Economy
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · updated 2025-12-31
Philippines's government debt stands at 59.13% as of 2025-12-31, up from 56.62% in 2024. Historical data runs from 1996 to 2025 (30 observations).
In 2025, Philippines's government debt was 59.13%, up from 56.62% in 2024.
In 2024, Philippines's government debt was 56.62%, up from 56.48% in 2023.
In 2023, Philippines's government debt was 56.48%, down from 57.39% in 2022.
In 2022, Philippines's government debt was 57.39%, up from 57% in 2021.
In 2021, Philippines's government debt was 57%, up from 51.64% in 2020.
| Year | Value | Change |
|---|---|---|
| 2025 | 59.13% | +2.51% |
| 2024 | 56.62% | +0.1388% |
| 2023 | 56.48% | -0.9043% |
| 2022 | 57.39% | +0.3842% |
| 2021 | 57% | +5.36% |
| 2020 | 51.64% | +14.67% |
| 2019 | 36.97% | -0.1745% |
| 2018 | 37.15% | -0.9829% |
| 2017 | 38.13% | +0.7537% |
| 2016 | 37.38% | -2.31% |
| 2015 | 39.69% | -0.6113% |
| 2014 | 40.3% | -3.56% |
| 2013 | 43.86% | -1.83% |
| 2012 | 45.69% | +0.2576% |
| 2011 | 45.43% | -2.15% |
| 2010 | 47.59% | -2.22% |
| 2009 | 49.81% | -0.2048% |
| 2008 | 50.01% | -0.1575% |
| 2007 | 50.17% | -7.02% |
| 2006 | 57.19% | -7.49% |
| 2005 | 64.67% | -6.41% |
| 2004 | 71.08% | -0.3107% |
| 2003 | 71.39% | +6.21% |
| 2002 | 65.18% | +5.71% |
| 2001 | 59.47% | +0.2682% |
| 2000 | 59.2% | +4.99% |
| 1999 | 54.22% | +3.44% |
| 1998 | 50.77% | -6.12% |
| 1997 | 56.89% | +3.82% |
| 1996 | 53.07% | — |
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). · Download this series as CSV — free, attribution required (CC BY 4.0).
Philippines's government debt is 59.13% as of 2025-12-31, compared with 56.62% in 2024. Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO).
The highest recorded value is 71.39% (2003); the lowest is 36.97% (2019), across data from 1996 to 2025.
Source: IMF — International Reserves and Foreign Currency Liquidity (IRFCL), International Liquidity (IL), Monetary and Financial Statistics (MFS), World Economic Outlook (WEO). Figures are republished with attribution and updated as the source releases new observations.