In 2024 Philippines public debt was 241,579 million euros261,402 million dollars, has increased 13,33114,534 million since 2023.
This amount means that the debt in 2024 reached 56.63% of Philippines GDP, a 0.15 percentage point rise from 2023, when it was 56.48% of GDP.
If we check the tables we can see the evolution of Philippines debt. It has risen since 2014 in global debt terms, when it was 90,217 million euros 119,884 million dollars and also in terms of GDP percentage, when it amounted to 40.3%.
According to the last data point published, Philippines per capita debt in 2024 was 2,135 euros2,310 dollars per inhabitant. In 2023 it was 2,040 euros 2,206 dollars, afterwards rising by 95 euros104 dollars, and if we again check 2014 we can see that then the debt per person was 908 euros1,207 dollars .
The position of Philippines, as compared with the rest of the world, has improved in 2024 in terms of GDP percentage. Currently it is country number 100 in the list of debt to GDP and 80 in debt per capita, out of the 192 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.