As of now, the Philippines reports a government debt as a percentage of gross domestic product (gdp) of 57.51%, signifying an increase of 0.51% (0.9%) from 2021.
Government debt as a percentage of gross domestic product (GDP) of the Philippines
No matching regions
Source:
Data availability:
Regions:
386
Date range: 1980 to 2028
Points:
8,673
Measure:
%
More indicators for the Philippines
Government borrowing in national currency
-1,172.15B
+34.09B
(2023)
Current account balance
-intl dollar7.44B
+intl dollar1.60B
(2028)
Government revenue in national currency
4,863.80B
+367.66B
(2023)
Government expenditure in national currency
6,035.95B
+333.57B
(2023)
Government structural balance in national currency
-1,174.01B
+52.28B
(2023)
Philippines Gross government debt as percentage of GDP between 1993 and 2022
| Period | Value | Change |
|---|---|---|
| 2022 | 57.51% | +0.51% |
| 2021 | 57% | +5.36% |
| 2020 | 51.64% | +14.67% |
| 2019 | 36.97% | -0.17% |
| 2018 | 37.15% | -0.98% |
| 2017 | 38.13% | +0.75% |
| 2016 | 37.38% | -2.31% |
| 2015 | 39.69% | -0.61% |
| 2014 | 40.3% | -3.56% |
| 2013 | 43.86% | -1.83% |
| 2012 | 45.69% | +0.26% |
| 2011 | 45.43% | -2.15% |
| 2010 | 47.59% | -2.22% |
| 2009 | 49.81% | -0.21% |
| 2008 | 50.01% | -0.16% |
| 2007 | 50.17% | -7.02% |
| 2006 | 57.19% | -7.49% |
| 2005 | 64.67% | -6.41% |
| 2004 | 71.08% | -0.31% |
| 2003 | 71.39% | +6.21% |
| 2002 | 65.18% | +5.71% |
| 2001 | 59.47% | +0.27% |
| 2000 | 59.2% | +4.99% |
| 1999 | 54.22% | +3.45% |
| 1998 | 50.77% | -6.12% |
| 1997 | 56.89% | +3.82% |
| 1996 | 53.07% | -7.78% |
| 1995 | 60.85% | -2.75% |
| 1994 | 63.6% | -10.27% |
| 1993 | 73.87% |