In 2018 Philippines public debt was 109,012 million euros128,796 million dollars, has decreased 1,8363,617 million since 2017.
This amount means that the debt in 2018 reached 37.13% of Philippines GDP, a 0.98 percentage point fall from 2017, when it was 38.11% 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 90,522 million dollars although it has fallen as a percentage of GDP, when it amounted to 50.01%.
According to the last data point published, Philippines per capita debt in 2018 was 1,031 euros1,218 dollars per inhabitant. In 2017 it was 1,064 euros 1,202 dollars, afterwards dropping by 33 euros 16dollars, and if we again check 2008 we can see that then the debt per person was 684 euros1,006 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 54 in the list of debt to GDP and 62 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.