Interest payments (% of expense) in Philippines was reported at 12.27 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Philippines - Interest payments (% of expense) - actual values, historical data, forecasts and projections were sourced from the World Bank on May of 2024.

Philippines - Interest Payments (% Of Expense)
Interest payments include interest payments on government debt--including long-term bonds, long-term loans, and other debt instruments--to domestic and foreign residents.