Philippines - Use of IMF credit

Use of IMF credit (DOD, current US$)

The latest value for Use of IMF credit (DOD, current US$) in Philippines was 1,206,895,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 2,183,439,000 in 2000 and 68,750,000 in 1970.

Definition: Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.

Source: World Bank, International Debt Statistics.

See also:

Year Value
1970 68,750,000
1971 97,422,000
1972 103,413,000
1973 91,987,000
1974 83,027,000
1975 192,791,000
1976 404,156,000
1977 527,528,700
1978 657,614,800
1979 812,846,400
1980 1,044,298,000
1981 1,133,354,000
1982 999,286,800
1983 1,094,681,000
1984 885,378,000
1985 1,168,449,000
1986 1,266,005,000
1987 1,259,861,000
1988 1,093,455,000
1989 1,176,508,000
1990 911,737,300
1991 1,085,725,000
1992 1,100,165,000
1993 1,209,748,000
1994 1,063,590,000
1995 727,602,700
1996 405,418,500
1997 855,177,500
1998 1,568,489,000
1999 1,982,357,000
2000 2,183,439,000
2001 2,098,404,000
2002 1,844,542,000
2003 1,370,610,000
2004 937,288,100
2005 555,497,200
2006 175,407,000
2007 184,249,200
2008 179,587,800
2009 1,313,669,000
2010 1,290,491,000
2011 1,286,502,000
2012 1,287,885,000
2013 1,290,466,000
2014 1,214,048,000
2015 1,161,194,000
2016 1,126,503,000
2017 1,193,375,000
2018 1,165,435,000
2019 1,158,759,000
2020 1,206,895,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: External debt