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Philippines: Government debt

Millions of local currency · 1948–2025 · 78 observations · forecasts to 2031 · govdebt

2025
16.6 trillionlocal currency
Change on 2024
+11.0%year on year
Average growth, 2015–2025
+11.6%a year

Government debt

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100M1B10B100B1T10T100T1960198020002020PhilippinesPhilippines
ForecastLocal currency

Compare with other countries →Definition of Government debt

Recent values

Millions of local currency

YearValue
203125,105,098Forecast
203023,802,315Forecast
202922,522,199Forecast
202821,131,977Forecast
202719,677,427Forecast
202618,200,944Forecast
202516,627,911
202414,975,902
202313,733,384
202212,641,760
202111,064,948
20209,270,841
20197,216,272
20186,784,999
20176,313,067
20165,655,934

Sources

This series is derived from other GMD variables.

Philippines documentation (PDF)

More for Philippines

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

Government debt elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

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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