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Philippines Government Debt to GDP — 2026 Data & Trend

The Philippines' government debt was 43.43% in December 2014, down from 47.14% the previous year. A year earlier it stood at 47.14%.

The Philippines' government debt was 43.43% in December 2014, down from 47.14% the previous year. A year earlier it stood at 47.14%.

The Philippines' government debt stands at 43.43% as of December 2014. The government debt currently sits at 43.43% (down from 47.14% in the prior year). Across the tracked window it has ranged between 43.43% and 71.60%, and is 3.72% lower than a year ago.

The trend

Among the 121 economies tracked on this platform, Philippines ranks #77 on government debt by latest value. It fell from 47.14% in the previous year, and compares with a year-earlier 47.14%.

What's driving it

The debt ratio moves with budget deficits, growth, interest costs and the currency; faster nominal growth lowers it, while wide deficits push it up.

Recent readings

PeriodGovernment debt
Dec 201443.43%
Dec 201347.14%
Dec 201249.16%
Dec 201148.81%
Dec 201050.20%
Dec 200952.40%
Dec 200852.43%
Dec 200751.57%

Data: The World Bank — World Development Indicators (CC BY 4.0) Figures carry an effective date; confirm with the source before relying on them.

Frequently asked questions

How Much Government Debt Does the Philippines Have in 2026?

The Philippines' government debt was 43.43% in December 2014, down from 47.14% the previous year. A year earlier it stood at 47.14%.

Is the government debt rising or falling in the Philippines?

It fell in the latest reading — 43.43% in December 2014 versus 47.14% a year earlier. Year on year it is lower.

What is government debt?

It measures total public debt expressed as a share of gross domestic product (debt-to-GDP).

Written by Maya Sundar, Data Desk. The World Bank — World Development Indicators (CC BY 4.0) Figures may be revised — information only, not financial advice.