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Philippines: General government debt (% of GDP)

Percent of GDP · 1948–2025 · 77 observations · forecasts to 2031 · gen_govdebt_GDP

2025
59.4%percent of GDP
Change on 2024
+2.7 pointsfrom 56.6%
Average, 2016–2025
48.8%10 years
Record high and low
84.2% (1987)low 9.92% (1948)

General government debt (% of GDP)

Report error
0%10%20%30%40%50%60%70%80%90%1960198020002020PhilippinesPhilippines
ForecastPercent of GDP

Compare with other countries →Definition of General government debt (% of GDP)

Recent values

Percent of GDP

YearValue
203154.7Forecast
203056.4Forecast
202958.0Forecast
202859.2Forecast
202759.9Forecast
202660.2Forecast
202559.4
202456.6
202356.5
202257.4
202157.0
202051.6
201937.0
201837.1
201738.1
201637.4

Sources

  • IMF Historical Public Debt Database1948–2015
  • IMF Global Debt Database1950–2024
  • IMF Fiscal Policy Panel1954–2023
  • Bordo1971–1994
  • IMF World Economic Outlook1993–2025
  • IMF WEO (forecast)2025–2031

Compare these sources →

Philippines documentation (PDF)

More for Philippines

Real GDP per capita (USD)Nominal GDPReal GDPInflationUnemployment rateGovernment debt (% of GDP)All 77 series →

General government debt (% of GDP) elsewhere

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Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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