In 2016 Philippines public debt was 107,373 million euros 118,851 million dollars, has decreased 2,101 2,610 million since 2015.
This amount means that the debt in 2016 reached 38.97% of Philippines GDP, a 2.52 percentage point fall from 2015, when it was 41.49% of GDP.
If we check the tables we can see the evolution of Philippines debt. It has risen since 2006 in global debt terms, when it was 58,142 million euros 73,003 million dollars although it has fallen as a percentage of GDP, when it amounted to 59.74%.
According to the last data point published, Philippines per capita debt in 2016 was 1,040 euros1,151 dollars per inhabitant. In 2015 it was 1,078 euros 1,196 dollars, afterwards dropping by 38 euros 45dollars, and if we again check 2006 we can see that then the debt per person was 669 euros839 dollars .
The position of Philippines, as compared with the rest of the world, has improved in 2016 in terms of GDP percentage. Currently it is country number 63 in the list of debt to GDP and 65 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.