Philippines Philippines National Debt

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NATIONAL PUBLIC DEBT Philippines 2021

Philippines national debt goes up

In 2021 Philippines public debt was 191,413 million euros226,424 million dollars, has increased 27,50039,623 million since 2020.

This amount means that the debt in 2021 reached 57.53% of Philippines GDP, a 5.85 percentage point rise from 2020, when it was 51.68% of GDP.

If we check the tables we can see the evolution of Philippines debt. It has risen since 2011 in global debt terms, when it was 76,532 million euros 106,413 million dollars and also in terms of GDP percentage, when it amounted to 45.43%.

According to the last data point published, Philippines per capita debt in 2021 was 1,737 euros2,055 dollars per inhabitant. In 2020 it was 1,507 euros 1,717 dollars, afterwards rising by 230 euros338 dollars, and if we again check 2011 we can see that then the debt per person was 808 euros1,124 dollars .

The position of Philippines, as compared with the rest of the world, has worsened in 2021 in terms of GDP percentage. Currently it is country number 94 in the list of debt to GDP and 76 in debt per capita, out of the 190 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
2021191,413226,42457.53%€1,737$2,055
2020163,913186,80151.68%€1,507$1,717
2019124,433139,29836.97%€1,160$1,298
2018109,111128,79637.13%€1,032$1,218
2017111,071125,17938.11%€1,066$1,202
2016107,568118,98637.34%€1,049$1,161
2015109,529121,47539.64%€1,086$1,205
201490,228119,70840.24%€909$1,205
201393,649124,34043.80%€958$1,272
201293,139119,67445.69%€968$1,243
201176,532106,41345.43%€808$1,124
201074,87299,15647.59%€804$1,065
200963,12587,72349.81%€689$958
200861,85390,52250.01%€687$1,006
200757,17378,25150.17%€647$885
200658,19073,00357.19%€670$841
200555,90069,47464.67%€656$816
200454,36967,53071.08%€651$808
200355,04562,14071.39%€672$759
200258,34154,95565.18%€727$685
200152,44046,93559.47%€667$597
200053,75249,53359.20%€699$644
199943,58146,43254.22%€566$603
199837,82250.77%$502
199753,53756.89%$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