Philippines - Interest Payments on Government Debt
Since 2014, Philippines Interest Payments on Government Debt decreased by 7.5points year on year. In 2019, the country was ranked number 32 among other countries in Interest Payments on Government Debt at 11.51 Percent of Revenue. Philippines is overtaken by Ivory Coast, which was number 31 with 11.56 Percent of Revenue and is followed by Togo with 11.5 Percent of Revenue. Lebanon ranked the highest with 50.83 Percent of Revenue in 2019, an increase of 1.7points compared to 2018. Sri Lanka, Zambia and Ghana respectively ranked number 2, 3 and 4 in this ranking. Singapore witnessed the best average annual growth at +219.6points per year, while Iraq recorded the worst performance at -61.4points per year.
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| Date | Percent of Revenue |
|---|---|
| 2019 | 11.51 |
| 2018 | 12.32 |
| 2017 | 12.56 |
| 2016 | 14.03 |
| 2015 | 15.33 |
How does Philippines rank in Interest Payments on Government Debt?
| # | 138 Countries | Percent of Revenue | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
Lebanon
|
50.83 % | 2019 | +1.7 % | +3.1 % | View data | |
| 2 |
#2
Sri Lanka
|
47.47 % | 2019 | +7.6 % | +5.2 % | View data | |
| 31 |
#31
Ivory Coast
|
11.56 % | 2019 | +10.1 % | +19.2 % | View data | |
| 32 |
#32
Philippines
|
11.51 % | 2019 | -6.6 % | -7.5 % | View data | |
| 33 |
#33
Togo
|
11.50 % | 2019 | +16.1 % | +13.9 % | View data | |