Philippines Philippines National Debt

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NATIONAL PUBLIC DEBT Philippines 2022

The national debt increased in Philippines

In 2022 Philippines public debt was 220,618 million euros232,505 million dollars, has increased 30,8067,858 million since 2021.

This amount means that the debt in 2022 reached 57.51% of Philippines GDP, a 0.51 percentage point rise from 2021, when it was 57% of GDP.

If we check the tables we can see the evolution of Philippines debt. It has risen since 2012 in global debt terms, when it was 93,088 million euros 119,674 million dollars and also in terms of GDP percentage, when it amounted to 45.69%.

According to the last data point published, Philippines per capita debt in 2022 was 1,977 euros2,084 dollars per inhabitant. In 2021 it was 1,722 euros 2,039 dollars, afterwards rising by 255 euros45 dollars, and if we again check 2012 we can see that then the debt per person was 967 euros1,243 dollars .

The position of Philippines, as compared with the rest of the world, has worsened in 2022 in terms of GDP percentage. Currently it is country number 101 in the list of debt to GDP and 78 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Philippines. You can see debt in other countries in Public debt and see all the information about Philippines in economy of Philippines.

Philippines: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
2022220,618232,50557.51%€1,977$2,084
2021189,812224,64757.00%€1,722$2,039
2020163,694186,82151.64%€1,505$1,718
2019124,439139,32136.97%€1,160$1,299
2018109,050128,84237.15%€1,031$1,218
2017110,911125,25038.13%€1,065$1,202
2016107,619119,09137.38%€1,050$1,162
2015109,606121,62239.69%€1,087$1,206
201490,217119,88440.30%€908$1,207
201393,762124,52943.86%€959$1,273
201293,088119,67445.69%€967$1,243
201176,462106,41345.43%€807$1,124
201074,73399,15647.59%€802$1,065
200962,96287,72349.81%€688$958
200861,55490,52250.01%€684$1,006
200757,09178,25250.17%€646$885
200658,13873,00357.19%€670$841
200555,81269,47364.67%€655$816
200454,31367,53071.08%€650$808
200354,94862,14071.39%€671$759
200258,15954,95565.18%€725$685
200152,40446,93559.47%€667$597
200053,60649,53359.20%€697$644
199943,52346,43254.22%€565$603
199837,82250.77%$502
199753,53856.89%$728
199650,23553.07%$699
199551,50560.85%$753
199446,53163.60%$696
199345,82973.87%$702
Philippines: Evolution of debt as a percentage of GDP

Philippines: Evolution of debt in millions