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Philippines: Government debt (% of GDP)

Percent of GDP · 1948–2025 · 78 observations · forecasts to 2031 · 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 8.36% (1949)

Government debt (% of GDP)

Report error
0%20%40%60%80%100%1960198020002020PhilippinesPhilippines
ForecastPercent of GDP

Compare with other countries →Definition of 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

This series is derived from other GMD variables.

Philippines documentation (PDF)

More for Philippines

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

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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