Philippines Philippines National Debt

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NATIONAL PUBLIC DEBT Philippines 2019

Philippines national debt goes up

In 2019 Philippines public debt was 124,418 million euros139,286 million dollars, has increased 15,40610,543 million since 2018.

This amount means that the debt in 2019 reached 36.97% of Philippines GDP, a 0.16 percentage point fall from 2018, when it was 37.13% of GDP.

If we check the tables we can see the evolution of Philippines debt. It has risen since 2009 in global debt terms, when it was 62,962 million euros 87,820 million dollars although it has fallen as a percentage of GDP, when it amounted to 49.81%.

According to the last data point published, Philippines per capita debt in 2019 was 1,160 euros1,298 dollars per inhabitant. In 2018 it was 1,031 euros 1,217 dollars, afterwards rising by 129 euros81 dollars, and if we again check 2009 we can see that then the debt per person was 688 euros959 dollars .

The position of Philippines, as compared with the rest of the world, has improved in 2019 in terms of GDP percentage. Currently it is country number 51 in the list of debt to GDP and 65 in debt per capita, out of the 188 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.$.)Debt (%GDP)Debt Per CapitaDebt Per Capita
2019124,418139,28636.97%1,160€1,298$
2018109,012128,74337.13%1,031€1,217$
2017110,848125,22538.11%1,064€1,202$
2016107,524119,01837.34%1,049€1,161$
2015109,474121,46139.64%1,086€1,205$
201490,085119,67740.24%907€1,205$
201393,620124,33743.80%957€1,271$
201293,088119,60045.69%967€1,243$
201176,462106,43545.43%807€1,124$
201074,73399,07347.59%802€1,064$
200962,96287,82049.81%688€959$
200861,55590,53450.01%684€1,006$
200757,09178,24350.17%646€885$
200658,13972,99957.19%670€841$
200555,81369,43764.67%655€815$
200454,31367,56071.08%650€809$
200354,94862,15771.39%671€759$
200258,15954,99565.18%725€685$
200152,40446,93359.47%667€597$
200053,60649,51159.20%697€643$
199943,52346,38753.95%565€603$
199837,82250.53%502$
199753,53856.56%728$
199650,23552.71%699$
199551,50560.39%753$
199446,53163.09%696$
199345,82973.21%702$
Philippines: Evolution of debt as a percentage of GDP

Philippines: Evolution of debt in millions