In 2023 Philippines public debt was 228,248 million euros246,868 million dollars, has increased 8,05814,815 million since 2022.
This amount means that the debt in 2023 reached 56.47% of Philippines GDP, a 0.92 percentage point fall from 2022, when it was 57.39% of GDP.
If we check the tables we can see the evolution of Philippines debt. It has risen since 2013 in global debt terms, when it was 93,762 million euros 124,529 million dollars and also in terms of GDP percentage, when it amounted to 43.86%.
According to the last data point published, Philippines per capita debt in 2023 was 2,040 euros2,206 dollars per inhabitant. In 2022 it was 1,985 euros 2,092 dollars, afterwards rising by 55 euros114 dollars, and if we again check 2013 we can see that then the debt per person was 959 euros1,273 dollars .
The position of Philippines, as compared with the rest of the world, has worsened in 2023 in terms of GDP percentage. Currently it is country number 105 in the list of debt to GDP and 76 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.