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Philippines  

NATIONAL PUBLIC DEBT Philippines 2018

National debt fell in Philippines

In 2018 Philippines public debt was 109,012 million euros 128,743 million dollars, has decreased 1,836 3,518 million since 2017.

This amount means that the debt in 2018 reached 38.92% of Philippines GDP, a 0.99 percentage point fall from 2017, when it was 39.91% of GDP.

If we check the tables we can see the evolution of Philippines debt. It has risen since 2008 in global debt terms, when it was 61,555 million euros 90,535 million dollars although it has fallen as a percentage of GDP, when it amounted to 52.14%.

According to the last data point published, Philippines per capita debt in 2018 was 1,022 euros1,207 dollars per inhabitant. In 2017 it was 1,057 euros 1,194 dollars, afterwards dropping by 35 euros 13dollars, and if we again check 2008 we can see that then the debt per person was 688 euros1,012 dollars .

The position of Philippines, as compared with the rest of the world, has improved in 2018 in terms of GDP percentage. Currently it is country number 61 in the list of debt to GDP and 63 in debt per capita, out of the 186 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
DateDebtDebtDebt (%GDP)Debt Per CapitaDebt Per Capita
2018109,012128,74338.92%1,022€1,207$
2017110,848125,22539.91%1,057€1,194$
2016107,524119,01839.03%1,042€1,153$
2015109,474121,46141.49%1,078€1,196$
201490,085119,67742.06%902€1,198$
201393,620124,33745.74%953€1,266$
201293,088119,60047.85%965€1,239$
201176,462106,43547.48%812€1,130$
201074,73399,07349.68%807€1,070$
200962,96287,81952.07%692€965$
200861,55590,53552.14%688€1,012$
200757,09178,24452.39%644€882$
200658,13972,99959.74%668€839$
200555,81369,43767.40%655€814$
200454,31367,56073.91%650€809$
200354,94862,15774.06%671€759$
200258,15954,99667.55%724€685$
200152,40446,93361.55%667€597$
200053,60649,51061.14%696€643$
199943,52346,38755.95%565€603$
199837,82252.38%502$
199753,53858.68%728$
199650,23554.73%699$
199551,50562.72%753$
199446,53165.53%696$
199345,82876.08%702$
Philippines: Evolution of debt as a percentage of GDP

Philippines: Evolution of debt in millions