total (accessed 2026-11-08). catalog snapshot 2026-11-07.

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Philippines: Net incurrence of liabilities, total (current LCU) (1990–2024) · Interva