In 2024 Philippines public debt was 243,427 million euros263,401 million dollars, has increased 15,17916,533 million since 2023.
This amount means that the debt in 2024 reached 57.06% of Philippines GDP, a 0.58 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 2,175 euros2,354 dollars per inhabitant. In 2023 it was 2,040 euros 2,206 dollars, afterwards rising by 135 euros148 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 103 in the list of debt to GDP and 79 in debt per capita, out of the 191 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.