Philippines Philippines National Debt

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NATIONAL PUBLIC DEBT Philippines 2020

Philippines national debt goes up

In 2020 Philippines public debt was 163,913 million euros187,221 million dollars, has increased 39,47947,917 million since 2019.

This amount means that the debt in 2020 reached 51.68% of Philippines GDP, a 14.71 percentage point rise from 2019, when it was 36.97% of GDP.

If we check the tables we can see the evolution of Philippines debt. It has risen since 2010 in global debt terms, when it was 74,872 million euros 99,257 million dollars and also in terms of GDP percentage, when it amounted to 47.59%.

According to the last data point published, Philippines per capita debt in 2020 was 1,507 euros1,721 dollars per inhabitant. In 2019 it was 1,160 euros 1,298 dollars, afterwards rising by 347 euros423 dollars, and if we again check 2010 we can see that then the debt per person was 804 euros1,066 dollars .

The position of Philippines, as compared with the rest of the world, has worsened in 2020 in terms of GDP percentage. Currently it is country number 88 in the list of debt to GDP and 71 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.$.)Debt (%GDP)Debt Per CapitaDebt Per Capita
2020163,913187,22151.68%1,507€1,721$
2019124,434139,30436.97%1,160€1,298$
2018109,111128,86137.13%1,032€1,218$
2017111,071125,47738.11%1,066€1,205$
2016107,569119,06837.34%1,049€1,161$
2015109,529121,52239.64%1,086€1,205$
201490,228119,86840.24%909€1,207$
201393,649124,37643.80%958€1,272$
201293,139119,66545.69%968€1,243$
201176,532106,53345.43%808€1,125$
201074,87299,25747.59%804€1,066$
200963,12588,04749.81%689€962$
200861,85390,97450.01%687€1,011$
200757,17378,35650.17%647€886$
200658,19073,06457.19%670€842$
200555,90069,54564.67%656€817$
200454,36967,63071.08%651€809$
200355,04562,26771.39%672€760$
200258,34155,16865.18%727€687$
200152,44146,96659.47%667€597$
200053,75249,64659.20%699€645$
199943,58146,44854.22%566€603$
199837,82250.77%502$
199753,53856.89%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